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 Interiors and More Limited IPO?

Based on the upper price band of ₹227 and current GMP of ₹36, the estimated listing price is ₹263 (approx. 15.9% gain).

What is the expected profit per lot for Interiors and More Limited IPO?

With a lot size of 600 shares and current GMP of ₹36, expected profit per retail application lot is approximately ₹21,600.

IPO GreyPremiumLIVE

Grey Market Intelligence

Interiors and More Limited

ListedSME

Emerging SME Services · NSE

Interiors & More Limited, incorporated in June 2012, specializes in trading, importing, and selling artificial flowers, plants, and décor items for homes and offices. The company operates two manufacturing units in Gujarat—a 57,000 sq. ft. facility in Umargam and a 7,000 sq. ft. unit in Umbergaon—both equipped with modern production tools, quality control systems, and smooth logistics. Its diverse product range includes artificial flowers like roses, marigolds, and orchids, as well as fountains, battery-operated candles, chandeliers, vases, artificial trees, and furniture. The corporate office in Fort, Mumbai, handles administration, reporting, and factory support. As of December 31, 2023, the company employs 93 permanent staff.

Price Band

₹216 – ₹227

Issue Size

₹42.00 Cr

Lot Size

600 shares

GMP

₹36

+15.9%

Est. Listing

₹263

at current GMP

Subscribed

11.30x

overall

Open

15 Feb 2024

20 Feb 2024

Allotment

21 Feb 2024

Refund

22 Feb 2024

Demat Credit

23 Feb 2024

Listing

23 Feb 2024

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

Interiors and More Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹36+15.9%

Issue Price (Upper)

₹227

Band: ₹216 – ₹227

Estimated Listing Price

₹263

Upper price + GMP

Lot Size

600 shares

Min investment ₹1,36,200

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹36	15.9%	₹263
30 Oct 2026	+₹36	15.9%	₹263
29 Oct 2026	+₹32	14.3%	₹259

About Interiors and More Limited Public Issue & Market Profile

Interiors and More Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹42 Crores. The shares are offered at a price band of ₹216 to ₹227 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 600 shares (approx. ₹1,36,200 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 2024-02-23, while un-allotted funds or UPI block mandates will be released on 2024-02-22.

Frequently Asked Questions

What is Interiors and More Limited IPO GMP today?

The latest grey market premium for Interiors and More Limited IPO is ₹36, which indicates an expected listing price of ₹263.

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.