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 INOX India Limited IPO?

Based on the upper price band of ₹660 and current GMP of ₹350, the estimated listing price is ₹1010 (approx. 53.0% gain).

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

With a lot size of 22 shares and current GMP of ₹350, expected profit per retail application lot is approximately ₹7,700.

IPO GreyPremiumLIVE

Grey Market Intelligence

INOX India Limited

ListedMainboard

Industrial & Financial Services · NSE / BSE

Incorporated in December 1976, Inox India Limited is a leading supplier of cryogenic equipment, offering complete solutions from design and engineering to manufacturing, installation and turnkey project delivery. The company supplies cryogenic tanks, beverage kegs and customized solutions for industries like industrial gases, LNG, green hydrogen, steel, healthcare, aviation, energy, pharma, chemicals and construction. It serves well-known clients worldwide and has supplied products to 66 countries including the USA, Australia, UAE, Brazil and Korea. The company has manufacturing facilities in Kalol, Kandla SEZ and Silvassa. As of September 2023, its order book stands at ₹10,366.09 million.

Price Band

₹627 – ₹660

Issue Size

₹1459 Cr

Lot Size

22 shares

GMP

₹350

+53.0%

Est. Listing

₹1010

at current GMP

Subscribed

61.27x

overall

Open

14 Dec 2023

18 Dec 2023

Allotment

19 Dec 2023

Refund

20 Dec 2023

Demat Credit

21 Dec 2023

Listing

21 Dec 2023

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

INOX India Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹350+53.0%

Issue Price (Upper)

₹660

Band: ₹627 – ₹660

Estimated Listing Price

₹1010

Upper price + GMP

Lot Size

22 shares

Min investment ₹14,520

Estimated Profit / Lot

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹350	53.0%	₹1010
30 Oct 2026	+₹350	53.0%	₹1010
29 Oct 2026	+₹315	47.7%	₹975

About INOX India Limited Public Issue & Market Profile

INOX India Limited is bringing an initial public offering (IPO) in the Industrial & Financial Services sector with an aggregate issue size of ₹1,459.32 Crores. The shares are offered at a price band of ₹627 to ₹660 per equity share on NSE and BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.

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 2023-12-18, the basis of allotment is scheduled to be finalized on 2023-12-19. 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 (Kfin Technologies Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is INOX India Limited IPO GMP today?

The latest grey market premium for INOX India Limited IPO is ₹350, which indicates an expected listing price of ₹1010.

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.