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 Gabriel Pet Straps Limited IPO?

Based on the upper price band of ₹101 and current GMP of ₹50, the estimated listing price is ₹151 (approx. 49.5% gain).

What is the expected profit per lot for Gabriel Pet Straps Limited IPO?

With a lot size of 1200 shares and current GMP of ₹50, expected profit per retail application lot is approximately ₹60,000.

IPO GreyPremiumLIVE

Grey Market Intelligence

Gabriel Pet Straps Limited

ListedSME

Emerging SME Services · BSE

Gabriel Pet Straps Limited, founded in 2020, manufactures and sells PET straps under the Gabriel brand, offering customized packaging solutions in various sizes, colors, and even printed options for industries such as cotton bales, fibers, packaging, paper, and waste cloth. The company’s manufacturing unit in Rajkot, Gujarat produces PET straps ranging from 9 mm to 32 mm in width and 0.70 mm to 1.30 mm in thickness. With a distribution network spread across 10 states, it serves customers throughout India, and as of October 31, 2023, the company employed a team of 26 people, including factory and office staff.

Price Band

₹101

Issue Size

₹8.06 Cr

Lot Size

1200 shares

GMP

₹50

+49.5%

Est. Listing

₹151

at current GMP

Subscribed

246.26x

overall

Open

31 Jan 2024

2 Feb 2024

Allotment

5 Feb 2024

Refund

6 Feb 2024

Demat Credit

7 Feb 2024

Listing

7 Feb 2024

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

Gabriel Pet Straps Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹50+49.5%

Issue Price (Upper)

₹101

Band: ₹101

Estimated Listing Price

₹151

Upper price + GMP

Lot Size

1200 shares

Min investment ₹1,21,200

Estimated Profit / Lot

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹50	49.5%	₹151
30 Oct 2026	+₹50	49.5%	₹151
29 Oct 2026	+₹45	44.5%	₹146

About Gabriel Pet Straps Limited Public Issue & Market Profile

Gabriel Pet Straps Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹8.06 Crores. The shares are offered at a price band of ₹101 to ₹101 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 1200 shares (approx. ₹1,21,200 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 Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-02-07, while un-allotted funds or UPI block mandates will be released on 2024-02-06.

Frequently Asked Questions

What is Gabriel Pet Straps Limited IPO GMP today?

The latest grey market premium for Gabriel Pet Straps Limited IPO is ₹50, which indicates an expected listing price of ₹151.

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.