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 Vijaya Diagnostic Centre Limited IPO?

Based on the upper price band of ₹531 and current GMP of ₹-10, the estimated listing price is ₹521 (approx. -1.9% gain).

What is the expected profit per lot for Vijaya Diagnostic Centre Limited IPO?

With a lot size of 28 shares and current GMP of ₹-10, expected profit per retail application lot is approximately ₹-280.

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Grey Market Intelligence

Vijaya Diagnostic Centre Limited

ListedMainboard

Healthcare · NSE / BSE

Established in 1981, Vijaya Diagnostic Centre is a leading diagnostic chain in Southern India, offering comprehensive pathology and radiology services with around 740 routine tests, 870 specialized pathology tests, 220 basic radiology tests, and 320 advanced radiology tests, along with customized health and wellness packages. The company operates 80 diagnostic centers and 11 reference laboratories across 13 cities in Telangana, Andhra Pradesh, the National Capital Region, and Kolkata, with 96.2% of revenue coming from Hyderabad and nearby regions. In the year ended March 31, 2021, Vijaya Diagnostic Centre conducted approximately 6.20 million pathology tests and 0.89 million radiology tests for about 2.63 million customers, and all its laboratories hold NABL accreditation, with three centers also holding NABH accreditation.

Price Band

₹522 – ₹531

Issue Size

₹1894 Cr

Lot Size

28 shares

GMP

₹10

-1.9%

Est. Listing

₹521

at current GMP

Subscribed

—

Open

1 Sep 2021

3 Sep 2021

Allotment

8 Sep 2021

Refund

9 Sep 2021

Demat Credit

10 Sep 2021

Listing

14 Sep 2021

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

Vijaya Diagnostic Centre Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹-10-1.9%

Issue Price (Upper)

₹531

Band: ₹522 – ₹531

Estimated Listing Price

₹521

Upper price + GMP

Lot Size

28 shares

Min investment ₹14,868

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	-₹10	-1.9%	₹521
30 Oct 2026	-₹10	-1.9%	₹521
29 Oct 2026	—	-1.7%	₹522

About Vijaya Diagnostic Centre Limited Public Issue & Market Profile

Vijaya Diagnostic Centre Limited is bringing an initial public offering (IPO) in the Healthcare sector with an aggregate issue size of ₹1,894 Crores. The shares are offered at a price band of ₹522 to ₹531 per equity share on NSE and 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 2021-09-03, the basis of allotment is scheduled to be finalized on 2021-09-08. 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 (Kfin Technologies Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is Vijaya Diagnostic Centre Limited IPO GMP today?

The latest grey market premium for Vijaya Diagnostic Centre Limited IPO is ₹-10, which indicates an expected listing price of ₹521.

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.