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 Rite Zone Chemcon India Limited IPO?

Based on the upper price band of ₹75 and current GMP of ₹4, the estimated listing price is ₹79 (approx. 5.3% gain).

What is the expected profit per lot for Rite Zone Chemcon India Limited IPO?

With a lot size of 1600 shares and current GMP of ₹4, expected profit per retail application lot is approximately ₹6,400.

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Grey Market Intelligence

Rite Zone Chemcon India Limited

ListedSME

Emerging SME Services · NSE

Incorporated in 2015, Rite Zone Chemcon India Limited specializes in construction chemicals and concrete products, offering comprehensive solutions for civil construction, infrastructure, and building projects. The company's product range includes **Concrete Admixture, Waterproofing Systems, Concrete Lubricators, Engineering Grouts, Industrial Flooring, Concrete Repairs, Curing Compounds & Mould Release Agents, Surface Treatment, and Tiling & Block Products.** Rite Zone Chemcon India Limited outsources the production of its chemical products to third-party manufacturers and has also partnered with concrete manufacturers in Maharashtra for concrete production.

Price Band

₹75

Issue Size

₹8.96 Cr

Lot Size

1600 shares

GMP

₹4

+5.3%

Est. Listing

₹79

at current GMP

Subscribed

4.73x

overall

Open

31 Oct 2022

2 Nov 2022

Allotment

9 Nov 2022

Refund

10 Nov 2022

Demat Credit

11 Nov 2022

Listing

11 Nov 2022

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

Rite Zone Chemcon India Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹4+5.3%

Issue Price (Upper)

₹75

Band: ₹75

Estimated Listing Price

₹79

Upper price + GMP

Lot Size

1600 shares

Min investment ₹1,20,000

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹4	5.3%	₹79
30 Oct 2026	+₹4	5.3%	₹79
29 Oct 2026	+₹4	4.8%	₹79

About Rite Zone Chemcon India Limited Public Issue & Market Profile

Rite Zone Chemcon India Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹8.96 Crores. The shares are offered at a price band of ₹75 to ₹75 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. ₹1,20,000 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 Skyline Financial Services Private Ltd. Eligible allottees will receive credit of equity shares into their Demat accounts by 2022-11-11, while un-allotted funds or UPI block mandates will be released on 2022-11-10.

Frequently Asked Questions

What is Rite Zone Chemcon India Limited IPO GMP today?

The latest grey market premium for Rite Zone Chemcon India Limited IPO is ₹4, which indicates an expected listing price of ₹79.

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.