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 Jonjua Overseas Limited IPO?

Based on the upper price band of ₹10 and current GMP of ₹0, the estimated listing price is ₹10 (approx. 0.0% gain).

What is the expected profit per lot for Jonjua Overseas Limited IPO?

With a lot size of 10000 shares and current GMP of ₹0, expected profit per retail application lot is approximately ₹0.

IPO GreyPremiumLIVE

Grey Market Intelligence

Jonjua Overseas Limited

ListedSME

Services · BSE

Incorporated in 1993, Punjab-based Jonjua Overseas Limited provides IT-enabled services to global clients, specializing in startup consultancy, outsourcing services (including import-export consultancy, international project finance, IPO, legal and accounts outsourcing), and digital solutions such as website and software development, cross-border marketing, brand building, and business planning. The company has achieved notable milestones, including being selected as a loan originator under a private sector alliance to support SMEs expanding into emerging markets by the Overseas Private Investment Corporation (OPIC), obtaining EDN/ATA funding approval for Accelerators Africa Limited in Ghana, and signing an MOU with Mehr Chand Mahajan DAV College for Women, Chandigarh, to bridge the gap between education and industry.

Price Band

₹10

Issue Size

₹1.00 Cr

Lot Size

10000 shares

GMP

—

Est. Listing

₹10

at current GMP

Subscribed

—

Open

12 Feb 2019

15 Feb 2019

Allotment

21 Feb 2019

Refund

22 Feb 2019

Demat Credit

23 Feb 2019

Listing

25 Feb 2019

Last updated 10 months ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

Jonjua Overseas Limited GMP Today

Last updated: 30 Dec 2025

Current Premium

₹00.0%

Issue Price (Upper)

₹10

Band: ₹10

Estimated Listing Price

₹10

Upper price + GMP

Lot Size

10000 shares

Min investment ₹1,00,000

Estimated Profit / Lot

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	—	0.0%	₹10
30 Oct 2026	—	0.0%	₹10
29 Oct 2026	—	0.0%	₹10

About Jonjua Overseas Limited Public Issue & Market Profile

Jonjua Overseas Limited is bringing an initial public offering (IPO) in the Services sector with an aggregate issue size of ₹1 Crores. The shares are offered at a price band of ₹10 to ₹10 per equity share on BSE. 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 10000 shares (approx. ₹1,00,000 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 Satellite Corporate Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2019-02-23, while un-allotted funds or UPI block mandates will be released on 2019-02-22.

Frequently Asked Questions

What is Jonjua Overseas Limited IPO GMP today?

The latest grey market premium for Jonjua Overseas Limited IPO is ₹0, which indicates an expected listing price of ₹10.

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.