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 Rajgor Castor Derivatives IPO?

Based on the upper price band of ₹50 and current GMP of ₹5, the estimated listing price is ₹55 (approx. 10.0% gain).

What is the expected profit per lot for Rajgor Castor Derivatives IPO?

With a lot size of 3000 shares and current GMP of ₹5, expected profit per retail application lot is approximately ₹15,000.

IPO GreyPremiumLIVE

Grey Market Intelligence

Rajgor Castor Derivatives

ListedSME

Emerging SME Services · NSE

Incorporated in 2018, Rajgor Castor Derivatives Limited is engaged in the manufacturing of castor-based products catering to the domestic market. The company’s product portfolio includes Refined Castor Oil First Stage Grade (F.S.G.), Castor De-Oiled Cake, and High Protein Castor De-Oiled Cake. These products are used across industries such as pharmaceuticals, cosmetics, lubricants, and animal feed, addressing the needs of a diverse set of customers. The company focuses on quality production processes to ensure that its castor derivatives meet industry standards and serve as reliable inputs for downstream applications.

Price Band

₹47 – ₹50

Issue Size

₹47.81 Cr

Lot Size

3000 shares

GMP

₹5

+10.0%

Est. Listing

₹55

at current GMP

Subscribed

105.34x

overall

Open

17 Oct 2023

20 Oct 2023

Allotment

25 Oct 2023

Refund

26 Oct 2023

Demat Credit

27 Oct 2023

Listing

31 Oct 2023

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

Rajgor Castor Derivatives GMP Today

Last updated: 19 Oct 2026

Current Premium

₹5+10.0%

Issue Price (Upper)

₹50

Band: ₹47 – ₹50

Estimated Listing Price

₹55

Upper price + GMP

Lot Size

3000 shares

Min investment ₹1,50,000

Estimated Profit / Lot

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹5	10.0%	₹55
30 Oct 2026	+₹5	10.0%	₹55
29 Oct 2026	+₹5	9.0%	₹55

About Rajgor Castor Derivatives Public Issue & Market Profile

Rajgor Castor Derivatives is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹47.81 Crores. The shares are offered at a price band of ₹47 to ₹50 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 2023-10-20, the basis of allotment is scheduled to be finalized on 2023-10-25. 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 (Link Intime India Private Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is Rajgor Castor Derivatives IPO GMP today?

The latest grey market premium for Rajgor Castor Derivatives IPO is ₹5, which indicates an expected listing price of ₹55.

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.