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 Sansera Engineering Limited IPO?

Based on the upper price band of ₹744 and current GMP of ₹60, the estimated listing price is ₹804 (approx. 8.1% gain).

What is the expected profit per lot for Sansera Engineering Limited IPO?

With a lot size of 20 shares and current GMP of ₹60, expected profit per retail application lot is approximately ₹1,200.

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Grey Market Intelligence

Sansera Engineering Limited

ListedMainboard

Industrials / Manufacturing · NSE / BSE

Incorporated in 1981, Sansera manufactures precision-engineered components for both automotive and non-automotive sectors. It supplies forged and machined parts critical for two-wheelers, passenger vehicles, and commercial vehicles, while also catering to aerospace, off-road, agriculture, and other industries. In FY’21, 88.45% of its revenue came from the automotive sector and 11.45% from non-automotive, with around 65% of sales from India and 35% from international markets. Sansera is a major global supplier of connecting rods and operates 15 manufacturing plants across India, including 9 in Bangalore.

Price Band

₹734 – ₹744

Issue Size

₹1283 Cr

Lot Size

20 shares

GMP

₹60

+8.1%

Est. Listing

₹804

at current GMP

Subscribed

—

Open

14 Sep 2021

16 Sep 2021

Allotment

21 Sep 2021

Refund

22 Sep 2021

Demat Credit

23 Sep 2021

Listing

24 Sep 2021

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

Sansera Engineering Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹60+8.1%

Issue Price (Upper)

₹744

Band: ₹734 – ₹744

Estimated Listing Price

₹804

Upper price + GMP

Lot Size

20 shares

Min investment ₹14,880

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹60	8.1%	₹804
30 Oct 2026	+₹60	8.1%	₹804
29 Oct 2026	+₹54	7.3%	₹798

About Sansera Engineering Limited Public Issue & Market Profile

Sansera Engineering Limited is bringing an initial public offering (IPO) in the Industrials / Manufacturing sector with an aggregate issue size of ₹1,283 Crores. The shares are offered at a price band of ₹734 to ₹744 per equity share on NSE and 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 20 shares (approx. ₹14,880 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 2021-09-23, while un-allotted funds or UPI block mandates will be released on 2021-09-22.

Frequently Asked Questions

What is Sansera Engineering Limited IPO GMP today?

The latest grey market premium for Sansera Engineering Limited IPO is ₹60, which indicates an expected listing price of ₹804.

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.