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 PRO FX Tech Limited IPO?

Based on the upper price band of ₹87 and current GMP of ₹13, the estimated listing price is ₹100 (approx. 14.9% gain).

What is the expected profit per lot for PRO FX Tech Limited IPO?

With a lot size of 1600 shares and current GMP of ₹13, expected profit per retail application lot is approximately ₹20,800.

IPO GreyPremiumLIVE

Grey Market Intelligence

PRO FX Tech Limited

ListedSME

Information Technology · NSE

Established in 2006, the company is primarily engaged in the distribution and customization of premium audio-visual (AV) products and solutions. Its product portfolio includes a wide range of AV hardware such as amplifiers, processors, turntables, audio streamers, speakers, subwoofers, soundbars, and cables. The company also offers tailored solutions for home theaters, automation systems, multi-room audio setups, and corporate AV requirements. It serves as an official distributor for renowned global brands like Denon, Polk, and JBL, providing access to cutting-edge technology and international quality standards. The company has built a strong market presence with a retail footprint consisting of seven showrooms and two experience centers spread across six cities—Mumbai, Bangalore, Chennai, Coimbatore, Mysore, and Ernakulam. As of August 2024, the company employs a team of 104 professionals, including 49 individuals in sales and marketing and 43 technical support specialists

Price Band

₹82 – ₹87

Issue Size

₹40.29 Cr

Lot Size

1600 shares

GMP

₹13

+14.9%

Est. Listing

₹100

at current GMP

Subscribed

23.65x

overall

Open

26 Jun 2025

30 Jun 2025

Allotment

1 Jul 2025

Refund

2 Jul 2025

Demat Credit

3 Jul 2025

Listing

3 Jul 2025

Last updated 11 months ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

PRO FX Tech Limited GMP Today

Last updated: 24 Nov 2025

Current Premium

₹13+14.9%

Issue Price (Upper)

₹87

Band: ₹82 – ₹87

Estimated Listing Price

₹100

Upper price + GMP

Lot Size

1600 shares

Min investment ₹1,39,200

Estimated Profit / Lot

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹13	14.9%	₹100
30 Oct 2026	+₹13	14.9%	₹100
29 Oct 2026	+₹12	13.4%	₹99

About PRO FX Tech Limited Public Issue & Market Profile

PRO FX Tech Limited is bringing an initial public offering (IPO) in the Information Technology sector with an aggregate issue size of ₹40.29 Crores. The shares are offered at a price band of ₹82 to ₹87 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.

Public Issue & Pricing Context:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1600 shares (approx. ₹1,39,200 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 2025-07-03, while un-allotted funds or UPI block mandates will be released on 2025-07-02.

Frequently Asked Questions

What is PRO FX Tech Limited IPO GMP today?

The latest grey market premium for PRO FX Tech Limited IPO is ₹13, which indicates an expected listing price of ₹100.

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.