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 Vital Chemtech Limited IPO?

Based on the upper price band of ₹101 and current GMP of ₹80, the estimated listing price is ₹181 (approx. 79.2% gain).

What is the expected profit per lot for Vital Chemtech Limited IPO?

With a lot size of 1200 shares and current GMP of ₹80, expected profit per retail application lot is approximately ₹96,000.

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Grey Market Intelligence

Vital Chemtech Limited

ListedSME

Chemicals · NSE

Vital Chemtech Limited, incorporated in 2013, specializes in manufacturing phosphorus derivative products, ensuring high-quality standards while adhering to strict environmental, health, and safety (EHS) regulations. The company operates manufacturing facilities across three sites in the GIDC area of Dahej, within the PCPIR region, and one site in Sanand, Ahmedabad. Their product portfolio includes Phosphorus Trichloride (PCl3), Phosphorus Oxychloride (POCl3), Phosphorus Pentachloride (PCl5), Phosphorus Pentoxide (P2O5), Poly Phosphoric Acid (PPA), and Phosphorus Pentasulfide (P2S5). These products cater to industries such as life sciences, crop care, specialty chemicals, textile auxiliaries, dyes, pigments, and plastic additives.

Price Band

₹101

Issue Size

₹64.64 Cr

Lot Size

1200 shares

GMP

₹80

+79.2%

Est. Listing

₹181

at current GMP

Subscribed

79.33x

overall

Open

31 Oct 2022

3 Nov 2022

Allotment

10 Nov 2022

Refund

11 Nov 2022

Demat Credit

12 Nov 2022

Listing

14 Nov 2022

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

Vital Chemtech Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹80+79.2%

Issue Price (Upper)

₹101

Band: ₹101

Estimated Listing Price

₹181

Upper price + GMP

Lot Size

1200 shares

Min investment ₹1,21,200

Estimated Profit / Lot

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹80	79.2%	₹181
30 Oct 2026	+₹80	79.2%	₹181
29 Oct 2026	+₹72	71.3%	₹173

About Vital Chemtech Limited Public Issue & Market Profile

Vital Chemtech Limited is bringing an initial public offering (IPO) in the Chemicals sector with an aggregate issue size of ₹64.64 Crores. The shares are offered at a price band of ₹101 to ₹101 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.

Public Issue & Pricing Context:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1200 shares (approx. ₹1,21,200 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 Skyline Financial Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2022-11-12, while un-allotted funds or UPI block mandates will be released on 2022-11-11.

Frequently Asked Questions

What is Vital Chemtech Limited IPO GMP today?

The latest grey market premium for Vital Chemtech Limited IPO is ₹80, which indicates an expected listing price of ₹181.

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.