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 MOS Utility Limited IPO?

Based on the upper price band of ₹76 and current GMP of ₹7.5, the estimated listing price is ₹83.5 (approx. 9.9% gain).

What is the expected profit per lot for MOS Utility Limited IPO?

With a lot size of 1600 shares and current GMP of ₹7.5, expected profit per retail application lot is approximately ₹12,000.

IPO GreyPremiumLIVE

Grey Market Intelligence

MOS Utility Limited

ListedSME

Utilities · NSE

Incorporated in 2009, MOS Utility Limited offers digital products and services across B2C, B2B, and fintech sectors through an integrated business model. The company enables shopkeepers, retailers, students, housewives, professionals, and insurance agents to start their own online businesses supporting the "Vocal for Local" campaign. MOS Utility operates seven key segments—banking, travel, insurance, utility services, entertainment, franchisee, and others—leveraging a network of over 1,68,018 partners, including agents, distributors, and master distributors, across India via a digital platform.

Price Band

₹72 – ₹76

Issue Size

₹49.97 Cr

Lot Size

1600 shares

GMP

₹7.5

+9.9%

Est. Listing

₹83.5

at current GMP

Subscribed

21.14x

overall

Open

31 Mar 2023

6 Apr 2023

Allotment

12 Apr 2023

Refund

13 Apr 2023

Demat Credit

14 Apr 2023

Listing

18 Apr 2023

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

MOS Utility Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹7.5+9.9%

Issue Price (Upper)

₹76

Band: ₹72 – ₹76

Estimated Listing Price

₹83.5

Upper price + GMP

Lot Size

1600 shares

Min investment ₹1,21,600

Estimated Profit / Lot

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹7.5	9.9%	₹83.5
30 Oct 2026	+₹7.5	9.9%	₹83.5
29 Oct 2026	+₹7	8.9%	₹83

About MOS Utility Limited Public Issue & Market Profile

MOS Utility Limited is bringing an initial public offering (IPO) in the Utilities sector with an aggregate issue size of ₹49.97 Crores. The shares are offered at a price band of ₹72 to ₹76 per equity share on NSE. 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 2023-04-06, the basis of allotment is scheduled to be finalized on 2023-04-12. 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 (Skyline Financial Services Private Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is MOS Utility Limited IPO GMP today?

The latest grey market premium for MOS Utility Limited IPO is ₹7.5, which indicates an expected listing price of ₹83.5.

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.