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 KP Green Engineering Limited IPO?

Based on the upper price band of ₹144 and current GMP of ₹50, the estimated listing price is ₹194 (approx. 34.7% gain).

What is the expected profit per lot for KP Green Engineering Limited IPO?

With a lot size of 1000 shares and current GMP of ₹50, expected profit per retail application lot is approximately ₹50,000.

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Grey Market Intelligence

KP Green Engineering Limited

ListedSME

Emerging SME Services · BSE

KP Green Engineering Limited is a leading player in the engineering and steel structure manufacturing sector, operating a cutting-edge facility spanning over 2+ lakh sq. ft., with an additional unit in Matar, Bharuch set to become fully operational by 2024-25, adding 1.20 lakh sq. mtr of factory space. Equipped with advanced machinery for drilling, welding, laser cutting, plasma operations, high-speed solar machines, W/Thrie beam manufacturing, and a hot-dip galvanizing facility, the company delivers high-quality solutions across transmission, telecom, solar industries, and highway crash barriers. Expanding into infrastructure segments such as bridges, railway structures, and high masts, KP Green Engineering remains committed to supporting India’s renewable energy and infrastructure growth with its strong capacity, technological expertise, and unwavering dedication to excellence.

Price Band

₹137 – ₹144

Issue Size

₹190 Cr

Lot Size

1000 shares

GMP

₹50

+34.7%

Est. Listing

₹194

at current GMP

Subscribed

29.58x

overall

Open

15 Mar 2024

19 Mar 2024

Allotment

20 Mar 2024

Refund

21 Mar 2024

Demat Credit

22 Mar 2024

Listing

22 Mar 2024

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

KP Green Engineering Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹50+34.7%

Issue Price (Upper)

₹144

Band: ₹137 – ₹144

Estimated Listing Price

₹194

Upper price + GMP

Lot Size

1000 shares

Min investment ₹1,44,000

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹50	34.7%	₹194
30 Oct 2026	+₹50	34.7%	₹194
29 Oct 2026	+₹45	31.3%	₹189

About KP Green Engineering Limited Public Issue & Market Profile

KP Green Engineering Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹189.5 Crores. The shares are offered at a price band of ₹137 to ₹144 per equity share on BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.

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 2024-03-19, the basis of allotment is scheduled to be finalized on 2024-03-20. 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 (Bigshare Services Private Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is KP Green Engineering Limited IPO GMP today?

The latest grey market premium for KP Green Engineering Limited IPO is ₹50, which indicates an expected listing price of ₹194.

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.