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 Upsurge Seeds of Agriculture Limited IPO?

Based on the upper price band of ₹120 and current GMP of ₹18, the estimated listing price is ₹138 (approx. 15.0% gain).

What is the expected profit per lot for Upsurge Seeds of Agriculture Limited IPO?

With a lot size of 1200 shares and current GMP of ₹18, expected profit per retail application lot is approximately ₹21,600.

IPO GreyPremiumLIVE

Grey Market Intelligence

Upsurge Seeds of Agriculture Limited

ListedSME

Agriculture · NSE

Upsurge Seeds of Agriculture Limited (USA) is a seed manufacturing company that grows, processes, and sells field crop and vegetable seeds under the "USA Seeds" brand. Established in 2017, the company operates a modern processing unit in Rajkot, Gujarat, and offers 75+ seed varieties across Gujarat, Maharashtra, and Rajasthan. Its products include groundnut, wheat, cumin, green gram, black gram, onion, coriander, and fenugreek seeds.

Price Band

₹120

Issue Size

₹22.81 Cr

Lot Size

1200 shares

GMP

₹18

+15.0%

Est. Listing

₹138

at current GMP

Subscribed

80.50x

overall

Open

29 Jul 2022

2 Aug 2022

Allotment

8 Aug 2022

Refund

9 Aug 2022

Demat Credit

10 Aug 2022

Listing

11 Aug 2022

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

Upsurge Seeds of Agriculture Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹18+15.0%

Issue Price (Upper)

₹120

Band: ₹120

Estimated Listing Price

₹138

Upper price + GMP

Lot Size

1200 shares

Min investment ₹1,44,000

Upsurge Seeds of Agriculture Limited GMP Historical Trend

GMP History

Grey Market Premium trend

+₹18

▲ 0 today

Updated less than a minute ago

Estimated Listing Price

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹18	15.0%	₹138
30 Oct 2026	+₹18	15.0%	₹138
29 Oct 2026	+₹16	13.5%	₹136

GMP is unofficial market data. Not a guarantee of listing performance.

About Upsurge Seeds of Agriculture Limited Public Issue & Market Profile

Upsurge Seeds of Agriculture Limited is bringing an initial public offering (IPO) in the Agriculture sector with an aggregate issue size of ₹22.81 Crores. The shares are offered at a price band of ₹120 to ₹120 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 2022-08-02, the basis of allotment is scheduled to be finalized on 2022-08-08. 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 Upsurge Seeds of Agriculture Limited IPO GMP today?

The latest grey market premium for Upsurge Seeds of Agriculture Limited IPO is ₹18, which indicates an expected listing price of ₹138.

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.