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 Times Green Energy (India) Limited IPO?

Based on the upper price band of ₹61 and current GMP of ₹0, the estimated listing price is ₹61 (approx. 0.0% gain).

What is the expected profit per lot for Times Green Energy (India) Limited IPO?

With a lot size of 2000 shares and current GMP of ₹0, expected profit per retail application lot is approximately ₹0.

IPO GreyPremiumLIVE

Grey Market Intelligence

Times Green Energy (India) Limited

ListedSME

Energy & Renewables · BSE

Incorporated in 2010, Times Green Energy (India) Limited is engaged in the farming and sale of agricultural produce along with trading of natural organic products, bio-products, and pesticides. The company operates through two business segments—Agro-Business, which focuses on the distribution of agro products and agrochemicals including organic bio-products, and Women Hygiene and Safety, which involves the distribution of sanitary napkins. In September 2020, the company launched its mobile application “Bharatbazaar (Kisaan to Kitchen)” to offer over 1,000 products such as cooking essentials, dairy products, branded food items, and sanitary napkins, primarily catering to customers in and around Hyderabad.

Price Band

₹61

Issue Size

₹4.00 Cr

Lot Size

2000 shares

GMP

—

Est. Listing

₹61

at current GMP

Subscribed

—

Open

16 Jun 2021

22 Jun 2021

Allotment

25 Jun 2021

Refund

26 Jun 2021

Demat Credit

27 Jun 2021

Listing

30 Jun 2021

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

Times Green Energy (India) Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹00.0%

Issue Price (Upper)

₹61

Band: ₹61

Estimated Listing Price

₹61

Upper price + GMP

Lot Size

2000 shares

Min investment ₹1,22,000

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	—	0.0%	₹61
30 Oct 2026	—	0.0%	₹61
29 Oct 2026	—	0.0%	₹61

About Times Green Energy (India) Limited Public Issue & Market Profile

Times Green Energy (India) Limited is bringing an initial public offering (IPO) in the Energy & Renewables sector with an aggregate issue size of ₹4 Crores. The shares are offered at a price band of ₹61 to ₹61 per equity share on BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.

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 2021-06-22, the basis of allotment is scheduled to be finalized on 2021-06-25. 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 (Bigshare Services Private Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is Times Green Energy (India) Limited IPO GMP today?

The latest grey market premium for Times Green Energy (India) Limited IPO is ₹0, which indicates an expected listing price of ₹61.

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.