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 Shiv Texchem Limited IPO?

Based on the upper price band of ₹166 and current GMP of ₹65, the estimated listing price is ₹231 (approx. 39.2% gain).

What is the expected profit per lot for Shiv Texchem Limited IPO?

With a lot size of 800 shares and current GMP of ₹65, expected profit per retail application lot is approximately ₹52,000.

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Grey Market Intelligence

Shiv Texchem Limited

ListedSME

Emerging SME Services · BSE

Shiv Texchem Limited, founded in 2005, is a trusted importer and distributor of essential chemicals used in various industries. The company supplies key raw materials like Acetyls, Alcohol, Aromatics, and more, catering to sectors such as paints, coatings, printing inks, agrochemicals, pharmaceuticals, and specialty polymers. It sources chemicals from global suppliers across China, Taiwan, South Korea, the USA, and Europe, ensuring smooth and timely delivery to Indian manufacturers. Some of its well-known customers include Apcotex Industries, Hemani Industries, and Gujarat Fluorochemicals. Over the past three years, Shiv Texchem has grown significantly, expanding its product range from 21 to 39 and its customer base from 400 to over 650. As of March 31, 2024, the company has a dedicated team of 50 permanent employees

Price Band

₹158 – ₹166

Issue Size

₹101 Cr

Lot Size

800 shares

GMP

₹65

+39.2%

Est. Listing

₹231

at current GMP

Subscribed

156.63x

overall

Open

8 Oct 2024

10 Oct 2024

Allotment

11 Oct 2024

Refund

12 Oct 2024

Demat Credit

13 Oct 2024

Listing

15 Oct 2024

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

Shiv Texchem Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹65+39.2%

Issue Price (Upper)

₹166

Band: ₹158 – ₹166

Estimated Listing Price

₹231

Upper price + GMP

Lot Size

800 shares

Min investment ₹1,32,800

Estimated Profit / Lot

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹65	39.2%	₹231
30 Oct 2026	+₹65	39.2%	₹231
29 Oct 2026	+₹59	35.2%	₹225

About Shiv Texchem Limited Public Issue & Market Profile

Shiv Texchem Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹101.35 Crores. The shares are offered at a price band of ₹158 to ₹166 per equity share on BSE. 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 2024-10-10, the basis of allotment is scheduled to be finalized on 2024-10-11. 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 (Link Intime India Private Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is Shiv Texchem Limited IPO GMP today?

The latest grey market premium for Shiv Texchem Limited IPO is ₹65, which indicates an expected listing price of ₹231.

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.