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 Kore Digital Limited IPO?

Based on the upper price band of ₹285 and current GMP of ₹100, the estimated listing price is ₹385 (approx. 35.1% gain).

What is the expected profit per lot for Kore Digital Limited IPO?

With a lot size of 800 shares and current GMP of ₹100, expected profit per retail application lot is approximately ₹80,000.

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Grey Market Intelligence

Kore Digital Limited

ListedSME

Telecommunications · NSE

Incorporated in 2009, Kore Digital Limited is a telecommunications infrastructure provider offering high-end communication solutions mainly in Maharashtra. The company provides services such as installation and commissioning of Poles, Towers, and Optical Fibre Cable (OFC) systems. Kore Digital holds a DoT-issued Infrastructure Provider (IP-I) License, allowing it to establish and maintain assets like Dark Fibres, duct space, right of way, and towers to lease or sell to telecom operators, broadband players, and ISPs. As of 2023, the company has laid around 450 km of fiber for major telecom networks such as Vodafone Idea, Bharti Airtel, Reliance Jio, and Tata Teleservices across Mumbai, Navi Mumbai, Thane, Bhiwandi, Kalyan, Panvel, and Pune.

Price Band

₹270 – ₹285

Issue Size

₹18.00 Cr

Lot Size

800 shares

GMP

₹100

+35.1%

Est. Listing

₹385

at current GMP

Subscribed

66.29x

overall

Open

6 Jul 2023

8 Jul 2023

Allotment

13 Jul 2023

Refund

14 Jul 2023

Demat Credit

15 Jul 2023

Listing

16 Jul 2023

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

Kore Digital Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹100+35.1%

Issue Price (Upper)

₹285

Band: ₹270 – ₹285

Estimated Listing Price

₹385

Upper price + GMP

Lot Size

800 shares

Min investment ₹2,28,000

Estimated Profit / Lot

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹100	35.1%	₹385
30 Oct 2026	+₹100	35.1%	₹385
29 Oct 2026	+₹90	31.6%	₹375

About Kore Digital Limited Public Issue & Market Profile

Kore Digital Limited is bringing an initial public offering (IPO) in the Telecommunications sector with an aggregate issue size of ₹18 Crores. The shares are offered at a price band of ₹270 to ₹285 per equity share on NSE. 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 800 shares (approx. ₹2,28,000 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 2023-07-15, while un-allotted funds or UPI block mandates will be released on 2023-07-14.

Frequently Asked Questions

What is Kore Digital Limited IPO GMP today?

The latest grey market premium for Kore Digital Limited IPO is ₹100, which indicates an expected listing price of ₹385.

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.