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 Vivaa Tradecom Limited IPO?

Based on the upper price band of ₹51 and current GMP of ₹0, the estimated listing price is ₹51 (approx. 0.0% gain).

What is the expected profit per lot for Vivaa Tradecom Limited IPO?

With a lot size of 2000 shares and current GMP of ₹0, expected profit per retail application lot is approximately ₹0.

IPO GreyPremiumLIVE

Grey Market Intelligence

Vivaa Tradecom Limited

ListedSME

Emerging SME Services · BSE

Incorporated in 2010, Vivaa Tradecom Limited is engaged in the manufacturing and trading of clothes and garments, including denim and cotton fabrics, readymade jeans for men and women, and printed cotton fabrics. The company acquired a readymade garments business from Parikh Impex Private Limited in 2013 and operated both manufacturing and trading activities until 2022, when it sold its manufacturing unit to Globe Textiles (India) Ltd and shifted focus entirely to trading. In March 2023, Vivaa expanded into the furniture segment by partnering with Rushil Décor Limited to distribute VIR and Prelam MDF Boards across multiple Indian states. Its clientele includes Lifestyle International Pvt. Ltd., Aditya Birla Fashion and Retail Ltd., Lajja Polyfab Pvt. Ltd., Nandan Denim Limited, Bajaj Impex, and Reliance Retail Limited.

Price Band

₹51

Issue Size

₹7.99 Cr

Lot Size

2000 shares

GMP

—

Est. Listing

₹51

at current GMP

Subscribed

1.77x

overall

Open

27 Sep 2023

4 Oct 2023

Allotment

9 Oct 2023

Refund

10 Oct 2023

Demat Credit

11 Oct 2023

Listing

12 Oct 2023

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

Vivaa Tradecom Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹00.0%

Issue Price (Upper)

₹51

Band: ₹51

Estimated Listing Price

₹51

Upper price + GMP

Lot Size

2000 shares

Min investment ₹1,02,000

Estimated Profit / Lot

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	—	0.0%	₹51
30 Oct 2026	—	0.0%	₹51
29 Oct 2026	—	0.0%	₹51

About Vivaa Tradecom Limited Public Issue & Market Profile

Vivaa Tradecom Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹7.99 Crores. The shares are offered at a price band of ₹51 to ₹51 per equity share on 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 2023-10-04, the basis of allotment is scheduled to be finalized on 2023-10-09. 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 (Bigshare Services Private Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is Vivaa Tradecom Limited IPO GMP today?

The latest grey market premium for Vivaa Tradecom Limited IPO is ₹0, which indicates an expected listing price of ₹51.

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.