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 Pavna Industries Limited IPO?

Based on the upper price band of ₹165 and current GMP of ₹0, the estimated listing price is ₹165 (approx. 0.0% gain).

What is the expected profit per lot for Pavna Industries Limited IPO?

With a lot size of 800 shares and current GMP of ₹0, expected profit per retail application lot is approximately ₹0.

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Grey Market Intelligence

Pavna Industries Limited

ListedSME

Industrials / Automotive · NSE

Incorporated in 1994, Pavna Industries manufactures a wide range of automotive components and solutions for OEMs and the aftermarket, serving passenger vehicles, 2-wheelers, 3-wheelers, commercial vehicles, and off-road vehicles. Its product portfolio includes ignition switches, latches, fuel tank caps, auto locks, handles, switches, carburetors, oil pumps, throttle bodies, casting components, filters, bearings, wiper blades, clutch plates, and brake shoes. The company operates three ISO- and IATF-certified manufacturing plants in Aligarh, Aurangabad, and Pantnagar.

Price Band

₹165

Issue Size

₹30.00 Cr

Lot Size

800 shares

GMP

—

Est. Listing

₹165

at current GMP

Subscribed

—

Open

24 Feb 2021

1 Mar 2021

Allotment

4 Mar 2021

Refund

5 Mar 2021

Demat Credit

6 Mar 2021

Listing

9 Mar 2021

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

Pavna Industries Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹00.0%

Issue Price (Upper)

₹165

Band: ₹165

Estimated Listing Price

₹165

Upper price + GMP

Lot Size

800 shares

Min investment ₹1,32,000

Estimated Profit / Lot

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	—	0.0%	₹165
30 Oct 2026	—	0.0%	₹165
29 Oct 2026	—	0.0%	₹165

About Pavna Industries Limited Public Issue & Market Profile

Pavna Industries Limited is bringing an initial public offering (IPO) in the Industrials / Automotive sector with an aggregate issue size of ₹30 Crores. The shares are offered at a price band of ₹165 to ₹165 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.

Public Issue & Pricing Context:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 800 shares (approx. ₹1,32,000 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 Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2021-03-06, while un-allotted funds or UPI block mandates will be released on 2021-03-05.

Frequently Asked Questions

What is Pavna Industries Limited IPO GMP today?

The latest grey market premium for Pavna Industries Limited IPO is ₹0, which indicates an expected listing price of ₹165.

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.

Pavna Industries Limited

Pavna Industries Limited GMP Today

Pavna Industries Limited GMP Historical Trend

GMP History

Estimated Listing Price

About Pavna Industries Limited Public Issue & Market Profile

Frequently Asked Questions

What is Pavna Industries Limited IPO GMP today?

What does Kostak Rate and Sauda mean in IPO GMP?

Is Grey Market Premium officially recognized?