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 Esconet Technologies Limited IPO?

Based on the upper price band of ₹84 and current GMP of ₹100, the estimated listing price is ₹184 (approx. 119.0% gain).

What is the expected profit per lot for Esconet Technologies Limited IPO?

With a lot size of 1600 shares and current GMP of ₹100, expected profit per retail application lot is approximately ₹1,60,000.

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Grey Market Intelligence

Esconet Technologies Limited

ListedSME

Emerging SME Services · NSE

Esconet Technologies Limited specializes in high-end supercomputing solutions and data center services, offering advanced storage, network security, virtualization, and data protection. Its product portfolio includes servers, graphics workstations, data storage solutions, network security tools, backup and disaster recovery solutions, and high-availability databases. The company also provides IT services such as hardware installation, infrastructure management, private cloud setup, data migration, and expert consulting. Through its subsidiary ZeaCloud Services, Esconet offers cloud-based solutions, including disaster recovery, managed cloud services, and Desktop-as-a-Service (DaaS). The company serves prestigious clients such as the Ministry of Defence, National Informatics Centre (MeitY), Indian Institutes of Technology (IITs), Bharat Electronics, ONGC, and Engineers India Limited. As of November 30, 2023, Esconet had over 47 employees.

Price Band

₹80 – ₹84

Issue Size

₹28.22 Cr

Lot Size

1600 shares

GMP

₹100

+119.0%

Est. Listing

₹184

at current GMP

Subscribed

507.32x

overall

Open

16 Feb 2024

20 Feb 2024

Allotment

21 Feb 2024

Refund

22 Feb 2024

Demat Credit

23 Feb 2024

Listing

23 Feb 2024

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

Esconet Technologies Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹100+119.0%

Issue Price (Upper)

₹84

Band: ₹80 – ₹84

Estimated Listing Price

₹184

Upper price + GMP

Lot Size

1600 shares

Min investment ₹1,34,400

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹100	119.0%	₹184
30 Oct 2026	+₹100	119.0%	₹184
29 Oct 2026	+₹90	107.1%	₹174

About Esconet Technologies Limited Public Issue & Market Profile

Esconet Technologies Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹28.22 Crores. The shares are offered at a price band of ₹80 to ₹84 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. ₹1,34,400 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 2024-02-23, while un-allotted funds or UPI block mandates will be released on 2024-02-22.

Frequently Asked Questions

What is Esconet Technologies Limited IPO GMP today?

The latest grey market premium for Esconet Technologies Limited IPO is ₹100, which indicates an expected listing price of ₹184.

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.