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 Vinsys IT Services Limited IPO?

Based on the upper price band of ₹128 and current GMP of ₹60, the estimated listing price is ₹188 (approx. 46.9% gain).

What is the expected profit per lot for Vinsys IT Services Limited IPO?

With a lot size of 1000 shares and current GMP of ₹60, expected profit per retail application lot is approximately ₹60,000.

IPO GreyPremiumLIVE

Grey Market Intelligence

Vinsys IT Services Limited

ListedSME

Information Technology & Software Services · NSE

Incorporated in 2008, Vinsys IT Services India Limited, part of the Vinsys Group, provides IT skill development, training, certification, and consulting services. Operating across India and with a global presence in the USA and Middle East, the company offers training and certification, IT development services, digital learning, project management, and technology training. An ISO 9001:2015 certified organization, Vinsys IT partners with leading global entities such as AWS, Microsoft, Oracle, Cisco, IBM, and CompTIA to deliver corporate training and workforce development solutions.

Price Band

₹121 – ₹128

Issue Size

₹49.84 Cr

Lot Size

1000 shares

GMP

₹60

+46.9%

Est. Listing

₹188

at current GMP

Subscribed

88.99x

overall

Open

1 Aug 2023

4 Aug 2023

Allotment

9 Aug 2023

Refund

10 Aug 2023

Demat Credit

11 Aug 2023

Listing

14 Aug 2023

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

Vinsys IT Services Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹60+46.9%

Issue Price (Upper)

₹128

Band: ₹121 – ₹128

Estimated Listing Price

₹188

Upper price + GMP

Lot Size

1000 shares

Min investment ₹1,28,000

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹60	46.9%	₹188
30 Oct 2026	+₹60	46.9%	₹188
29 Oct 2026	+₹54	42.2%	₹182

About Vinsys IT Services Limited Public Issue & Market Profile

Vinsys IT Services Limited is bringing an initial public offering (IPO) in the Information Technology & Software Services sector with an aggregate issue size of ₹49.84 Crores. The shares are offered at a price band of ₹121 to ₹128 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 2023-08-04, the basis of allotment is scheduled to be finalized on 2023-08-09. 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 Vinsys IT Services Limited IPO GMP today?

The latest grey market premium for Vinsys IT Services Limited IPO is ₹60, which indicates an expected listing price of ₹188.

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.