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 Koura Fine Diamond Jewelry Limited IPO?

Based on the upper price band of ₹55 and current GMP of ₹60, the estimated listing price is ₹115 (approx. 109.1% gain).

What is the expected profit per lot for Koura Fine Diamond Jewelry Limited IPO?

With a lot size of 2000 shares and current GMP of ₹60, expected profit per retail application lot is approximately ₹1,20,000.

IPO GreyPremiumLIVE

Grey Market Intelligence

Koura Fine Diamond Jewelry Limited

ListedSME

Emerging SME Services · BSE

Koura Fine Diamond Jewelry Limited, established on March 25, 2022, is an emerging player in the jewelry industry, specializing in the manufacturing of diamonds and precious and semiprecious stones, including industrial-grade and synthetic variants. Headquartered at Iscon Emporium, Satellite, Ahmedabad, Gujarat, the company operates primarily from its Ahmedabad unit, ensuring high-quality craftsmanship in its fine diamond jewelry offerings. Despite its recent inception, Koura Fine Diamond Jewelry Limited has swiftly positioned itself as a micro-enterprise in the financial year 2021-22, demonstrating its potential for growth and market expansion. With a commitment to excellence and precision, the company continues to carve a niche in the luxury jewelry sector.

Price Band

₹55

Issue Size

₹5.50 Cr

Lot Size

2000 shares

GMP

₹60

+109.1%

Est. Listing

₹115

at current GMP

Subscribed

733.08x

overall

Open

6 Mar 2024

11 Mar 2024

Allotment

13 Mar 2024

Refund

14 Mar 2024

Demat Credit

15 Mar 2024

Listing

14 Mar 2024

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

Koura Fine Diamond Jewelry Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹60+109.1%

Issue Price (Upper)

₹55

Band: ₹55

Estimated Listing Price

₹115

Upper price + GMP

Lot Size

2000 shares

Min investment ₹1,10,000

Date	GMP (₹)	GMP %	Est. Listing
12 Mar 2025	+₹60	109.1%	₹115
19 Nov 2025	+₹60	109.1%	₹115

About Koura Fine Diamond Jewelry Limited Public Issue & Market Profile

Koura Fine Diamond Jewelry Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹5.5 Crores. The shares are offered at a price band of ₹55 to ₹55 per equity share on BSE. 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 2000 shares (approx. ₹1,10,000 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 Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-03-15, while un-allotted funds or UPI block mandates will be released on 2024-03-14.

Frequently Asked Questions

What is Koura Fine Diamond Jewelry Limited IPO GMP today?

The latest grey market premium for Koura Fine Diamond Jewelry Limited IPO is ₹60, which indicates an expected listing price of ₹115.

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.