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 Innomet Advanced Materials Limited IPO?

Based on the upper price band of ₹100 and current GMP of ₹95, the estimated listing price is ₹195 (approx. 95.0% gain).

What is the expected profit per lot for Innomet Advanced Materials Limited IPO?

With a lot size of 1200 shares and current GMP of ₹95, expected profit per retail application lot is approximately ₹1,14,000.

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Grey Market Intelligence

Innomet Advanced Materials Limited

ListedSME

Capital Goods / Industrial Materials · NSE

Innomet Advanced Materials Limited, established in 1984, is a leading manufacturer of metal powders and tungsten heavy alloys, operating through its two key divisions—Innomet Powders and Innotung. The Innomet Powders division produces a wide range of metal powders including copper, bronze, brass, nickel, tin, and stainless steel, offering custom formulations to meet diverse industrial requirements, while the Innotung division manufactures high-density tungsten heavy alloys used in high-performance applications. With ISO 9001:2015 certification, the company ensures strong quality management across its ferrous and non-ferrous powder products and tungsten alloy components. Innomet serves customers globally across India, the US, UK, Germany, Japan and other regions, and employed 56 people as of March 31, 2024.

Price Band

₹100

Issue Size

₹34.24 Cr

Lot Size

1200 shares

GMP

₹95

+95.0%

Est. Listing

₹195

at current GMP

Subscribed

297.45x

overall

Open

11 Sep 2024

13 Sep 2024

Allotment

16 Sep 2024

Refund

17 Sep 2024

Demat Credit

18 Sep 2024

Listing

18 Sep 2024

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

Innomet Advanced Materials Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹95+95.0%

Issue Price (Upper)

₹100

Band: ₹100

Estimated Listing Price

₹195

Upper price + GMP

Lot Size

1200 shares

Min investment ₹1,20,000

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹95	95.0%	₹195
30 Oct 2026	+₹95	95.0%	₹195
29 Oct 2026	+₹86	85.5%	₹186

About Innomet Advanced Materials Limited Public Issue & Market Profile

Innomet Advanced Materials Limited is bringing an initial public offering (IPO) in the Capital Goods / Industrial Materials sector with an aggregate issue size of ₹34.24 Crores. The shares are offered at a price band of ₹100 to ₹100 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 1200 shares (approx. ₹1,20,000 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 Skyline Financial Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-09-18, while un-allotted funds or UPI block mandates will be released on 2024-09-17.

Frequently Asked Questions

What is Innomet Advanced Materials Limited IPO GMP today?

The latest grey market premium for Innomet Advanced Materials Limited IPO is ₹95, which indicates an expected listing price of ₹195.

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.