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 Sudeep Pharma Limited IPO?

Based on the upper price band of ₹593 and current GMP of ₹94, the estimated listing price is ₹687 (approx. 15.8% gain).

What is the expected profit per lot for Sudeep Pharma Limited IPO?

With a lot size of 25 shares and current GMP of ₹94, expected profit per retail application lot is approximately ₹2,350.

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Grey Market Intelligence

Sudeep Pharma Limited

ListedMainboard

Health Care · NSE / BSE

Sudeep Pharma Limited, incorporated in 1989, is a global manufacturer of pharmaceutical excipients, food-grade minerals, and specialty nutrition ingredients, supplying over 200 products to customers in more than 100 countries. The company operates six manufacturing facilities with a total capacity of 50,000 MT, producing key minerals such as calcium, iron, magnesium, zinc, potassium, and sodium. With strong in-house R&D and pilot-scale labs, the company focuses on developing high-quality mineral salts and excipients across its pharmaceutical, food and nutrition, specialty ingredients, and triturates product segments. As of December 31, 2024, it employed 704 permanent staff.

Price Band

₹563 – ₹593

Issue Size

₹895 Cr

Lot Size

25 shares

GMP

₹94

+15.8%

Est. Listing

₹687

at current GMP

Subscribed

93.72x

overall

Open

21 Nov 2025

25 Nov 2025

Allotment

26 Nov 2025

Refund

27 Nov 2025

Demat Credit

28 Nov 2025

Listing

28 Nov 2025

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

Sudeep Pharma Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹94+15.8%

Issue Price (Upper)

₹593

Band: ₹563 – ₹593

Estimated Listing Price

₹687

Upper price + GMP

Lot Size

25 shares

Min investment ₹14,825

Estimated Profit / Lot

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹94	15.8%	₹687
30 Oct 2026	+₹94	15.8%	₹687
29 Oct 2026	+₹85	14.3%	₹678

About Sudeep Pharma Limited Public Issue & Market Profile

Sudeep Pharma Limited is bringing an initial public offering (IPO) in the Health Care sector with an aggregate issue size of ₹895 Crores. The shares are offered at a price band of ₹563 to ₹593 per equity share on NSE and 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 2025-11-25, the basis of allotment is scheduled to be finalized on 2025-11-26. 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 Sudeep Pharma Limited IPO GMP today?

The latest grey market premium for Sudeep Pharma Limited IPO is ₹94, which indicates an expected listing price of ₹687.

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.