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 Rajputana Biodiesel Limited IPO?

Based on the upper price band of ₹130 and current GMP of ₹135, the estimated listing price is ₹265 (approx. 103.8% gain).

What is the expected profit per lot for Rajputana Biodiesel Limited IPO?

With a lot size of 1000 shares and current GMP of ₹135, expected profit per retail application lot is approximately ₹1,35,000.

IPO GreyPremiumLIVE

Grey Market Intelligence

Rajputana Biodiesel Limited

ListedSME

Energy · NSE

Founded in 2016, Rajputana Biodiesel Limited is engaged in the production and supply of biofuels and related by-products such as glycerine and fatty acids. The company operates from a 4,000-square-meter facility in Phulera, Rajasthan, with an approved production capacity of 30 kl/pd and an installed capacity of 24 kl/pd. Its product portfolio includes Bio-Diesel, Crude Glycerin, Caustic Potash Flakes, Waste Sludge, Used Cooking Oil, Esterified Fatty Acid, Methanol, Citric Acid, refined oils, and other derivatives, and it also undertakes job work for semi-refining glycerine for third parties. As of July 31, 2024, the company employed 30 permanent workers and continues to contribute to the renewable energy ecosystem with sustainable biofuel solutions.

Price Band

₹123 – ₹130

Issue Size

₹24.70 Cr

Lot Size

1000 shares

GMP

₹135

+103.8%

Est. Listing

₹265

at current GMP

Subscribed

719.01x

overall

Open

26 Nov 2024

28 Nov 2024

Allotment

29 Nov 2024

Refund

30 Nov 2024

Demat Credit

1 Dec 2024

Listing

3 Dec 2024

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

Rajputana Biodiesel Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹135+103.8%

Issue Price (Upper)

₹130

Band: ₹123 – ₹130

Estimated Listing Price

₹265

Upper price + GMP

Lot Size

1000 shares

Min investment ₹1,30,000

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹135	103.8%	₹265
30 Oct 2026	+₹135	103.8%	₹265
29 Oct 2026	+₹122	93.5%	₹252

About Rajputana Biodiesel Limited Public Issue & Market Profile

Rajputana Biodiesel Limited is bringing an initial public offering (IPO) in the Energy sector with an aggregate issue size of ₹24.7 Crores. The shares are offered at a price band of ₹123 to ₹130 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 2024-11-28, the basis of allotment is scheduled to be finalized on 2024-11-29. 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 (Maashitla Securities Private Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is Rajputana Biodiesel Limited IPO GMP today?

The latest grey market premium for Rajputana Biodiesel Limited IPO is ₹135, which indicates an expected listing price of ₹265.

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.