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 Osel Devices Limited IPO?

Based on the upper price band of ₹160 and current GMP of ₹100, the estimated listing price is ₹260 (approx. 62.5% gain).

What is the expected profit per lot for Osel Devices Limited IPO?

With a lot size of 800 shares and current GMP of ₹100, expected profit per retail application lot is approximately ₹80,000.

IPO GreyPremiumLIVE

Grey Market Intelligence

Osel Devices Limited

ListedSME

Healthcare · NSE

Osel Devices Limited, founded in 2006, specializes in manufacturing LED display systems and hearing aids. Its LED displays are used for advertising, presentations, and command centers, while its hearing aids support individuals with hearing difficulties. Operating from a modern facility in Greater Noida, Osel ensures high production capacity and cost-efficient manufacturing. With a strong management team and a workforce of 68 employees as of March 31, 2024, the company is recognized for its quality products and strong customer relationships.

Price Band

₹155 – ₹160

Issue Size

₹70.66 Cr

Lot Size

800 shares

GMP

₹100

+62.5%

Est. Listing

₹260

at current GMP

Subscribed

194.31x

overall

Open

16 Sep 2024

19 Sep 2024

Allotment

20 Sep 2024

Refund

21 Sep 2024

Demat Credit

22 Sep 2024

Listing

24 Sep 2024

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

Osel Devices Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹100+62.5%

Issue Price (Upper)

₹160

Band: ₹155 – ₹160

Estimated Listing Price

₹260

Upper price + GMP

Lot Size

800 shares

Min investment ₹1,28,000

Estimated Profit / Lot

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹100	62.5%	₹260
30 Oct 2026	+₹100	62.5%	₹260
29 Oct 2026	+₹90	56.3%	₹250

About Osel Devices Limited Public Issue & Market Profile

Osel Devices Limited is bringing an initial public offering (IPO) in the Healthcare sector with an aggregate issue size of ₹70.66 Crores. The shares are offered at a price band of ₹155 to ₹160 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 2024-09-19, the basis of allotment is scheduled to be finalized on 2024-09-20. 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 (Mas Services Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is Osel Devices Limited IPO GMP today?

The latest grey market premium for Osel Devices Limited IPO is ₹100, which indicates an expected listing price of ₹260.

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.