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 WINNY IMMIGRATION & EDUCATION SERVICES LIMITED IPO?

Based on the upper price band of ₹140 and current GMP of ₹77, the estimated listing price is ₹217 (approx. 55.0% gain).

What is the expected profit per lot for WINNY IMMIGRATION & EDUCATION SERVICES LIMITED IPO?

With a lot size of 1000 shares and current GMP of ₹77, expected profit per retail application lot is approximately ₹77,000.

IPO GreyPremiumLIVE

Grey Market Intelligence

WINNY IMMIGRATION & EDUCATION SERVICES LIMITED

ListedSME

Services / Travel & Hospitality · NSE

Winny Immigration and Education Services Ltd., commonly known as Winny, is a trusted name in immigration and visa services. With 12 strategically located offices and a team of over 145 dedicated professionals, Winny has successfully guided millions through their immigration journeys. Known for its reliable and personalized approach, the company helps individuals and families seamlessly navigate the process of living, working, traveling, or studying abroad.

Price Band

₹140

Issue Size

₹9.13 Cr

Lot Size

1000 shares

GMP

₹77

+55.0%

Est. Listing

₹217

at current GMP

Subscribed

150.21x

overall

Open

20 Jun 2024

24 Jun 2024

Allotment

25 Jun 2024

Refund

26 Jun 2024

Demat Credit

27 Jun 2024

Listing

27 Jun 2024

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

WINNY IMMIGRATION & EDUCATION SERVICES LIMITED GMP Today

Last updated: 19 Oct 2026

Current Premium

₹77+55.0%

Issue Price (Upper)

₹140

Band: ₹140

Estimated Listing Price

₹217

Upper price + GMP

Lot Size

1000 shares

Min investment ₹1,40,000

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹77	55.0%	₹217
30 Oct 2026	+₹77	55.0%	₹217
29 Oct 2026	+₹69	49.5%	₹209

About WINNY IMMIGRATION & EDUCATION SERVICES LIMITED Public Issue & Market Profile

WINNY IMMIGRATION & EDUCATION SERVICES LIMITED is bringing an initial public offering (IPO) in the Services / Travel & Hospitality sector with an aggregate issue size of ₹9.13 Crores. The shares are offered at a price band of ₹140 to ₹140 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.

Public Issue & Pricing Context:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1000 shares (approx. ₹1,40,000 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 Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-06-27, while un-allotted funds or UPI block mandates will be released on 2024-06-26.

Frequently Asked Questions

What is WINNY IMMIGRATION & EDUCATION SERVICES LIMITED IPO GMP today?

The latest grey market premium for WINNY IMMIGRATION & EDUCATION SERVICES LIMITED IPO is ₹77, which indicates an expected listing price of ₹217.

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.