What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the estimated listing price for Dhariwal corp Limited IPO?

Based on the upper price band of ₹106 and current GMP of ₹36, the estimated listing price is ₹142 (approx. 34.0% gain).

What is the expected profit per lot for Dhariwal corp Limited IPO?

With a lot size of 1200 shares and current GMP of ₹36, expected profit per retail application lot is approximately ₹43,200.

IPO GreyPremiumLIVE

Grey Market Intelligence

Dhariwal corp Limited

ListedSME

Emerging SME Services · NSE

Dhariwalcorp Limited, established in 2020, specializes in trading various waxes, industrial chemicals, and petroleum jelly. The company deals in Paraffin Wax, Micro Wax, Carnauba Wax, and chemicals like Rubber Process Oil and Citric Acid Monohydrate, serving industries such as plywood, pharmaceuticals, and adhesives. With processing units and warehouses in Jodhpur, Bhiwandi, Ahmedabad, and Mundra, it operates across 21 states, 3 Union Territories, and exports to Nepal. In FY 2024, the company reported domestic sales of ₹226.30 Lakhs, supported by a dedicated team of 7 employees.

Price Band

₹102 – ₹106

Issue Size

₹25.15 Cr

Lot Size

1200 shares

GMP

₹36

+34.0%

Est. Listing

₹142

at current GMP

Subscribed

177.82x

overall

Open

1 Aug 2024

5 Aug 2024

Allotment

6 Aug 2024

Refund

7 Aug 2024

Demat Credit

8 Aug 2024

Listing

8 Aug 2024

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

Dhariwal corp Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹36+34.0%

Issue Price (Upper)

₹106

Band: ₹102 – ₹106

Estimated Listing Price

₹142

Upper price + GMP

Lot Size

1200 shares

Min investment ₹1,27,200

Estimated Profit / Lot

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹36	34.0%	₹142
30 Oct 2026	+₹36	34.0%	₹142
29 Oct 2026	+₹32	30.6%	₹138

About Dhariwal corp Limited Public Issue & Market Profile

Dhariwal corp Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹25.15 Crores. The shares are offered at a price band of ₹102 to ₹106 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.

Public Issue & Pricing Context:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1200 shares (approx. ₹1,27,200 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.

Basis of Allotment & Listing Timeline:

Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-08-08, while un-allotted funds or UPI block mandates will be released on 2024-08-07.

Frequently Asked Questions

What is Dhariwal corp Limited IPO GMP today?

The latest grey market premium for Dhariwal corp Limited IPO is ₹36, which indicates an expected listing price of ₹142.

What does Kostak Rate and Sauda mean in IPO GMP?

Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.

Is Grey Market Premium officially recognized?

No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.