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 QVC Exports Limited IPO?

Based on the upper price band of ₹86 and current GMP of ₹91, the estimated listing price is ₹177 (approx. 105.8% gain).

What is the expected profit per lot for QVC Exports Limited IPO?

With a lot size of 1600 shares and current GMP of ₹91, expected profit per retail application lot is approximately ₹1,45,600.

IPO GreyPremiumLIVE

Grey Market Intelligence

QVC Exports Limited

ListedSME

Trading & Exports · NSE

QVC Exports Limited, established in August 2005, specializes in trading ferroalloys like silico manganese, ferro manganese, ferro chrome, and ferro silicon. The company focuses heavily on exports, generating 82.95% of its revenue from international sales as of March 2024. By January 2024, it had supplied products to countries including Taiwan, Japan, Bangladesh, Vietnam, and the UK. QVC Exports follows high-quality management standards with ISO certifications for quality, environment, and workplace safety. As of August 2024, the company operates with a small but efficient team of 15 employees.

Price Band

₹86

Issue Size

₹24.07 Cr

Lot Size

1600 shares

GMP

₹91

+105.8%

Est. Listing

₹177

at current GMP

Subscribed

508.12x

overall

Open

21 Aug 2024

23 Aug 2024

Allotment

26 Aug 2024

Refund

27 Aug 2024

Demat Credit

28 Aug 2024

Listing

28 Aug 2024

Last updated 12 months ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

QVC Exports Limited GMP Today

Last updated: 20 Nov 2025

Current Premium

₹91+105.8%

Issue Price (Upper)

₹86

Band: ₹86

Estimated Listing Price

₹177

Upper price + GMP

Lot Size

1600 shares

Min investment ₹1,37,600

Estimated Profit / Lot

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹91	105.8%	₹177
30 Oct 2026	+₹91	105.8%	₹177
29 Oct 2026	+₹82	95.2%	₹168

About QVC Exports Limited Public Issue & Market Profile

QVC Exports Limited is bringing an initial public offering (IPO) in the Trading & Exports sector with an aggregate issue size of ₹24.07 Crores. The shares are offered at a price band of ₹86 to ₹86 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. ₹1,37,600 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 2024-08-28, while un-allotted funds or UPI block mandates will be released on 2024-08-27.

Frequently Asked Questions

What is QVC Exports Limited IPO GMP today?

The latest grey market premium for QVC Exports Limited IPO is ₹91, which indicates an expected listing price of ₹177.

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.