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 E Factor Experiences Limited IPO?

Based on the upper price band of ₹75 and current GMP of ₹55, the estimated listing price is ₹130 (approx. 73.3% gain).

What is the expected profit per lot for E Factor Experiences Limited IPO?

With a lot size of 1600 shares and current GMP of ₹55, expected profit per retail application lot is approximately ₹88,000.

IPO GreyPremiumLIVE

Grey Market Intelligence

E Factor Experiences Limited

ListedSME

Emerging SME Services · NSE

Incorporated in 2003, E Factor Experiences Limited is an Indian event management company offering event experiences, event services, turnkey projects, permanent and semi-permanent multimedia light and sound installations, wedding & private event solutions, and technology-based experiential setups. The company handles government tourism festivals, concerts, televised events, sporting events, and large celebrations with offices in Delhi, Noida, Jaipur, and Odisha and a team of 32 employees. Popular events handled include Eco Retreat Odisha, DotFest Bhubaneswar, Laser Show at Deepotsav, Kashi Balloon & Boat Race, and “Baba Saheb” the grand musical. Through its subsidiary “Sky Waltz”, the company also operates hot air balloon and yachting tourism activities across India, approved as a commercial balloon operator for 12+ years. It further holds a 46.33% stake in Untamed Leisure and Hospitality Private Limited, strengthening its presence in leisure, entertainment, and hospitality services.

Price Band

₹71 – ₹75

Issue Size

₹25.92 Cr

Lot Size

1600 shares

GMP

₹55

+73.3%

Est. Listing

₹130

at current GMP

Subscribed

73.21x

overall

Open

27 Sep 2023

3 Oct 2023

Allotment

5 Oct 2023

Refund

6 Oct 2023

Demat Credit

7 Oct 2023

Listing

9 Oct 2023

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

E Factor Experiences Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹55+73.3%

Issue Price (Upper)

₹75

Band: ₹71 – ₹75

Estimated Listing Price

₹130

Upper price + GMP

Lot Size

1600 shares

Min investment ₹1,20,000

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹55	73.3%	₹130
30 Oct 2026	+₹55	73.3%	₹130
29 Oct 2026	+₹50	66.0%	₹125

About E Factor Experiences Limited Public Issue & Market Profile

E Factor Experiences Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹25.92 Crores. The shares are offered at a price band of ₹71 to ₹75 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 1600 shares (approx. ₹1,20,000 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 Maashitla Securities Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-10-07, while un-allotted funds or UPI block mandates will be released on 2023-10-06.

Frequently Asked Questions

What is E Factor Experiences Limited IPO GMP today?

The latest grey market premium for E Factor Experiences Limited IPO is ₹55, which indicates an expected listing price of ₹130.

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.