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 Parmeshwar Metal Limited IPO?

Based on the upper price band of ₹61 and current GMP of ₹38, the estimated listing price is ₹99 (approx. 62.3% gain).

What is the expected profit per lot for Parmeshwar Metal Limited IPO?

With a lot size of 2000 shares and current GMP of ₹38, expected profit per retail application lot is approximately ₹76,000.

IPO GreyPremiumLIVE

Grey Market Intelligence

Parmeshwar Metal Limited

ListedSME

Manufacturing / Industrial Goods · BSE

Incorporated in August 2016, Parmeshwar Metal Limited specializes in manufacturing copper wire and rods by recycling copper scrap. Operating from its ISO 9001:2015 certified facility in Dehgam, Gujarat, the company produces copper wire rods in sizes of 1.6 mm, 8 mm, and 12.5 mm to meet diverse customer requirements. Its products cater to industries such as power cables, building wires, transformers, automotive, household cables, and enameled wires. As of December 31, 2023, Parmeshwar Metal Limited employed 89 individuals, emphasizing quality production and customer satisfaction.

Price Band

₹57 – ₹61

Issue Size

₹24.74 Cr

Lot Size

2000 shares

GMP

₹38

+62.3%

Est. Listing

₹99

at current GMP

Subscribed

607.14x

overall

Open

2 Jan 2025

6 Jan 2025

Allotment

7 Jan 2025

Refund

8 Jan 2025

Demat Credit

9 Jan 2025

Listing

9 Jan 2025

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

Parmeshwar Metal Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹38+62.3%

Issue Price (Upper)

₹61

Band: ₹57 – ₹61

Estimated Listing Price

₹99

Upper price + GMP

Lot Size

2000 shares

Min investment ₹1,22,000

Estimated Profit / Lot

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹38	62.3%	₹99
30 Oct 2026	+₹38	62.3%	₹99
29 Oct 2026	+₹34	56.1%	₹95

About Parmeshwar Metal Limited Public Issue & Market Profile

Parmeshwar Metal Limited is bringing an initial public offering (IPO) in the Manufacturing / Industrial Goods sector with an aggregate issue size of ₹24.74 Crores. The shares are offered at a price band of ₹57 to ₹61 per equity share on 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 2025-01-06, the basis of allotment is scheduled to be finalized on 2025-01-07. 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 Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is Parmeshwar Metal Limited IPO GMP today?

The latest grey market premium for Parmeshwar Metal Limited IPO is ₹38, which indicates an expected listing price of ₹99.

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.