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 HP Telecom India Limited IPO?

Based on the upper price band of ₹108 and current GMP of ₹0, the estimated listing price is ₹108 (approx. 0.0% gain).

What is the expected profit per lot for HP Telecom India Limited IPO?

With a lot size of 1200 shares and current GMP of ₹0, expected profit per retail application lot is approximately ₹0.

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Grey Market Intelligence

HP Telecom India Limited

ListedSME

Telecommunications · NSE

HP Telecom India Limited, founded in March 2011, began as a distributor of mobile phones and accessories and later expanded by securing exclusive rights for Sony LED TVs, mobiles, and other electronics in Gujarat during FY 2014–15. Over time, it diversified into LCD/LED home theatres, air conditioners, and various appliances, eventually becoming the exclusive distributor of Apple products—including iPhones, iPads, Macs, and Apple Watches—across Madhya Pradesh, Chhattisgarh, select cities in Uttar Pradesh, and major urban centres in Gujarat. As of September 30, 2024, the company employed 7 permanent and 84 contractual staff members.

Price Band

₹108

Issue Size

₹34.23 Cr

Lot Size

1200 shares

GMP

—

Est. Listing

₹108

at current GMP

Subscribed

1.96x

overall

Open

20 Feb 2025

24 Feb 2025

Allotment

25 Feb 2025

Refund

26 Feb 2025

Demat Credit

27 Feb 2025

Listing

28 Feb 2025

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

HP Telecom India Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹00.0%

Issue Price (Upper)

₹108

Band: ₹108

Estimated Listing Price

₹108

Upper price + GMP

Lot Size

1200 shares

Min investment ₹1,29,600

Estimated Profit / Lot

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	—	0.0%	₹108
30 Oct 2026	—	0.0%	₹108
29 Oct 2026	—	0.0%	₹108

About HP Telecom India Limited Public Issue & Market Profile

HP Telecom India Limited is bringing an initial public offering (IPO) in the Telecommunications sector with an aggregate issue size of ₹34.23 Crores. The shares are offered at a price band of ₹108 to ₹108 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.

Public Issue & Pricing Context:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Basis of Allotment & Listing Timeline:

Following the close of bidding on 2025-02-24, the basis of allotment is scheduled to be finalized on 2025-02-25. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is HP Telecom India Limited IPO GMP today?

The latest grey market premium for HP Telecom India Limited IPO is ₹0, which indicates an expected listing price of ₹108.

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.

HP Telecom India Limited

HP Telecom India Limited GMP Today

HP Telecom India Limited GMP Historical Trend

GMP History

Estimated Listing Price

About HP Telecom India Limited Public Issue & Market Profile

Frequently Asked Questions

What is HP Telecom India Limited IPO GMP today?

What does Kostak Rate and Sauda mean in IPO GMP?

Is Grey Market Premium officially recognized?