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 Petro Carbon and Chemicals Limited IPO?

Based on the upper price band of ₹171 and current GMP of ₹90, the estimated listing price is ₹261 (approx. 52.6% gain).

What is the expected profit per lot for Petro Carbon and Chemicals Limited IPO?

With a lot size of 800 shares and current GMP of ₹90, expected profit per retail application lot is approximately ₹72,000.

IPO GreyPremiumLIVE

Grey Market Intelligence

Petro Carbon and Chemicals Limited

ListedSME

Chemicals · NSE

Petro Carbon and Chemicals Limited, a part of the ATHA Group and established in 2007, specializes in producing calcined petroleum coke (CPC) from raw petroleum coke (RPC) for the aluminum, steel, and other carbon-based industries. Its production facility in Purba Medinipur, West Bengal, spans approximately 30 acres with an annual production capacity of around 93,744 tons of CPC. The company employs around 74 staff members across production, maintenance, marketing, sales, administration, and corporate services, supplemented by approximately 290 contract workers to support its operations.

Price Band

₹162 – ₹171

Issue Size

₹113 Cr

Lot Size

800 shares

GMP

₹90

+52.6%

Est. Listing

₹261

at current GMP

Subscribed

92.11x

overall

Open

25 Jun 2024

27 Jun 2024

Allotment

28 Jun 2024

Refund

29 Jun 2024

Demat Credit

30 Jun 2024

Listing

2 Jul 2024

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

Petro Carbon and Chemicals Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹90+52.6%

Issue Price (Upper)

₹171

Band: ₹162 – ₹171

Estimated Listing Price

₹261

Upper price + GMP

Lot Size

800 shares

Min investment ₹1,36,800

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹90	52.6%	₹261
30 Oct 2026	+₹90	52.6%	₹261
29 Oct 2026	+₹81	47.4%	₹252

About Petro Carbon and Chemicals Limited Public Issue & Market Profile

Petro Carbon and Chemicals Limited is bringing an initial public offering (IPO) in the Chemicals sector with an aggregate issue size of ₹113.16 Crores. The shares are offered at a price band of ₹162 to ₹171 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 2024-06-27, the basis of allotment is scheduled to be finalized on 2024-06-28. 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 (Bigshare Services Private Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is Petro Carbon and Chemicals Limited IPO GMP today?

The latest grey market premium for Petro Carbon and Chemicals Limited IPO is ₹90, which indicates an expected listing price of ₹261.

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.