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 Sadhav Shipping Limited IPO?

Based on the upper price band of ₹95 and current GMP of ₹30, the estimated listing price is ₹125 (approx. 31.6% gain).

What is the expected profit per lot for Sadhav Shipping Limited IPO?

With a lot size of 1200 shares and current GMP of ₹30, expected profit per retail application lot is approximately ₹36,000.

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Grey Market Intelligence

Sadhav Shipping Limited

ListedSME

Emerging SME Services · NSE

Incorporated in 1996, Sadhav Shipping Limited specializes in marine asset operations, offering services in ports, coastal logistics, and other maritime-related sectors. The company owns and operates barges for coastal and inland waterway shipping, manages port crafts, and provides high-speed security boats for patrol services. Sadhav Shipping operates through three key business divisions: Offshore Logistics, supporting oil and gas exploration; Port Services, offering high-speed patrol boats for port security; and Oil Spill Response, providing Tier 1 oil spill response equipment for ports. With a fleet of 24 ships—19 owned and 5 leased—the company plays a vital role in India's maritime trade. As of March 31, 2023, Sadhav Shipping Limited employed 421 personnel, ensuring smooth operations across its various service offerings.

Price Band

₹95

Issue Size

₹38.18 Cr

Lot Size

1200 shares

GMP

₹30

+31.6%

Est. Listing

₹125

at current GMP

Subscribed

125.10x

overall

Open

23 Feb 2024

27 Feb 2024

Allotment

28 Feb 2024

Refund

29 Feb 2024

Demat Credit

1 Mar 2024

Listing

1 Mar 2024

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

Sadhav Shipping Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹30+31.6%

Issue Price (Upper)

₹95

Band: ₹95

Estimated Listing Price

₹125

Upper price + GMP

Lot Size

1200 shares

Min investment ₹1,14,000

Estimated Profit / Lot

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹30	31.6%	₹125
30 Oct 2026	+₹30	31.6%	₹125
29 Oct 2026	+₹27	28.4%	₹122

About Sadhav Shipping Limited Public Issue & Market Profile

Sadhav Shipping Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹38.18 Crores. The shares are offered at a price band of ₹95 to ₹95 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.

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 2024-02-27, the basis of allotment is scheduled to be finalized on 2024-02-28. 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 Sadhav Shipping Limited IPO GMP today?

The latest grey market premium for Sadhav Shipping Limited IPO is ₹30, 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.