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 Resourceful Automobile Limited IPO?

Based on the upper price band of ₹117 and current GMP of ₹105, the estimated listing price is ₹222 (approx. 89.7% gain).

What is the expected profit per lot for Resourceful Automobile Limited IPO?

With a lot size of 1200 shares and current GMP of ₹105, expected profit per retail application lot is approximately ₹1,26,000.

IPO GreyPremiumLIVE

Grey Market Intelligence

Resourceful Automobile Limited

ListedSME

Automotive & Auto Components · BSE

Sawhney Automobile, a brand under Resourceful Automobile Limited, has been specializing in Yamaha two-wheelers since 2018. The company offers a diverse range of bikes and scooters, including commuter bikes, sports models, cruisers, and scooters, catering to various customer preferences. It operates two modern showrooms in New Delhi—the Blue Square showroom in Dwarka, which showcases Yamaha’s full range of two-wheelers, apparel, and accessories, and the Palam Road showroom, known for its extensive collection of the latest Yamaha models and unique motorcycles. With a dedicated team of 8 permanent employees as of July 31, 2024, Sawhney Automobile is committed to providing top-quality service and an exceptional customer experience. As the company grows, investors are keenly watching for updates on a potential Sawhney Automobile IPO, including details on its IPO GMP (Grey Market Premium)and expected listing performance, making it an exciting prospect in the automobile sector.

Price Band

₹117

Issue Size

₹11.99 Cr

Lot Size

1200 shares

GMP

₹105

+89.7%

Est. Listing

₹222

at current GMP

Subscribed

405.97x

overall

Open

22 Aug 2024

26 Aug 2024

Allotment

27 Aug 2024

Refund

28 Aug 2024

Demat Credit

29 Aug 2024

Listing

29 Aug 2024

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

Resourceful Automobile Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹105+89.7%

Issue Price (Upper)

₹117

Band: ₹117

Estimated Listing Price

₹222

Upper price + GMP

Lot Size

1200 shares

Min investment ₹1,40,400

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹105	89.7%	₹222
30 Oct 2026	+₹105	89.7%	₹222
29 Oct 2026	+₹95	80.8%	₹212

About Resourceful Automobile Limited Public Issue & Market Profile

Resourceful Automobile Limited is bringing an initial public offering (IPO) in the Automotive & Auto Components sector with an aggregate issue size of ₹11.99 Crores. The shares are offered at a price band of ₹117 to ₹117 per equity share on BSE. 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 1200 shares (approx. ₹1,40,400 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 2024-08-29, while un-allotted funds or UPI block mandates will be released on 2024-08-28.

Frequently Asked Questions

What is Resourceful Automobile Limited IPO GMP today?

The latest grey market premium for Resourceful Automobile Limited IPO is ₹105, which indicates an expected listing price of ₹222.

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.