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 Khazanchi Jewellers Limited IPO?

Based on the upper price band of ₹140 and current GMP of ₹5, the estimated listing price is ₹145 (approx. 3.6% gain).

What is the expected profit per lot for Khazanchi Jewellers Limited IPO?

With a lot size of 1000 shares and current GMP of ₹5, expected profit per retail application lot is approximately ₹5,000.

IPO GreyPremiumLIVE

Grey Market Intelligence

Khazanchi Jewellers Limited

ListedSME

Retail & Consumer Goods · BSE

Incorporated in 1996, Khazanchi Jewellers Limited is a well-known player in the Indian jewellery market with a strong presence in both wholesale and retail. The company offers a wide range of jewellery products including gold, diamond, precious stone jewellery, and also deals in bullion like coins and bars. With over three decades of experience, it currently operates one showroom at NSC Bose Road, Sowcarpet, Chennai and plans to expand by opening more showrooms in the same city using the funds raised through the IPO. The company has shown consistent growth and positive financial performance, with PAT of Rs. 230.71 lakhs in FY2020, Rs. 275.58 lakhs in FY2021, and Rs. 326.62 lakhs in FY2022.

Price Band

₹140

Issue Size

₹97.00 Cr

Lot Size

1000 shares

GMP

₹5

+3.6%

Est. Listing

₹145

at current GMP

Subscribed

1.26x

overall

Open

24 Jul 2023

28 Jul 2023

Allotment

3 Aug 2023

Refund

4 Aug 2023

Demat Credit

5 Aug 2023

Listing

7 Aug 2023

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

Khazanchi Jewellers Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹5+3.6%

Issue Price (Upper)

₹140

Band: ₹140

Estimated Listing Price

₹145

Upper price + GMP

Lot Size

1000 shares

Min investment ₹1,40,000

Estimated Profit / Lot

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹5	3.6%	₹145
30 Oct 2026	+₹5	3.6%	₹145
29 Oct 2026	+₹5	3.2%	₹145

About Khazanchi Jewellers Limited Public Issue & Market Profile

Khazanchi Jewellers Limited is bringing an initial public offering (IPO) in the Retail & Consumer Goods sector with an aggregate issue size of ₹97 Crores. The shares are offered at a price band of ₹140 to ₹140 per equity share on BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.

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 2023-07-28, the basis of allotment is scheduled to be finalized on 2023-08-03. 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 (Cameo Corporate Services Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is Khazanchi Jewellers Limited IPO GMP today?

The latest grey market premium for Khazanchi Jewellers Limited IPO is ₹5, which indicates an expected listing price of ₹145.

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.