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 Unilex Colours and Chemicals Limited IPO?

Based on the upper price band of ₹87 and current GMP of ₹4, the estimated listing price is ₹91 (approx. 4.6% gain).

What is the expected profit per lot for Unilex Colours and Chemicals Limited IPO?

With a lot size of 1600 shares and current GMP of ₹4, expected profit per retail application lot is approximately ₹6,400.

IPO GreyPremiumLIVE

Grey Market Intelligence

Unilex Colours and Chemicals Limited

ListedSME

Chemicals & Specialty Materials · NSE

Incorporated in October 2021, Nexxus Petro Industries Limited is engaged in the trading, manufacturing, and sale of petrochemical products, primarily bitumen and bitumen emulsions used in infrastructure and road construction projects. The company serves government departments and road authorities, and holds BIS and ISO certifications, reflecting its focus on quality and compliance. With three manufacturing units in Kutch (Gujarat), Pali (Rajasthan), and Bhopal (Madhya Pradesh), recent capacity upgrades have improved efficiency and product consistency, leading to stronger customer satisfaction. As of September 2024, Nexxus Petro operates with a lean team of 17 permanent employees.

Price Band

₹82 – ₹87

Issue Size

₹31.32 Cr

Lot Size

1600 shares

GMP

₹4

+4.6%

Est. Listing

₹91

at current GMP

Subscribed

37.55x

overall

Open

25 Sep 2024

27 Sep 2024

Allotment

30 Sep 2024

Refund

1 Oct 2024

Demat Credit

2 Oct 2024

Listing

3 Oct 2024

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

Unilex Colours and Chemicals Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹4+4.6%

Issue Price (Upper)

₹87

Band: ₹82 – ₹87

Estimated Listing Price

₹91

Upper price + GMP

Lot Size

1600 shares

Min investment ₹1,39,200

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹4	4.6%	₹91
30 Oct 2026	+₹4	4.6%	₹91
29 Oct 2026	+₹4	4.1%	₹91

About Unilex Colours and Chemicals Limited Public Issue & Market Profile

Unilex Colours and Chemicals Limited is bringing an initial public offering (IPO) in the Chemicals & Specialty Materials sector with an aggregate issue size of ₹31.32 Crores. The shares are offered at a price band of ₹82 to ₹87 per equity share on NSE. 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 1600 shares (approx. ₹1,39,200 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 Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-10-02, while un-allotted funds or UPI block mandates will be released on 2024-10-01.

Frequently Asked Questions

What is Unilex Colours and Chemicals Limited IPO GMP today?

The latest grey market premium for Unilex Colours and Chemicals Limited IPO is ₹4, which indicates an expected listing price of ₹91.

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.