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 Insolation Energy Limited IPO?

Based on the upper price band of ₹38 and current GMP of ₹38, the estimated listing price is ₹76 (approx. 100.0% gain).

What is the expected profit per lot for Insolation Energy Limited IPO?

With a lot size of 3000 shares and current GMP of ₹38, expected profit per retail application lot is approximately ₹1,14,000.

IPO GreyPremiumLIVE

Grey Market Intelligence

Insolation Energy Limited

ListedSME

Energy / Renewable Energy · BSE

Incorporated in 2015, Insolation Energy Ltd is engaged in the manufacturing of high-efficiency solar panels and modules, operating a 200 MW SPV module manufacturing unit in Jaipur spread over 60,000 sq. ft with advanced machinery. The company’s business includes solar PV module manufacturing and trading of Solar Power Conditioning Units (PCUs) and tall tubular lead-acid batteries, which store energy generated from solar panels. Additionally, Insolation Energy provides integrated solar energy solutions through engineering, procurement, and construction (EPC) services, and has established a geographically diversified presence in India via a network of over 30 distributors.

Price Band

₹38

Issue Size

₹22.16 Cr

Lot Size

3000 shares

GMP

₹38

+100.0%

Est. Listing

₹76

at current GMP

Subscribed

192.79x

overall

Open

26 Sep 2022

29 Sep 2022

Allotment

4 Oct 2022

Refund

5 Oct 2022

Demat Credit

6 Oct 2022

Listing

10 Oct 2022

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

Insolation Energy Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹38+100.0%

Issue Price (Upper)

₹38

Band: ₹38

Estimated Listing Price

₹76

Upper price + GMP

Lot Size

3000 shares

Min investment ₹1,14,000

Estimated Profit / Lot

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹38	100.0%	₹76
30 Oct 2026	+₹38	100.0%	₹76
29 Oct 2026	+₹34	90.0%	₹72

About Insolation Energy Limited Public Issue & Market Profile

Insolation Energy Limited is bringing an initial public offering (IPO) in the Energy / Renewable Energy sector with an aggregate issue size of ₹22.16 Crores. The shares are offered at a price band of ₹38 to ₹38 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 3000 shares (approx. ₹1,14,000 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 Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2022-10-06, while un-allotted funds or UPI block mandates will be released on 2022-10-05.

Frequently Asked Questions

What is Insolation Energy Limited IPO GMP today?

The latest grey market premium for Insolation Energy Limited IPO is ₹38, which indicates an expected listing price of ₹76.

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.