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 Enviro Infra Engineers Limited IPO?

Based on the upper price band of ₹148 and current GMP of ₹57, the estimated listing price is ₹205 (approx. 38.5% gain).

What is the expected profit per lot for Enviro Infra Engineers Limited IPO?

With a lot size of 101 shares and current GMP of ₹57, expected profit per retail application lot is approximately ₹5,757.

IPO GreyPremiumLIVE

Grey Market Intelligence

Enviro Infra Engineers Limited

ListedMainboard

Industrials · NSE / BSE

Enviro Infra Engineers Limited, founded in 2009, is engaged in designing, constructing, operating, and maintaining Water and Waste-Water Treatment Plants (WWTPs) and Water Supply Projects (WSSPs) for government agencies across India. The company builds STPs, CETPs, Sewerage Schemes, WTPs, pumping stations, and pipelines, mainly through EPC and HAM tender-based projects floated by state governments and Urban Local Bodies. With an in-house team of 180 engineers, supported by external experts, Enviro Infra Engineers has completed 28 WWTP and WSSP projects in the last seven years, including 22 major projects of 10 MLD or above, as of June 30, 2024.

Price Band

₹140 – ₹148

Issue Size

₹650 Cr

Lot Size

101 shares

GMP

₹57

+38.5%

Est. Listing

₹205

at current GMP

Subscribed

89.90x

overall

Open

22 Nov 2024

26 Nov 2024

Allotment

27 Nov 2024

Refund

28 Nov 2024

Demat Credit

29 Nov 2024

Listing

29 Nov 2024

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

Enviro Infra Engineers Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹57+38.5%

Issue Price (Upper)

₹148

Band: ₹140 – ₹148

Estimated Listing Price

₹205

Upper price + GMP

Lot Size

101 shares

Min investment ₹14,948

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹57	38.5%	₹205
30 Oct 2026	+₹57	38.5%	₹205
29 Oct 2026	+₹51	34.7%	₹199

About Enviro Infra Engineers Limited Public Issue & Market Profile

Enviro Infra Engineers Limited is bringing an initial public offering (IPO) in the Industrials sector with an aggregate issue size of ₹650.43 Crores. The shares are offered at a price band of ₹140 to ₹148 per equity share on NSE and 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 101 shares (approx. ₹14,948 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 2024-11-29, while un-allotted funds or UPI block mandates will be released on 2024-11-28.

Frequently Asked Questions

What is Enviro Infra Engineers Limited IPO GMP today?

The latest grey market premium for Enviro Infra Engineers Limited IPO is ₹57, which indicates an expected listing price of ₹205.

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.