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 Richa Info Systems Limited IPO?

Based on the upper price band of ₹125 and current GMP of ₹0, the estimated listing price is ₹125 (approx. 0.0% gain).

What is the expected profit per lot for Richa Info Systems Limited IPO?

With a lot size of 1000 shares and current GMP of ₹0, expected profit per retail application lot is approximately ₹0.

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Grey Market Intelligence

Richa Info Systems Limited

ListedSME

Information Technology · NSE

Richa Info Systems, incorporated in 2010, specializes in assembling and integrating innovative products and systems, offering solutions such as Interactive Flat Panels, Interactive Boards, Digital Podiums, Digital Kiosks, and CCTV Cameras. The company imports raw materials from China and assembles semi-finished products in-house, with an 80:20 ratio of in-house assembling to outsourcing. Operating manually without its own plant or machinery, Richa Info Systems customizes and installs software as per client requirements, serving primarily in the product assembly and service industry.

Price Band

₹125

Issue Size

₹10.00 Cr

Lot Size

1000 shares

GMP

—

Est. Listing

₹125

at current GMP

Subscribed

—

Open

9 Feb 2022

11 Feb 2022

Allotment

16 Feb 2022

Refund

17 Feb 2022

Demat Credit

18 Feb 2022

Listing

21 Feb 2022

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

Richa Info Systems Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹00.0%

Issue Price (Upper)

₹125

Band: ₹125

Estimated Listing Price

₹125

Upper price + GMP

Lot Size

1000 shares

Min investment ₹1,25,000

Estimated Profit / Lot

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	—	0.0%	₹125
30 Oct 2026	—	0.0%	₹125
29 Oct 2026	—	0.0%	₹125

About Richa Info Systems Limited Public Issue & Market Profile

Richa Info Systems Limited is bringing an initial public offering (IPO) in the Information Technology sector with an aggregate issue size of ₹10 Crores. The shares are offered at a price band of ₹125 to ₹125 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 1000 shares (approx. ₹1,25,000 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 Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2022-02-18, while un-allotted funds or UPI block mandates will be released on 2022-02-17.

Frequently Asked Questions

What is Richa Info Systems Limited IPO GMP today?

The latest grey market premium for Richa Info Systems Limited IPO is ₹0, which indicates an expected listing price of ₹125.

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.

Richa Info Systems Limited

Richa Info Systems Limited GMP Today

Richa Info Systems Limited GMP Historical Trend

GMP History

Estimated Listing Price

About Richa Info Systems Limited Public Issue & Market Profile

Frequently Asked Questions

What is Richa Info Systems Limited IPO GMP today?

What does Kostak Rate and Sauda mean in IPO GMP?

Is Grey Market Premium officially recognized?