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 Presstonic Engineering Limited IPO?

Based on the upper price band of ₹72 and current GMP of ₹72, the estimated listing price is ₹144 (approx. 100.0% gain).

What is the expected profit per lot for Presstonic Engineering Limited IPO?

With a lot size of 1600 shares and current GMP of ₹72, expected profit per retail application lot is approximately ₹1,15,200.

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Grey Market Intelligence

Presstonic Engineering Limited

ListedSME

Emerging SME Services · NSE

Incorporated in June 1996, Presstonic Engineering Limited is a manufacturing company that makes specialised products used in Metro Rail rolling stock, signalling systems, and infrastructure. The company supplies its products to global and Indian OEMs involved in building and servicing trains and metro systems. Its manufacturing facility covers around 28,317 sq.ft. and is equipped with modern machines to produce a variety of components. Presstonic makes products like metro seats, grab poles, handrails, honeycomb panels, emergency ramps, IP-rated enclosures, mounting brackets, steel and aluminium structures, solar panel supports, ladder assemblies, wire forms, and cable trays which are used in railways, metros, and related projects.

Price Band

₹72

Issue Size

₹23.30 Cr

Lot Size

1600 shares

GMP

₹72

+100.0%

Est. Listing

₹144

at current GMP

Subscribed

161.16x

overall

Open

11 Dec 2023

13 Dec 2023

Allotment

14 Dec 2023

Refund

15 Dec 2023

Demat Credit

16 Dec 2023

Listing

18 Dec 2023

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

Presstonic Engineering Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹72+100.0%

Issue Price (Upper)

₹72

Band: ₹72

Estimated Listing Price

₹144

Upper price + GMP

Lot Size

1600 shares

Min investment ₹1,15,200

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹72	100.0%	₹144
30 Oct 2026	+₹72	100.0%	₹144
29 Oct 2026	+₹65	90.0%	₹137

About Presstonic Engineering Limited Public Issue & Market Profile

Presstonic Engineering Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹23.3 Crores. The shares are offered at a price band of ₹72 to ₹72 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 1600 shares (approx. ₹1,15,200 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 Cameo Corporate Services Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-12-16, while un-allotted funds or UPI block mandates will be released on 2023-12-15.

Frequently Asked Questions

What is Presstonic Engineering Limited IPO GMP today?

The latest grey market premium for Presstonic Engineering Limited IPO is ₹72, which indicates an expected listing price of ₹144.

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.