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 One MobiKwik Systems Limited IPO?

Based on the upper price band of ₹279 and current GMP of ₹160, the estimated listing price is ₹439 (approx. 57.4% gain).

What is the expected profit per lot for One MobiKwik Systems Limited IPO?

With a lot size of 53 shares and current GMP of ₹160, expected profit per retail application lot is approximately ₹8,480.

IPO GreyPremiumLIVE

Grey Market Intelligence

One MobiKwik Systems Limited

ListedMainboard

Industrial & Financial Services · NSE / BSE

Incorporated in 2009, MobiKwik is a leading fintech company offering prepaid digital wallets and online payment services. It enables 161.03 million users and 4.26 million merchants (as of June 30, 2024) to perform a variety of transactions, including utility bill payments, merchant purchases, money transfers, and QR-based payments via UPI and RuPay credit cards. MobiKwik's innovative products include MobiKwik ZIP (buy now, pay later), ZIP EMI for consumers, and Merchant Cash Advance for businesses, leveraging digital public infrastructure like Aadhaar and Digi-Locker. Its solutions, such as online checkout, Kwik QR payments, soundbox-enabled payment confirmations, EDC machines, and flexible credit products, enhance digital payment experiences. Supported by 226 tech employees and a robust IP portfolio of 19 trademarks (with 11 pending), MobiKwik is a pioneer in seamless, tech-driven payment solutions.

Price Band

₹265 – ₹279

Issue Size

₹572 Cr

Lot Size

53 shares

GMP

₹160

+57.4%

Est. Listing

₹439

at current GMP

Subscribed

119.59x

overall

Open

11 Dec 2024

13 Dec 2024

Allotment

16 Dec 2024

Refund

17 Dec 2024

Demat Credit

18 Dec 2024

Listing

18 Dec 2024

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

One MobiKwik Systems Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹160+57.4%

Issue Price (Upper)

₹279

Band: ₹265 – ₹279

Estimated Listing Price

₹439

Upper price + GMP

Lot Size

53 shares

Min investment ₹14,787

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹160	57.4%	₹439
30 Oct 2026	+₹160	57.4%	₹439
29 Oct 2026	+₹144	51.6%	₹423

About One MobiKwik Systems Limited Public Issue & Market Profile

One MobiKwik Systems Limited is bringing an initial public offering (IPO) in the Industrial & Financial Services sector with an aggregate issue size of ₹572 Crores. The shares are offered at a price band of ₹265 to ₹279 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 2024-12-13, the basis of allotment is scheduled to be finalized on 2024-12-16. 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 (Link Intime India Private Ltd) or the BSE allotment checking window.

Frequently Asked Questions

What is One MobiKwik Systems Limited IPO GMP today?

The latest grey market premium for One MobiKwik Systems Limited IPO is ₹160, which indicates an expected listing price of ₹439.

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.