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 Sona BLW Precision Forgings Limited IPO?

Based on the upper price band of ₹291 and current GMP of ₹3, the estimated listing price is ₹294 (approx. 1.0% gain).

What is the expected profit per lot for Sona BLW Precision Forgings Limited IPO?

With a lot size of 51 shares and current GMP of ₹3, expected profit per retail application lot is approximately ₹153.

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Grey Market Intelligence

Sona BLW Precision Forgings Limited

ListedMainboard

Industrials / Automotive · NSE / BSE

Incorporated in 1995, Sona BLW Precision Forgings Limited is a leading automotive technology company in India that designs, manufactures, and supplies critical auto components such as differential assemblies, gears, and starter motors. According to a CRISIL report, the company is among the top 10 auto-component manufacturers, and in 2020, it ranked among the top global players in the differential bevel gear segment and was one of India’s largest exporters of starter motors. Sona Comstar serves customers across India, the US, Europe, and China, and operates nine manufacturing and assembly facilities located in India, the USA, China, and Mexico.

Price Band

₹285 – ₹291

Issue Size

₹5550 Cr

Lot Size

51 shares

GMP

₹3

+1.0%

Est. Listing

₹294

at current GMP

Subscribed

—

Open

14 Jun 2021

16 Jun 2021

Allotment

21 Jun 2021

Refund

22 Jun 2021

Demat Credit

23 Jun 2021

Listing

24 Jun 2021

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

Sona BLW Precision Forgings Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹3+1.0%

Issue Price (Upper)

₹291

Band: ₹285 – ₹291

Estimated Listing Price

₹294

Upper price + GMP

Lot Size

51 shares

Min investment ₹14,841

Date	GMP (₹)	GMP %	Est. Listing
24 Dec 2025	+₹3	1.0%	₹294

About Sona BLW Precision Forgings Limited Public Issue & Market Profile

Sona BLW Precision Forgings Limited is bringing an initial public offering (IPO) in the Industrials / Automotive sector with an aggregate issue size of ₹5,550 Crores. The shares are offered at a price band of ₹285 to ₹291 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 51 shares (approx. ₹14,841 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 Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2021-06-23, while un-allotted funds or UPI block mandates will be released on 2021-06-22.

Frequently Asked Questions

What is Sona BLW Precision Forgings Limited IPO GMP today?

The latest grey market premium for Sona BLW Precision Forgings Limited IPO is ₹3, which indicates an expected listing price of ₹294.

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.