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 Nova Agri Tech Limited IPO?

Based on the upper price band of ₹41 and current GMP of ₹13, the estimated listing price is ₹54 (approx. 31.7% gain).

What is the expected profit per lot for Nova Agri Tech Limited IPO?

With a lot size of 365 shares and current GMP of ₹13, expected profit per retail application lot is approximately ₹4,745.

IPO GreyPremiumLIVE

Grey Market Intelligence

Nova Agri Tech Limited

ListedMainboard

Industrial & Financial Services · NSE / BSE

Nova AgriTech Limited, founded in Hyderabad in May 2007, specializes in manufacturing environmentally friendly and technology-driven agricultural products focused on soil health, plant nutrition, and crop protection. The company develops tailored solutions by collaborating with farmers and offers a diverse product range, including soil health products, crop nutrition, biostimulants, biopesticides, integrated pest management (IPM) products, new technologies, and crop protection products. Its subsidiary, Nova Agri Sciences Private Limited, handles crop protection manufacturing. As of January 31, 2023, the company has secured 629 product registrations across four categories: soil health management (7), plant nutrition (168), biopesticides (4), and crop protection (450). To support farmers, Nova AgriTech has structured its NKSK program, comprising 32 NKSK Coordinators (agriculture graduates), 13 Kisan Mitras, and 253 Kisan Sevaks, ensuring grassroots engagement. Additionally, its 215-member sales team oversees brand sales, distribution channels, and product promotions.

Price Band

₹39 – ₹41

Issue Size

₹144 Cr

Lot Size

365 shares

GMP

₹13

+31.7%

Est. Listing

₹54

at current GMP

Subscribed

113.20x

overall

Open

23 Jan 2024

25 Jan 2024

Allotment

29 Jan 2024

Refund

30 Jan 2024

Demat Credit

31 Jan 2024

Listing

31 Jan 2024

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

Nova Agri Tech Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹13+31.7%

Issue Price (Upper)

₹41

Band: ₹39 – ₹41

Estimated Listing Price

₹54

Upper price + GMP

Lot Size

365 shares

Min investment ₹14,965

Estimated Profit / Lot

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹13	31.7%	₹54
30 Oct 2026	+₹13	31.7%	₹54
29 Oct 2026	+₹12	28.5%	₹53

About Nova Agri Tech Limited Public Issue & Market Profile

Nova Agri Tech Limited is bringing an initial public offering (IPO) in the Industrial & Financial Services sector with an aggregate issue size of ₹143.81 Crores. The shares are offered at a price band of ₹39 to ₹41 per equity share on NSE and BSE. 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 365 shares (approx. ₹14,965 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 Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-01-31, while un-allotted funds or UPI block mandates will be released on 2024-01-30.

Frequently Asked Questions

What is Nova Agri Tech Limited IPO GMP today?

The latest grey market premium for Nova Agri Tech Limited IPO is ₹13, which indicates an expected listing price of ₹54.

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.