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 Laxmi Goldorna House Limited IPO?

Based on the upper price band of ₹15 and current GMP of ₹0, the estimated listing price is ₹15 (approx. 0.0% gain).

What is the expected profit per lot for Laxmi Goldorna House Limited IPO?

With a lot size of 8000 shares and current GMP of ₹0, expected profit per retail application lot is approximately ₹0.

IPO GreyPremiumLIVE

Grey Market Intelligence

Laxmi Goldorna House Limited

ListedSME

Consumer Durables / Consumer Cyclicals · NSE

Laxmi Goldorna House Ltd, established in 2010, is engaged in the wholesale and retail trading of gold jewellery and ornaments and later diversified into real estate development in 2017, undertaking residential and commercial projects. The company’s registered office is situated at Manek Chowk, Ahmedabad, and it offers a variety of gold and other jewellery designs suited to regional customer preferences, while outsourcing jewellery design and manufacturing to third-party vendors. At present, the company is developing a real estate project named Laxmi Eternia, designed by the Bend Group, which is strategically located near Ahmedabad Airport, Ahmedabad Railway Station, and the Baroda Expressway, and comprises 723 three-bedroom apartments and 52 shops along with amenities such as basement parking, gym, theatre, sports courts, play areas, party spaces, and a society office.

Price Band

₹15

Issue Size

₹8.28 Cr

Lot Size

8000 shares

GMP

—

Est. Listing

₹15

at current GMP

Subscribed

—

Open

20 Mar 2020

3 Apr 2020

Allotment

9 Apr 2020

Refund

10 Apr 2020

Demat Credit

11 Apr 2020

Listing

13 Apr 2020

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

Laxmi Goldorna House Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹00.0%

Issue Price (Upper)

₹15

Band: ₹15

Estimated Listing Price

₹15

Upper price + GMP

Lot Size

8000 shares

Min investment ₹1,20,000

Estimated Profit / Lot

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	—	0.0%	₹15
30 Oct 2026	—	0.0%	₹15
29 Oct 2026	—	0.0%	₹15

About Laxmi Goldorna House Limited Public Issue & Market Profile

Laxmi Goldorna House Limited is bringing an initial public offering (IPO) in the Consumer Durables / Consumer Cyclicals sector with an aggregate issue size of ₹8.28 Crores. The shares are offered at a price band of ₹15 to ₹15 per equity share on NSE. 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 8000 shares (approx. ₹1,20,000 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 2020-04-11, while un-allotted funds or UPI block mandates will be released on 2020-04-10.

Frequently Asked Questions

What is Laxmi Goldorna House Limited IPO GMP today?

The latest grey market premium for Laxmi Goldorna House Limited IPO is ₹0, which indicates an expected listing price of ₹15.

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.