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 Envirotech Systems Limited IPO?

Based on the upper price band of ₹56 and current GMP of ₹47, the estimated listing price is ₹103 (approx. 83.9% gain).

What is the expected profit per lot for Envirotech Systems Limited IPO?

With a lot size of 2000 shares and current GMP of ₹47, expected profit per retail application lot is approximately ₹94,000.

IPO GreyPremiumLIVE

Grey Market Intelligence

Envirotech Systems Limited

ListedSME

Capital Goods / Industrial Engineering · NSE

Envirotech Systems Limited, established in 2007, specializes in noise measurement and control solutions for industries like oil and gas, manufacturing, and power generation. It offers products such as Noise Test Booths, Acoustic Enclosures, and Noise Barriers, benefiting from its early entry into the acoustic insulation sector and the extensive experience of its promoters. With a strong focus on research, certified products, and strategic partnerships, the company ensures innovative and reliable solutions. Backed by a team of over 98 employees, Envirotech has built a solid market presence across India.

Price Band

₹53 – ₹56

Issue Size

₹30.24 Cr

Lot Size

2000 shares

GMP

₹47

+83.9%

Est. Listing

₹103

at current GMP

Subscribed

91.88x

overall

Open

13 Sep 2024

19 Sep 2024

Allotment

20 Sep 2024

Refund

21 Sep 2024

Demat Credit

22 Sep 2024

Listing

24 Sep 2024

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

Envirotech Systems Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹47+83.9%

Issue Price (Upper)

₹56

Band: ₹53 – ₹56

Estimated Listing Price

₹103

Upper price + GMP

Lot Size

2000 shares

Min investment ₹1,12,000

Estimated Profit / Lot

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹47	83.9%	₹103
30 Oct 2026	+₹47	83.9%	₹103
29 Oct 2026	+₹42	75.5%	₹98

About Envirotech Systems Limited Public Issue & Market Profile

Envirotech Systems Limited is bringing an initial public offering (IPO) in the Capital Goods / Industrial Engineering sector with an aggregate issue size of ₹30.24 Crores. The shares are offered at a price band of ₹53 to ₹56 per equity share on NSE. 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 2000 shares (approx. ₹1,12,000 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 Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-09-22, while un-allotted funds or UPI block mandates will be released on 2024-09-21.

Frequently Asked Questions

What is Envirotech Systems Limited IPO GMP today?

The latest grey market premium for Envirotech Systems Limited IPO is ₹47, which indicates an expected listing price of ₹103.

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.