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 Kalyani Cast Tech Limited IPO?

Based on the upper price band of ₹139 and current GMP of ₹95, the estimated listing price is ₹234 (approx. 68.3% gain).

What is the expected profit per lot for Kalyani Cast Tech Limited IPO?

With a lot size of 1000 shares and current GMP of ₹95, expected profit per retail application lot is approximately ₹95,000.

IPO GreyPremiumLIVE

Grey Market Intelligence

Kalyani Cast Tech Limited

ListedSME

Emerging SME Services · BSE

Incorporated in 2012, Kalyani Cast Tech Ltd is engaged in the casting business with in-house machining facilities and manufactures products like bearing housings for electrical locos, MG coupler components, adapters for WDG4 loco, CI brake blocks, and more. The company also specializes in manufacturing cargo containers, including ISO containers (20', 25', 40', 42') along with customised containers for parcel cargo, two and three-wheelers, dwarf, and cuboid containers. Kalyani Cast Tech serves a wide range of industries and clients, including Indian Railways, mining, cement, chemical, fertilizer, and power plant sectors.

Price Band

₹137 – ₹139

Issue Size

₹30.11 Cr

Lot Size

1000 shares

GMP

₹95

+68.3%

Est. Listing

₹234

at current GMP

Subscribed

208.88x

overall

Open

8 Nov 2023

10 Nov 2023

Allotment

13 Nov 2023

Refund

14 Nov 2023

Demat Credit

15 Nov 2023

Listing

17 Nov 2023

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

Kalyani Cast Tech Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹95+68.3%

Issue Price (Upper)

₹139

Band: ₹137 – ₹139

Estimated Listing Price

₹234

Upper price + GMP

Lot Size

1000 shares

Min investment ₹1,39,000

Estimated Profit / Lot

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹95	68.3%	₹234
30 Oct 2026	+₹95	68.3%	₹234
29 Oct 2026	+₹86	61.5%	₹225

About Kalyani Cast Tech Limited Public Issue & Market Profile

Kalyani Cast Tech Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹30.11 Crores. The shares are offered at a price band of ₹137 to ₹139 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 1000 shares (approx. ₹1,39,000 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 2023-11-15, while un-allotted funds or UPI block mandates will be released on 2023-11-14.

Frequently Asked Questions

What is Kalyani Cast Tech Limited IPO GMP today?

The latest grey market premium for Kalyani Cast Tech Limited IPO is ₹95, which indicates an expected listing price of ₹234.

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.