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 Tridhya Tech Limited IPO?

Based on the upper price band of ₹42 and current GMP of ₹6, the estimated listing price is ₹48 (approx. 14.3% gain).

What is the expected profit per lot for Tridhya Tech Limited IPO?

With a lot size of 3000 shares and current GMP of ₹6, expected profit per retail application lot is approximately ₹18,000.

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Grey Market Intelligence

Tridhya Tech Limited

ListedSME

Information Technology · NSE

Tridhya Tech Limited, incorporated in 2018, is a software development and IT consultancy company serving sectors like e-commerce, real estate, transport & logistics, insurance, and more. It provides end-to-end services including e-commerce development, enterprise content management, bespoke web management, mobile and API development, front-end development, graphic design, product support, and maintenance. The company delivers customized software solutions from concept and architecture design to coding, testing, deployment, and ongoing post-deployment support, along with project management and consultation services. In 2022, Tridhya expanded through acquisitions of Concentric IT Services Private Limited, Basilroot Technologies Private Limited, and Vedity Software Private Limited. The company has a strong domestic presence across Maharashtra, Gujarat, Punjab, Telangana, and Karnataka, and serves international clients in Australia, Canada, Estonia, France, Germany, Israel, Italy, Japan, Mauritius, Netherlands, Qatar, Singapore, Switzerland, UAE, UK, and the USA.

Price Band

₹35 – ₹42

Issue Size

₹26.41 Cr

Lot Size

3000 shares

GMP

₹6

+14.3%

Est. Listing

₹48

at current GMP

Subscribed

72.45x

overall

Open

30 Jun 2023

5 Jul 2023

Allotment

10 Jul 2023

Refund

11 Jul 2023

Demat Credit

12 Jul 2023

Listing

13 Jul 2023

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

Tridhya Tech Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹6+14.3%

Issue Price (Upper)

₹42

Band: ₹35 – ₹42

Estimated Listing Price

₹48

Upper price + GMP

Lot Size

3000 shares

Min investment ₹1,26,000

Estimated Profit / Lot

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹6	14.3%	₹48
30 Oct 2026	+₹6	14.3%	₹48
29 Oct 2026	+₹5	12.9%	₹47

About Tridhya Tech Limited Public Issue & Market Profile

Tridhya Tech Limited is bringing an initial public offering (IPO) in the Information Technology sector with an aggregate issue size of ₹26.41 Crores. The shares are offered at a price band of ₹35 to ₹42 per equity share on NSE. 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 2023-07-05, the basis of allotment is scheduled to be finalized on 2023-07-10. 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 Tridhya Tech Limited IPO GMP today?

The latest grey market premium for Tridhya Tech Limited IPO is ₹6, which indicates an expected listing price of ₹48.

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.