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 Ekennis Software Service IPO?

Based on the upper price band of ₹72 and current GMP of ₹0, the estimated listing price is ₹72 (approx. 0.0% gain).

What is the expected profit per lot for Ekennis Software Service IPO?

With a lot size of 1600 shares and current GMP of ₹0, expected profit per retail application lot is approximately ₹0.

IPO GreyPremiumLIVE

Grey Market Intelligence

Ekennis Software Service

ListedSME

Information Technology · BSE

Ekennis Software Service Ltd is a company specializing in software IT solutions and consulting services. They provide IT product and software development, as well as software training, with a strong focus on ERP solutions, Learning Management Solutions, and expertise in SAP ERP. The company also offers services such as business process analysis, system design, technical expertise, implementation, training, and ongoing support. In addition, Ekennis Software excels in 3D printing and digital printing services, catering to a diverse range of industries, including retail, food, entertainment, sports, baby care, personal hygiene, industrial, and agriculture, with packaging design consultancy being an essential part of their offerings.

Price Band

₹72

Issue Size

₹2.88 Cr

Lot Size

1600 shares

GMP

—

Est. Listing

₹72

at current GMP

Subscribed

—

Open

21 Feb 2022

24 Feb 2022

Allotment

2 Mar 2022

Refund

3 Mar 2022

Demat Credit

4 Mar 2022

Listing

7 Mar 2022

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

Ekennis Software Service GMP Today

Last updated: 19 Oct 2026

Current Premium

₹00.0%

Issue Price (Upper)

₹72

Band: ₹72

Estimated Listing Price

₹72

Upper price + GMP

Lot Size

1600 shares

Min investment ₹1,15,200

Estimated Profit / Lot

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	—	0.0%	₹72
30 Oct 2026	—	0.0%	₹72
29 Oct 2026	—	0.0%	₹72

About Ekennis Software Service Public Issue & Market Profile

Ekennis Software Service is bringing an initial public offering (IPO) in the Information Technology sector with an aggregate issue size of ₹2.88 Crores. The shares are offered at a price band of ₹72 to ₹72 per equity share on BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.

Public Issue & Pricing Context:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1600 shares (approx. ₹1,15,200 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 Skyline Financial Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2022-03-04, while un-allotted funds or UPI block mandates will be released on 2022-03-03.

Frequently Asked Questions

What is Ekennis Software Service IPO GMP today?

The latest grey market premium for Ekennis Software Service IPO is ₹0, which indicates an expected listing price of ₹72.

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.