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 MTAR Technologies Limited IPO?

Based on the upper price band of ₹575 and current GMP of ₹580, the estimated listing price is ₹1155 (approx. 100.9% gain).

What is the expected profit per lot for MTAR Technologies Limited IPO?

With a lot size of 26 shares and current GMP of ₹580, expected profit per retail application lot is approximately ₹15,080.

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Grey Market Intelligence

MTAR Technologies Limited

ListedMainboard

Industrials & Technology · NSE / BSE

Incorporated in 1999, MTAR Technologies is a leading Indian precision engineering company that manufactures mission-critical precision components and assemblies through precision machining, assembly, specialized fabrication, testing, and quality control, with a diverse product portfolio including liquid propulsion engines for GSLV Mark III, base shroud assemblies and airframes for Agni programs, actuators for LCA, fuel cell power units, and other complex components for the nuclear, defense, and space sectors, serving clients like ISRO, NPCIL, DRDO, Bloom Energy, Rafael, and Elbit, and operating seven state-of-the-art manufacturing facilities in Hyderabad, Telangana

Price Band

₹574 – ₹575

Issue Size

₹596 Cr

Lot Size

26 shares

GMP

₹580

+100.9%

Est. Listing

₹1155

at current GMP

Subscribed

—

Open

3 Mar 2021

5 Mar 2021

Allotment

10 Mar 2021

Refund

11 Mar 2021

Demat Credit

12 Mar 2021

Listing

15 Mar 2021

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

MTAR Technologies Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹580+100.9%

Issue Price (Upper)

₹575

Band: ₹574 – ₹575

Estimated Listing Price

₹1155

Upper price + GMP

Lot Size

26 shares

Min investment ₹14,950

Estimated Profit / Lot

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹580	100.9%	₹1155
30 Oct 2026	+₹580	100.9%	₹1155
29 Oct 2026	+₹522	90.8%	₹1097

About MTAR Technologies Limited Public Issue & Market Profile

MTAR Technologies Limited is bringing an initial public offering (IPO) in the Industrials & Technology sector with an aggregate issue size of ₹596 Crores. The shares are offered at a price band of ₹574 to ₹575 per equity share on NSE and 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 2021-03-05, the basis of allotment is scheduled to be finalized on 2021-03-10. 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 (Kfin Technologies Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is MTAR Technologies Limited IPO GMP today?

The latest grey market premium for MTAR Technologies Limited IPO is ₹580, which indicates an expected listing price of ₹1155.

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.