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Best Online Trading Platform in India 2023 for Beginners

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Best Online Share Trading Platform in India 2023, Benefits, Plus points, & Top Performing Trading Platform

Warm regards investors 

Gone are those days when you had to reach the auction place and bid for the shares which were to be meant for issuing to the public. You had to maintain your shares in the form of physical certificates and ensure their price value in the share market from time to time also so that you can trade on them and earn sufficient profits.

Today, our topic of discussion is to share trading platform. Are you inquisitive to learn which online platform is best? Or how do trading platforms work?

Then this post will be of some help!

If you are struggling regarding how to invest in a stock market? then need not to worry, the new era of the 21st century has eradicated all the loopholes and headaches from the previous system and come up with a more transparent and easily accessible platform.

One of the visible advantages of the trading platform is a reduction of the transaction cost and monetary expenses that are associated with traditional brick and mortar brokerage firms.

Now, there is a great trend for online stock trading.

The attributes which you might feel at the previous trading platforms can be seen to you removed from the current innovative platforms.

We are talking about the share trading platforms which are available to you online. You just need an internet connection to acquire every point-to-point detail about the share market.

You can track the following information about the share market-

  • What is the SENSEX or NIFTY index going on in current?
  • What is the value of shares in the current market, for your existing shares in your Demat account?
  • What profits may you gain after selling or purchasing the shares?
  • You can also access the historical performance of your shares of past years. It may be for the past 5 years or 10 years or any number of years.
  • Discount Brokers vs. Full Service Brokers In India

There are many kinds of information that you can grab through the portals.

A trading platform is a desktop-based website portal that can be operated with the facility of a personal computer or laptop or even mobile. These trading platforms provide you the facility of stockbrokers who manages all the investment activities of stocks in the share market on behalf of you.

They avail you a statement regarding how much shares you have purchased, how much you have sold, what is the value of your shares in current time, what decisions you should make for your shares as per the fluctuations of the market etc.

So, the next question comes is how are these trading platforms benefitting you personally?

The obvious answers have already been listed to you at the above paragraph, but along with that there is one more benefit and that is you can access your share details at some clicks of your mouse. You can quickly go through the different tabs in the portal and right there you can obtain as maximum information as you might never be thought for.

Benefits of Online Trading Platforms

Dear investors, you must be pondering are share trading platform good? Please read the given below information

  1. You do not need to give your physical appearance anywhere.
  2. You can do trade i.e. buy and sell shares in the share market by yourself, merely by sitting at your home or anywhere.
  3. You can execute the trading business with some simple clicks on your mouse buttons.
  4. You can gain information about your shares or the market indexes right on your computer screen.

Plus points of Trading Platforms

  1. The trading platform which is availed to you online at your websites is very user-friendly. It means that the portal is designed in such a manner that as soon as you will open the website, you automatically figure out that what you have to do and where to click the buttons.
  2. The portal is highly integrated which means that it has proper icons and caption buttons that guides you well and make you easily understandable. A high-integrated development environment is maintained over there.
  3. The trading platforms provide you with very accurate details about everything which is going in the share market and that too very speedily.
  4. It has low bandwidth. Bandwidth is the speed to execute the results, so you get the results quickly, without any delay.
  5. Best Stock to buy long term

Best Trading Platforms in India

Here, we are going to provide you with a list of desktop-based or web-based trading platforms that are placed at the top 10 positions in India. We have filtered the best share trading platforms according to their performance in the market and the customer reviews and authorized ratings on them. So, here we go-

  1. ICICI Trade Racer
  2. India Infoline (IIFL)
  3. Sharekhan Trade Tiger
  4. Motilal Oswal
  5. Angel Trade
  6. Angel Speed Pro
  7. Zerodha
  8. Flyers
  9. Upstox
  10. HDFC Securities

Let us learn about each of them in the upcoming pages of this article.

Zerodha Kite

The Zerodha Kite is a popular brand of Zerodha broker’s institute. It is a web-based portal. The main attractive thing about this portal is that it offers the users a light, easily understandable, less comprehensive and highly responsive platform to trade well in the market.

The platform is available to interact in many languages which include English, Hindi, Kannada, Telugu, Tamil, Malayalam, Bengali, Marathi, Gujarati, and Punjabi and thus you can trade via any language.

It consumes a very low bandwidth i.e. 0.5 kbps for supervising the whole market and keeping the track.

✅ Open your FREE Discount Demat Account here:
✔️Zerodha 👉 https://bit.ly/Open-Zerodha-Account

It offers to chart features also which represents over 100 indicators and 6 chart types to make you thing understand deeply. Chart types may be Brackets and cover, millisecond order placement, and many more.

Angel Speed Pro

It is a very recommendable trading platform because it is included with many exciting and powerful features. The features are-

  • Real-time rate updates
  • Advance charts
  • Portfolio details
  • Online mutual fund application
  • Integrated news flash and research reports

You can quickly access the reports on your trade report, fund management, portfolio reports, and back-office report.

It also has a customizable toolbar to control ribbon style menus and quick links.

You can toggle the multiple windows and easily placed them on the screen as per your choice.

It provides you fund transfer facility from 39 registered banks. It also has streaming quotes and Multiple Exchanges.

✅ Open your FREE Discount Demat Account here:
✔️ Angel Broking (FREE) 👉 https://tinyurl.com/y6bgfyov

Angel Eye

It is another trading platform from Angel Broking which provides you every second updated information on the screen page. Again it provides you market research reports which are comprehensive.it trades in equities, currencies, commodities and mutual funds.

It has an additional feature that you can manage your family’s wealth with your own account credentials.

Upstox

  • It is a discount broker oriented website portal established to compete the Zerodha site. It has included every feature in it which is superior in itself.
  • It provides a speedy transfer of funds feature. It means that places your trade in 15 seconds and it directly places the order from the charts.
  • The consumption of bandwidth is minimum.
  • The system is highly encrypted to ensure its safety from security threats.
  • It provides universal search across exchanges.
  • It also tracks the Bracket orders on live.

✅ Open your FREE Discount Demat Account here:
✔️UPSTOX 👉 https://bit.ly/Open-Upstox-Account

India Infoline (IIFL)

It is one of India’s best trading platform having 4000+ branches in overall India. The IIFL Trader Terminal Desktop platform provides a very integrating and user-friendly development environment.

The market shares scenarios are described in a very interactive and understandable mode via charting and analytical features.

The trading platform of IIFL provides you a single place to trade in cash, derivatives, mutual funds, IPOs, currencies, and commodities. These services are backed with the support from well-skilled experts who pour all their intelligence in maintaining and managing the wealth of the investors.

It provides a very secure way to enter its screen through the use of authentication processes.

It executes the order placed on a real-time basis.

The user interface is very user-friendly and thus very easy to use and understand.

Sharekhan Trade Tiger

  • It is a very common name known to the share market brokers. It is offering very speedy online services to trade the shares within seconds and that platform is known by the name of Trade Tiger.

It is one of the best share trading platforms.

  • The survey results and the market performance of the shares are all described by the way of good-intractable charts. You can even customize the legends choice also as per your requirements.
  • The charts are presented to you on a daily basis, on everyday market update-wise.
  • Sharekhan Trade Tiger is listed under NSE and BSE and provides a trading platform to buy and sell the shares.
  • There have some graphical studies also for the market and they can be average, Band-Bollinger, KnowSureThing, MACD, etc.
  • It also provides extra features like OAlert, Chart-book, Heat-map, trade from charts, and many more.

Motilal Oswal Trade

  • It has a very good name in the share broking industry.
  • It helps you to trade in the market after providing deep information on everything which is relevant to make your investment a good kind of investment.
  • It provides deep information like gainer/losers, most active stocks, top events, latest news, and much useful information.
  • It also provides you with some smart tools like the option writer, Trade Guide Signal, Portfolio Optimizer, Spread trading. These all are trading tools which will help you to make the right decision.
  • It is suitable for real-time investors who want a live market for enabling them to invest any time in the market.
  • The trading speed of the platform is very speedy and refreshes your every transaction within a second. So the refresh rate is good.
  • You can have access to over 30,000 research reports across all asset classes in a single click.
  • What are Non-Convertible Debentures?

ICICI Trade Racer-

  • The ICICI Trade Racer is a terminal-based trading software launched by the ICICI Direct which is a broking house.
  • You can take your fundamental and technical decisions by using the research and trading call by clicking on the “iClick2Gain” feature.
  • Provides an attractive and colorful screen portal.
  • A nice integrated development environment and Customized grid layout.
  • A stream of live quotations is available.
  • Research call is facilitated.
  • Integrated fund transfer system with a speedy transferring feature.
  • A trend scanner to track the Intraday price movement for finding tending scrips like the bullish, bearish, pivot, and miscellaneous.
  • A live scanner to track the value of stocks on a real-time basis.
  • The heat map feature will let you know about the stock which has faced a downfall in its price or reversely, an increment in the value through color coding in red and green respectively.
  • The software also allows you to add multiple market watch lists with up to the provision of adding up to 50 scrips in each market watch.
  • A Charting feature is also available here from where you can do stock analyses for Simple Moving Average, Exponential Moving Average, Time-Series Moving Average, Triangular Moving Average, Variable Moving Average, VIDYA moving average, Welles Wilder Smoothing, Weighted Moving Average, and many others.
  • The portal can be configured as per the frequent requirements of the trader.
  • Highly suits to heavy traders and experts.

Fyers

It is another web trading platform which provides you a smooth, efficient and highly responsive integrated screen layout to trade easily and fastly in the market.

It has features of charting with 70+ indicators and historical EOD data of 20+ years.

It also generates kinds of research reports to help you in making ideal decisions regarding the trade. Funds can be easily transferred with the use of e-banking or the Payment gateways.

HDFC Securities

It is developed by Tata Consultancy Services (TCS) as the best e-brokerage platform.  It has also won the award at the Outlook Money Awards-2013 in the runner-up category.

This share trading platform is made of 2.0 technologies that proffer a trouble-free trading experience. it offers accurate news which impacts your investment decisions.

It deals in equities, gold, debt, derivatives, mutual funds, fixed-deposits, HDFC NCDs, insurance, bonds, currency derivatives or PMS and real-estate.

You can seamlessly move your funds and securities into savings, Demat and trading accounts.

Dear investors, you have now the list of best share trading platform. Trade through the online trading platform has become a trend.

Such online trading platforms are power-packed with new features.

Final Thoughts

Dear readers, thanks for reading! I hope you find the information provided above meaningful. I wish you are satisfied with the information on the online trading platform.

Look! All the above stockbrokers are well-operators in the market. They all time compete in the market with each other and updates their features for more enhancement in its working operations. So, whatever you will choose, you will experience a great experience over there.

I am much delighted to share my knowledge about the best share trading platform.

Oh yes! If you love this article then please subscribe to us.

Don’t forget to hit the like button.

For sharing your doubts and suggestions with us, you can comment inside the comment box and simply proceed with the comment button.

Thank you and I wish you a streak of luck.

IPO Grey Market Premium: Upcoming Latest IPO GMP LIVE DATA & Kostak Rates

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IPO Grey Market Premium & Rates, Upcoming IPO GMP Detailed Guide

Hello Viewers,

You guys are already well versed with What is IPO? If you have been investing in IPO for quite a time. You might have heard quite often that the Upcoming IPO is quoting at a grey market premium or at a grey market discount.

Our today’s post is centered around the IPO grey market.

“LATEST IPO GREY MARKET PRICE (GMP) & UPCOMING PREMIUM & KOSTAK RATES”

You must be wondering regarding what is the grey market for IPO? or what does the grey market mean? All your desired queries will be sorted through this post.

The grey market of IPO is also referred to as IPO grey market. Stay tuned with us till the end to learn about Grey market IPO & Grey market premium of IPO.

So without any further adieu let’s get started!

What is the Grey Market IPO?

The IPO grey market is the platform where buying and selling are done outside the authorized authority or channels.

It is an unofficial way of trading the company’s sharer before they are issued in the initial public offering.

In other words, the term grey market refers to any type of industry that is operating in questionable legal status.

Here are some FAQs on the IPO grey market.

So let’s take a read

What is Grey Market Premium (GMP)?

Grey Market Premium is something that is easy to understand. It is the premium amount at which shares and applications are bought and sold before they are available on the stock exchange.

The IPO market is streaming at high today. The NSE and BSE IPO grey market premium has a significant role in determining the subscription.

Grey Market Premiums are also attached with words ‘Buyer’ or ‘Seller’. They tell the price either at which buyers are willing to buy shares or the price at which sellers are willing to sell their IPO shares.

Dear Friends the grey market premium is an over the counter or unofficial market. Here the new shares or the shares of the company bringing the IPO are bought and sold even before their listing on any of the exchanges.

In fact, the grey market assists in price discovery of the stock.

The premium can be positive and negative depending on the demand and supply of shares. If the premium is high, more investors will apply for IPO. On the other hand, if the premium is low or negative, fewer investors will apply for the IPO.

These are not actual shares of the IPO But something like unofficial towards the IPO.

IPO ALLOTMENT TIPS & TRICKS

Paytm Money

Latest Grey Market Premium Today

(As On 2023)
Here are the latest IPO grey market premium rates.

IPO Company IPO Date Price Band Lot Size GMP Kostak
Elin Electronics Limited IPO DEC 20, 2022 ₹234 to ₹247 60 ₹5
KFin Techonologies Limited IPO DEC 19, 2022 ₹347 to ₹366 40
Landmark Cars Limited IPO DEC 13, 2022 ₹481 to ₹506 29 ₹-5
Sula Vineyards Limited IPO DEC 12, 2022 ₹340 to ₹357 42 ₹-5
Abans Holdings Limited IPO DEC 12, 2022 ₹256 to ₹270 55 ₹4
UNIPARTS INDIA IPO NOV 30, 2022 ₹548 to ₹547 25 ₹65
Dharmaj Crop Guard IPO NOV 28, 2022 ₹216 to ₹237 60 ₹55
Keystone Realtors IPO NOV 14, 2022 ₹514 to ₹541 27 ₹5
INOX GREEN ENERGY IPO NOV 11, 2022 ₹61 to ₹65 250
Kaynes Technology IPO NOV 10, 2022 ₹559 to ₹587 25 ₹200
FIVE STAR BUSINESS FINANCE IPO NOV 09, 2022 ₹450 to ₹474 31 ₹0
ARCHEAN CHEMICAL IPO NOV 09, 2022 ₹386 to ₹407 36 ₹92 ₹0
GLOBAL HEALTH IPO NOV 03, 2022 ₹319 to ₹366 44 ₹20 ₹350
BIKAJI FOODS IPO NOV 03, 2022 ₹285 to ₹300 50 ₹18 ₹400
FUSION Microfinance IPO NOV 02, 2022 ₹350 to ₹368 40 ₹7 ₹350
DCX SYSTEMS IPO OCT 31, 2022 ₹197 to ₹207 72 ₹85 ₹300
Tracxn Technologies IPO OCT 10, 2022 ₹75 to ₹80 185 ₹5
Electronics Mart IPO OCT 4, 2022 ₹56 to ₹59 254 30 ₹350
Harsha Engineers IPO SEP 14, 2022 ₹314 to ₹330 45 160 ₹400
Tamilnad Bank IPO SEP 5, 2022 ₹500 to ₹525 28 15
DreamFolks IPO AUG 24, 2022 ₹308 to ₹326 46 130
SYRMA SGS IPO AUG 12, 2022 ₹209 to ₹220 68 55
Aether IPO MAY 24, 2022 ₹610 to ₹642 23 N/A
eMudhra IPO MAY 20, 2022 ₹243 to ₹256 58 N/A
Ethos Ltd IPO MAY 18, 2022 ₹836 to ₹878 17 ₹0
Paradeep Phosphates IPO MAY 17, 2022 ₹39 to ₹42 350 ₹1
Delhivery IPO MAY 11, 2022 ₹462 to ₹487 30 ₹0
Venus Pipes IPO MAY 11, 2022 ₹310 to ₹326 46 ₹28
Prudent IPO MAY 10, 2022 ₹595 to ₹630 23 ₹0
LIC IPO MAY 4, 2022 ₹902 to ₹949 15 -15
RAINBOW Medicare IPO APR 27, 2022 ₹516 to ₹542 27 10 400
Campus Activewear IPO APR 26, 2022 ₹278 to ₹292 51 65
Hariom Pipe IPO GMP MAR 30, 2022 ₹144 to ₹153 98 15
Veranda Learning IPO GMP MAR 29, 2022 ₹824 to ₹866 100 16 N/A
UMA Exports IPO GMP MAR 28, 2022 ₹65 to ₹68 220
Vedant Fashion IPO GMP FEB 04, 2022 ₹824 to ₹866 17 Discount
Adani Wilmar IPO GMP JAN 27, 2022 ₹218 to ₹230 65 ₹24 ₹500
AGS Transact IPO GMP JAN 19, 2022 ₹ 166 to ₹ 175 85 Discount
CMS Infosystems IPO GMP DEC 21, 2021 ₹ 205 to ₹ 216 69 ₹12
HP Adhesives IPO GMP DEC 15, 2021 ₹ 262 to ₹ 274 50 ₹90
Supriya Lifescience IPO GMP DEC 16, 2021 ₹ 265 to ₹ 274 54 ₹120 ₹200
Metro Brands IPO GMP DEC 10, 2021 ₹ 485 to ₹ 500 30 Discount
Data Patterns IPO GMP DEC 14, 2021 ₹ 555 to ₹ 585 25 ₹330
Medplus IPO GMP DEC 13, 2021 ₹ 780 to ₹ 796 18 ₹100 ₹600
MapmyIndia IPO GMP DEC 09, 2021 ₹ 1000 to ₹ 1033 14 ₹705
Shriram Properties  IPO GMP DEC 08, 2021 ₹ 113 to ₹ 118 125 ₹225
Rategain IPO GMP DEC 07, 2021 ₹ 405 to ₹ 425 35 ₹19
Anand Rathi IPO GMP DEC 02, 2021 ₹ 530 to ₹ 550 27 ₹52
Tega IPO GMP DEC 01, 2021 ₹ 443 to ₹ 453 33 ₹310
STAR HEALTH IPO GMP Nov 30, 2021 ₹ 870 to ₹ 900 16 Discount ₹0
GO FASHIONS IPO GMP Nov 17, 2021 ₹ 655 to ₹ 690 21 ₹450
Tarsons Products IPO GMP Nov 09, 2021 ₹ 635 to ₹ 662 22 ₹180
SAPPHIRE FOODS IPO GMP Nov 09, 2021 ₹ 1120 to ₹ 1180 12 ₹70
LATENT VIEW ANALYTICS IPO GMP Nov 10, 2021 ₹ 190 to ₹ 197 76 ₹330 ₹250
PayTM IPO GMP Nov 08, 2021 ₹ 2080 to ₹ 2150 06 ₹250
POLICY BAZAAR IPO GMP Nov 01, 2021 ₹ 940 to ₹ 980 15 ₹50 ₹350
SJS ENTERPRISES IPO GMP Nov 01, 2021 ₹531 to ₹542 27
SIGACHI INDUSTRIES IPO GMP Nov 01, 2021 ₹161 to ₹163 90 ₹190 ₹350
FINO PAYMENTS BANK IPO GMP OCT 29, 2021 ₹ 560 to ₹ 577 25 NO GMP ₹250
NYKAA IPO GMP OCT 28, 2021 ₹1085 to ₹1125 12 740 ₹850
ABSL AMC IPO GMP SEP 29, 2021 ₹695 to ₹712 20 27 ₹300
PARAS DEFENCE IPO GMP SEP 21, 2021 ₹165 to ₹175 85 235 ₹300
Sansera Engineering IPO GMP SEP 14, 2021 ₹734 to ₹744 20 64 ₹250
Vijaya Diagnostic IPO GMP SEP 01, 2021 ₹522 to ₹531 28 -5
AMI ORGANICS IPO GMP SEP 01, 2021 ₹603 to ₹610 24 150
Chemplast Sanmar IPO GMP AUG 10, 2021 ₹530 to ₹541 27 -10
Nuvoco IPO GMP AUG 09, 2021 ₹560 to ₹570 26 -10
CarTrade IPO GMP AUG 09, 2021 ₹1585 to ₹1618 9 105
Windlas Biotech IPO GMP AUG 04, 2021 ₹448 to ₹460 30 90
Exxaro Tiles IPO GMP AUG 04, 2021 ₹118 to ₹120 125 5
KRSNAA Dignostics IPO GMP AUG 04, 2021 ₹933 to ₹954 15 270
DEVYANI IPO GMP AUG 04, 2021 ₹86 to ₹90 165 55
ROLEX RINGS IPO GMP JULY 28, 2021 ₹880 to ₹900 16 405 ₹400
Glenmark Life Sciences IPO GMP JULY 27, 2021 ₹695 to ₹720 20 81 ₹350
TATVA CHINTAN IPO GMP JULY 16, 2021 ₹1073 to ₹1083 13 1140 ₹600
ZOMATO IPO GMP JULY 14, 2021 ₹72 to ₹76 195 23 ₹600
CLEAN SCIENCE TECHNOLOGY IPO GMP JULY 07, 2021 ₹880 to ₹900 16 620 ₹1100
GR INFRAPROJECTS IPO GMP JULY 07, 2021 ₹828 to ₹837 17 540 ₹600
INDIA PESTICIDES IPO GMP JUNE 23, 2021 ₹290 to ₹296 50 61 ₹250
KIMS Hospital IPO GMP JUNE 16, 2021 ₹815 to ₹825 18 120 ₹N/A
DODLA DAIRY IPO GMP JUNE 16, 2021 ₹421 to ₹428 35 82 ₹250
Sona Comstar IPO GMP JUNE 14, 2021 ₹285 to ₹291 51 2 ₹N/A
SHYAM METALICS IPO GMP JUNE 14, 2021 ₹300 to ₹306 45 125 ₹500
Lodha Developers IPO GMP APR 07, 2021 ₹483 to ₹486 30 10 ₹N/A
Barbeque Nation IPO GMP MAR 24, 2021 ₹498 to ₹500 50 ₹N/A ₹N/A
Suryoday BANK IPO GMP MAR 17, 2021 ₹303 to ₹305 49 Discount ₹N/A
Nazara Technologies IPO GMP MAR 17, 2021 ₹1100 to ₹1101 13 700 ₹N/A
Kalyan Jewellers IPO GMP MAR 16, 2021 ₹86 to ₹87 172 Discount 250
CraftsMan IPO GMP MAR 15, 2021 ₹1488 to ₹1490 10 33 ₹N/A
LAXMI ORGANICS IPO GMP MAR 15, 2021 ₹129 to ₹130 115 65 400
ANUPAM RASAYAN IPO GMP MAR 12, 2021 ₹553 to ₹555 27 68 400
EaseMyTrip IPO GMP MAR 8, 2021 ₹186 to ₹187 80 150 ₹N/A
MTAR IPO GMP MAR 3, 2021 ₹574 to ₹575 26 495 450
HERANBA IPO GMP FEB 23, 2021 ₹626 to ₹627 23 230 400
RailTel IPO GMP FEB 16, 2021 ₹93 -94 155 15 300
NURECA IPO GMP FEB 15, 2021 ₹396 to ₹400 35 70 ₹N/A
Brookfield REIT IPO FEB 03, 2021 ₹274 -275 200 0 0
IRFC IPO JAN 18, 2021 ₹25 -26 575 0.60 0
Stove Kraft IPO JAN 25, 2021 ₹385 38 60 0
Indigo Paints IPO JAN 20, 2021 ₹1490 10 850 800
Home First IPO JAN 21, 2021 ₹455 28 170 350
Antony Waste IPO GMP DEC 21, 2020 ₹313 -315 47 120 200
Bectors Food IPO GMP DEC 16, 2020 ₹250 -300 50 210 450
Burger King IPO GMP DEC 2, 2020 ₹59 -60 250 50 350
Gland Pharma IPO NOV 09, 2020 ₹1490 – 1500 10 140 1000
Equitas Small Finance Bank IPO OCT 20, 2020 ₹32 to ₹33 450 Discount 0
Mazagon Dock IPO Sep 29, 2020 ₹135 to ₹145 103 Rs. 100/share 350
UTI AMC IPO Sep29, 2020 ₹552 to ₹554 27 Discount 800
LIKHITHA INFRA IPO Sep 29, 2020 ₹117 to ₹120 125 Rs. 10/share 900
Angel Broking IPO Sep 22, 2020 ₹ 305 – 306 49 Discount 100
CHEMCON IPO Sep 21, 2020 ₹338 – ₹340 44 Rs. 390/share 900
CAMS IPO Sep 21, 2020 ₹1229 – ₹1230 12 Rs. 315/Share 900
Route Mobile IPO Sep 09, 2020 ₹345 – ₹350 40 Rs. 250/share 900
Happiest Minds IPO Sep 07, 2020 ₹165 – ₹166 90 Rs. 125/share 500
Mindspace REIT IPO July 27, 2020 ₹274 – ₹275 200 ₹200 0
Rossari Biotech IPO July 13, 2020 ₹423 – ₹425 35 Rs. 5000 5000
SBI Cards IPO Mar 05, 2020 ₹750 – ₹755 19 Rs. 250 4000
NCDEX IPO MAY 2021 ₹ 250 – ₹ 300 Rs. 1000 3000
LIC IPO June 2021 ₹ – Rs. 1000 9000
UTI AMC IPO July 2020 Rs. Rs. 200 4000
Prince Pipes IPO Dec 18 – Dec 20, 2019 Rs. 167 – 168 Rs. 20 400
Ujjivan Small Finance Bank IPO Dec 02 – Dec 04, 2019 Rs. 36 – 37 Rs. 200 400
CSB Bank IPO NOV 22 – NOV 26, 2019 193 – 195 Rs. 150 1000
IRCTC IPO SEP 30 – OCT 03 2019 315 – 320 Rs. 150 1000
Spandana Sphoorty Financial IPO 05 – 07 Aug 19 853 – 856 Rs. 15 450
Affle India LTD IPO 29 – 31 July 19 740 – 745 Rs. 190 250
Sterling & Wilson IPO 2019  – Rs. 150
HDB Financial IPO Grey Market Price 2019 1100 – 1200 Rs. 300
IndiaMart IndMesh IPO 24 – 26 June 970 – 973 Rs. 50 – 60
Neogen Chemicals IPO 24 – 26 Apr 212 – 215 Rs. 25 – 30
Polycab India IPO 5 – 9 Apr 533-538 INR 80 INR600
Metropolis Healthcare 3 – 5 Apr 877-880 INR 50 INR150
Rail Vikas Nigam IPO 29 Mar – 3 Apr 17-19 INR 1
Embassy Office Parks IPO 18 – 20 Mar 17-19 INR 300
Patanjali IPO Apr INR INR1
Muthoot Microfin IPO Apr INR INR1
Mazagon Dock Apr INR INR1
Lodha Developers Apr INR INR1

So, let us understand this with the help of an example

Example of Grey Market Premium

Here, we will take two different situations.

  • Suppose the issue price of Reliance Nippon is Rs.250. Grey market premium of Reliance Nippon is Rs.50. In the given situation, the premium is positive. Because of a positive premium, the buyers are ready to purchase the shares of Reliance Nippon at Rs. 250 + Rs. 50 = Rs. 300
  • Suppose, in this situation the grey market premium of Reliance Nippon is Rs. -20. The issue price is Rs. 250.  Since the grey market premium here is negative, it means that the sellers are ready to sell the shares at a discount of Rs. 20 i.e. Rs. 250 – Rs. 20 = Rs. 230
  • Tips and Strategies for Investing in IPOs
  • Best Share to Invest

The fluctuation in the premium keeps on happening. Until the shares are listed for trading on the exchange, action in the grey market premium price continues. In addition, an investor can also take the delivery of shares by purchasing the shares of the IPO company on a listing day.

10 PARENT COMPANY FOR SHAREHOLDER QUOTA

Disclaimer:

– IPO Grey Market Premium (IPO GMP) mention is valid for the specific date as mentioned in the header.
– We are not buying and selling IPO forms on IPO Grey Market.
– Kostak Rate is the premium one gets by selling his/her IPO application (in an off-market transaction) to someone else even before allotment or listing of the issue.
– Do not subscribe for IPO by just seeing premium Price as it may change anytime before listing. Subscribe only considering Fundamental of the companies.
– This is only coverage of News related to Grey Market . We don’t deal in Grey market premium, nor we recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.

What is Kostak?

Kostak Rate is the premium one gets by selling his/her IPO application (in an off market transaction) to someone else even before allotment or listing of the issue.

Is the Grey market a part of the IPO market?

The grey market is an unofficial market whereas on the other hand IPO is the authorized and recognized medium of raising funds in the market within the SEBI guidelines.

So the IPO market and the IPO grey market do not have any official relationship. You must be well known regarding what is IPO but it is also very important to know about the grey market in IPO.

IPO Allotment Tips

Why do IPOs trade in the grey market before listing?

Firstly, I would like to tell you that the grey market is not an official platform where interested traders can bid and offer shares of the forthcoming IPO.

What are Kostak rates?

A kostak rate is an amount in which one pays for the IPO before the IPO is actually listed on the stock market.

It is a premium one gets by selling the IPO in the grey market.

It is a colloquial word for the prices of an application before the actual issue or the allotment.

Minor difference between Kostak and GMP.

What is Subject to Sauda?

If someone buys an IPO on the subject to sauda price this means they will get the said amount In this one cannot fix their profit as it depends on the allotment. Again if one gets an allotment and he or she sold the application around Rs.10000 and the profit goes high on listing day around Rs.15000 then one should pay Rs.5000 to the guy who bought the application.

In simpler words, it is a kind of deal in the IPO grey market in India. Unofficially, an investor can sell an IPO Application to a buyer at an agreed price (Kostak Rate) before IPO Shares are listed in the stock market. If the seller gets an allotment, he will get Rs 5000.

Who all are the interested parties in the grey market?

  • Retail Investors– The grey market is indicative of the post listing performance
  • HNI investors– It gives them an idea regarding the appetite for the stocks
  • IPO financiers– The grey market provides them an idea regarding whether the financing in IPO is a lucrative business proposal.
  • Best Tips for Intraday Trading
  • How to Choose Stocks for Intraday Trading?

Does SBI regulate the grey market?

As stated above, the Grey market is not an official platform that operates outside the ambit of the SEBI regulation.

Any trade, transaction or bid done under the grey market is not authorized or approved of the regulator or any of the stock exchanges.

How can investors make the best of the grey market?

The grey market is an unofficial trading platform that operates outside the purviews of the SEBI regulation.

Hence all transaction is in the form of the forward transaction and is exposed to the counterparty risks and uncertainty.

At best, one can consider the grey market price as an indicator of the listing price. It is advised that do not take the (GMP) grey market too seriously, as such a grey market are subject to the manipulation.

Important points about IPO grey market and IPO GMP 

  • IPO grey market premium movements may change very quickly and rates may be volatile. It is risky to base an investment decision on gray market IPO rates. Please refer to our 
  • IPO grey market premium rates are provided as sourced from market intelligence. Please note these IPO GMP rates may be different depending on geographies and markets.
  • We don’t trade into the grey market nor do we facilitate buying or selling of IPO forms. 
  • IPO GMP is the rate of premium an IPO commands per share in the grey market.
  • Kostak rate is the amount an investor gets by selling his/her IPO application in the grey market. This is the amount an investor stands to gain, irrespective of allotment status.
Note for the Investors
  • Do not subscribe to the IPO just by looking at the premium price as it is subject to change anytime before get listed
  • Grey market does not sponsor buying and selling of the IPO forms
  • IPO the grey market premium is valid for the specific date as mentioned in the header
  • kostak rates are the premium one gets by selling his her IPO application to someone else before allotment or listed.

A gray market transaction involves the unofficial agreement between the IPO investor and a stockbroker which permits an investor to lock profits before the stock lists.

Under this system shares allotted to the IPO, an application is sold by the broker without transferring the shares into their account.

Since it is an unwritten accord between the two parties, it solely depends upon the trust between the broker and the investor.

Frequently Asked Question

So, let us answer a few FAQs in regarding ” IPO Grey Market Premium”

Q Who decides the IPO grey market price

Just like the stock market and the commodity market trading, IPO grey market premium is decided on the basis of demand and supply.

If there are more buyers than seller the prices goes up and vice versa.

It is to be noted that there are no regulatory bodies included in the grey market trading and therefore, there is no restriction on price momentum.

It may rise or fall suddenly.

Q How the grey market works?

Option 1 Trading IPO Allocated shares in the grey market

  • Investor applies for shares through an IPO. There is financial risk involved with these as they may not get any allocated share or they may receive the shares that may list below the issue price.
  • there are few other people in the market who believe that share value more than the issue price.
  • Buyer contact the grey market dealers and place the order to buy the IPO share at a certain premium
  • The grey market dealers contact the seller and ask them whether they are interested to sell their IPO shares
  • the grey market dealer gets the application details from the seller and sends the notification to the buyer that he bought a certain premium at this time
  • the allotment is done and the seller may or may not receive an allotment of shares
  • If shares are allocated to the sold application, either seller may get a call from the dealer to sell them at a certain price or to transfer allocated shares to some Demat account.
  • In the case of selling the shares, the settlement is done based on the profit or loss.
  • If no shares are allocated to the sellers the deal is over without any settlement. The seller still gets his premium as he sold his application.
  • Option 2: Kostak – Trading IPO Applications in Grey Market:
    • Investor applies for the shares through an IPO. They take a financial risk as there is the likelihood that they may not get allocated any share or they receive the shares but shares may list below the issue price. Let’s call them ‘Sellers’.
    • There are few other people in the market who think that the share values more than its issue price. They start collecting these shares through grey market dealers much before the shares are even allocated. Let’s call then ‘Buyers’.
    • Buyers decide the price of the application based on various assumptions and market conditions. They give an offer to the sellers that they are willing to buy an IPO Application (without knowing how many shares will get allocated) at a certain premium.
    • To avoid the risk of allocation sellers may sell their application at a certain premium to the buyer through a grey market dealer.
    • This kind of trading calls application trading or ‘kostak’. In the case of ‘Kostak’ seller needs not to worry about the share allotment in IPO. He receives the allotment or not he will get the premium at which he sold his IPO allocation.
    • Grey market dealer get the application detail from the seller and send a notification to the buyer that he bought an IPO application at a certain premium from the sellers in the grey market.
    • The allotment is done by the issuing registrar. The application seller sold may or may not receive an allotment of shares.
    • If shares are allocated to the sold application, either seller may get a call from the dealer to sell them at a certain price or to transfer allocated shares to some Demat account.
    • In the case of selling the shares, the settlement is done based on the profit or loss.
    • If no shares are allocated to the sellers the deal is terminated without any settlement. The seller still receives his premium as he sold his application.

How come grey market fluctuates every day?

The grey market fluctuates like the listed stock price. It is based on demand and supply. More buyers than the seller will augment the grey market premium, while more seller than the buyer can pull it down.

Q From where can I know the present rates of premium on a share in an IPO grey market?

Based on the demand and supply of the company of the IPO of the company, it can be positive or negative.

The grey market is not a regulated market and anyone can buy or sell shares prior to the commencement of IPO and listing

Q Who pays the brokerage when selling shares on a listing day in the grey market transaction?

Clients who alloted the shares and sold on the day have to pay the brokerage. That’s why it is significant to open an account with the discount broker.

Q Should IPO investors consider grey market premium before applying in an IPO?

Yes, the investors can consider it as one of the parameters before applying for the IPO stocks. It is to be noted that the grey market premium does not guarantee for listing gains or long term gains.

Grey market premium may change in the duration when you apply for IPO and when the issue gets listed.

It is advisable that an IPO investor should consider various factor before applying for IPO such as company financials, business model, promoters, issue size, upcoming projects or investment plans

Final Words

I hope you had a great time reading about the “IPO grey market premium”. If you like it please do share it among friends and colleagues via Facebook and Twitter.

I hope you find the information regarding the Grey market India useful.

Also, write to us if you have any queries pertaining to this post.

Do not forget to like and subscribe to us.

We at investor academy aims at delivering quality information to the readers.

Thanks for reading and have a nice day.

Disclaimer:

– IPO Grey Market Premium (IPO GMP) mention is valid for the specific date as mentioned in the header.
– We are not buying and selling IPO forms on IPO Grey Market.
– Kostak Rate is the premium one gets by selling his/her IPO application (in an off-market transaction) to someone else even before allotment or listing of the issue.
– Do not subscribe for IPO by just seeing premium Price as it may change anytime before listing. Subscribe only considering Fundamental of the companies.

Best Discount Broker in India 2023 Low Brokerage (Stock Brokers Updated List)

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Best Discount Brokers in India, What is Discount Brokerage Firm & Top 10 Discount Brokers in India

Warm Regards Investors

Until the year 2010, there was a monopoly of Full-service Brokers in the stock market for providing their full-fledged services in India at some percentage charge.

The problem with these Brokerage firms was that they chunk the major profits of the investors, thereby not leaving them with the most expected clear returns.

For instance, if you have traded for a value of Rs 1 lakh, then you’d be required to pay as high as Rs500 for brokerage only. I think you will not agree to pay such a high amount for brokerage charges only.

This is where the Discount brokerage concept was launched in India and then Zerodha came into existence first.

You can say that Zerodha is the sole founder of this Discount brokerage concept. Today, there are more than 10,000 discount brokerage firms all over India with different pricing plans.

The hot topic for today’s discussion will be based on this Discount Brokerage firm. But let’s quickly revise what is Discount brokerage firm first.

What is a Discount Brokerage Firm?

A discount Brokerage firm is that institution that provides you with just smooth and transparent trading platforms and connects with the stock exchanges. The stock exchange includes NSE, BSE in common, and MCX and NCDEX in additional. The segments which can be traded over here include equities, derivatives, currencies, commodities, IPOs, MFs etc.

The main thing about this house that differentiates it with the Full- service Brokerage firm is that it does not support advisory services to its customers. It does not provide them help regarding decision making on their investments.

It provides very nominal and affordable rate services for every transaction cost and they are generally fixed by all firms for every segment trade.

In the upcoming sections, I am, going to tell you the top 10 Discount brokerage houses and their details simultaneously. It will help you out in extracting the best suitable house for you as per your affording power and requirements.

Let’s check out the best discount broker in India.

Top 10 Discount Brokers in India

 

Top 10 Discount Brokers in India By Clients at NSE in 2018

Broker Company Name Number of Clients
Zerodha ZERODHA 66,04,055
Upstox RKSV SECURITIES INDIA PVT LTD 41,58,649
Groww NEXT DIGITAL 50,62,064
ANGELONE ANGEL ONE 42,32,924
5paisa 5paisa 12,25,034
Paytm Money Paytm Money 6,15,776
Fyers Fyers 1,60,840
Alice Blue Alice Blue 1,41,686
Bajaj Financial Bajaj Financial 82,992
SAMCO SAMCO SECURITIES LTD 72,049

Let’s discuss each.

Zerodha

This is the first discount-broking firm that brings the concept of discount brokers in India. It is the leading firm of all the discount brokers providing all-round services to its customers. It provides you the trading platforms to deal with equities, debts, currencies, derivatives, and commodities. The stock exchanges include NSE (National Stock Exchange), BSE (Bombay Stock Exchange), MCX, NCDEX, BTST, Mutual Funds, Forex Trading Spot etc.

To execute all such trading activities on any platform, it charges a fixed amount and Rs20 is charged for a single trade. It doesn’t matter about the volume of trade and the profits or loss you have gained through trading.

The most attractive feature about Zerodha is that if you are able to generate profit in 60 days from the day of trading, then all your trading cost for brokerage will be refunded to you completely.

There are some trading platforms also availed by the Zerodha which includes desktop software, or mobile applications. The names of platforms are Zerodha Trader, Zerodha Z5, Zerodha Mobile, Zerodha Pi.

There are some education platforms also to educate you for trading, such as the Varsity and Open Trade.

Upstox

Whenever low-cost service is sought in the market, the first attendance is given by this leading firm i.e. Upstox brokerage firm. It is also known by the name RKSV.

Like Zerodha, it charges Rs20 for every single trade, irrespective of the volume of trade and the return kinds (i.e. profit/loss).

The equity-oriented securities are executed for free of cost. NSE, BSE, and MCX are the supported trading stock exchanges. No charges for opening the Demat account and AMC is asked here from the investor.

Currently, it is offering zero brokerage for delivery trades.

5 Paisa

The Discount-broking firm 5Paisa is financed by the India Infoline Limited. It is a quickly growing company as it avails its services to such a large customer base at a very low cost and that is why people love to deal with this brokerage firm.

They charge only Rs10 for each executed order, which is really very low-cost service. And one more good news that it does not charge anything for the first 5 trades. They deal in equities, debts, IPOs, mutual funds, currencies, derivatives and commodities. The stock exchange to place such marketing includes NSE, BSE, MCX, and NCDEX.

The opening services for the Demat and Trading account is also freely availed by the 5Paisa brokers. By depositing Rs25000 as an initial margin in the account, the client can get free of cost services for opening and maintain the accounts.

Fyers

The focus by Fyers is much given on the performances of trading platforms and that is why it offers the best trading platforms in the industry. It doesn’t charge any amount for opening the Demat and maintaining the account.

It charges the brokerage at 0.01% or Rs100, whichever is lower.

It also provides technical and fundamental tools for analysis on various topics to its clients so that they can track the performances. It allows trading in all segments except commodities, insurance, and IPOs.

TradeJini

This is the new entrant in the market. It is known for trading the first 50 trades for free at the platforms availed by it. After that, it charges Rs 20 for every trade in any of the segments.

It provides high exposure or leverage, especially in intraday trades.

Tradejini has its own Depository Participants and hence it provides an integrated platform for equity, F&O, commodities, and currencies.

Trade Plus Online

Trade Plus is an Online Trading brand into which one can trade in equities, intraday, F&O derivatives, currencies, and commodities. It is a good distributor of mutual funds and IPOs. The trading platforms for trading these segments include NSE, BSE, MCX, and the NCDEX.

Trade Plus Online has been established in the year 2015, but the back-end supporter i.e. Navia, is in the market for a long time and has been serving as a financial provider.

Trade plus online has its own DP services registered by the CDSL.

The trading platforms in the form of mobile app, web and desktop applications include- TradePlus Mobile, INFINI POWER, and NOW. For NRIs, INFINI MF is there, which allows them to invest in Systematic Investment Plan and lump sum.

The transaction charges of Trade Plus Online is really very cheap as it charges 0.1% and 0.01% to trade in Equity Delivery and Intraday respectively.  Monthly plans for trading in other segments are also quite cheap especially Rs 99 per month for trading in option, currency, and commodity each.

Live Chat, e-mail, Phone calls are supported to handle the customer grievances.

Bonanza Online

Bonanza is one of the old and gold companies, established in the year 1994. Within a short span of time, it is able to spread its branch in all over the nation with 1784 outlets in 560 cities. It offers its retail services in Portfolio management, wealth management, investment advisory, commodities trading, and broking via the internet.

It was also awarded by the title as “Major Volume Driver” by the BSE.

The trading platforms include Bonanza mobile, Bonanza Odin diet, and Bonanza Netnetlite.

Bonanza Brokerage Plans (Variable Brokerage)

Segment Default Plan Plan 1000 Plan 3000 Plan 7500 Plan 27000
Intraday 0.01% 0.005% 0.00375% 0.00312% 0.00281%
Futures 0.01% 0.005% 0.00375% 0.00312% 0.00281%
Delivery 0.1% 0.1% 0.03% 0.025% 0.0225%
Equity Options 20 per lot 15 per lot 12 per lot 10 per lot 9 per lot
Currency 0.005% 0.0025% 0.002% 0.0015% 0.00135%
Currency Options 10 per lot 5 per lot 5 per lot 4 per lot 3.6 per lot
Commodities 0.006% 0.004% 0.0025% 0.00208% 0.00187%
Commodities Delivery 0.04% 0.025% 0.02% 0.0166% 0.015%

SAS online

It is an online broker service provider to provide services on the segments like stocks, futures and options, currencies, and commodities on the respective stock exchanges like NSE, BSE, and the MCX.

SAS stands for South Asian Stocks Ltd. It has more than 6000 clients from more than 570 cities in India.

The client can trade by using any of the platforms-either the NEST Trader or the NOW Trader.

The charge for opening a new Demat account with SAS Online is Rs.200, which is to be paid initially. There is an annual maintenance charge for a Non-Individual account which amounts to Rs.500. It doesn’t offer the 3-in-1 account.

A good thing about this brokerage firm is the SAS Online referral program, wherein, the customers can gain 20 to 50% of the brokerage paid by them by refereeing the SAS online to their friends and relatives.

Rs 30 is charged for every failed or successive transaction.

Trade Smart Online

Trade Smart Online a discount brokerage firm backed by one of the traditional brokerage houses in India from 1994 and that is VNS Finance & Capital Services Ltd.

It provides trading segments in equity, derivatives, currencies, and commodities. The stock exchanges supported by this brokerage house include NSE, BSE, MCX, and NCDEX.

The house provides many useful articles written by well-knowledgeable experts guiding you on how to use tools and analytics to generate reports and track the trade market.

There is a website also which will provide you a visit to many reports and be regarding your shares’ performances. You can check the market status via live Chart support. The website is www.tradesmartonline.in

It has its own DP services, registered with the Central Depository Services India Ltd. (CDSL).

The transaction cost to execute the trade is Rs 15 for every trade. You will not be charged for the month wherein you haven’t made any transaction.

A call and trade feature is also available at the rate of Rs 20 per executed order.

If you have any problem with the services then you can make use of the live chat facility also.

S. No. Stock Brokers Number of Active Clients
1 Zerodha 11,13,000
2 ICICI Securities Limited 9,34,585
3 HDFC Securities Limited. 6,47,800
4 Sharekhan 4,86,325
5 Kotak Securities Ltd 4,84,561
6 Angel Broking Ltd. 4,54,932
7 Upstox 3,75,702
8 Motilal Oswal Securities Ltd. 3,33,388
9 Axis Securities Limited. 3,11,400
10 5PAISA CAPITAL LIMITED 2,94,850
11 KARVY Stock Broking Ltd 2,82,709
12 SBI CAP Securities Ltd. 2,20,464
13 IIFL SECURITIES LIMITED 1,99,088
14 Geojit BNP Paribas financial services ltd. 1,56,635
15 Religare Securities Limited. 1,28,447
16 Reliance Securities Ltd. 1,18,982
17 Edelweiss broking Ltd. 1,16,883
18 Smc global securities Ltd. 1,05,038
19 Nirmal bang securities PVT. Ltd. 88,749
20 Anand Rathi share and stock brokers Ltd. 73,333

Conclusion:

Dear readers,

That’s regarding the “Top leading discount brokerage firms” While selecting the brokerage house you should consider brokerage rates, comparison of charges among various brokerage houses, customer service, Own DP services in houses, software and mobile app and their ratings etc.

Now, you have got access to the knowledge about the “Best discount broker in India” These above-listed firms are all doing very well in the market and they always try to keep their service cost at the minimum level because they do not avail the advisory services to you. Day by day, they are growing at exponential rates and one day they will surely catch with full-service brokers.

If you have any doubts or suggestions related to this article then please write to us in the comment box.

If you have an account in any of the above discount brokerage firms, then please tell us your experience with that firm and provide us the ratings also. It will really help the other readers and is also to analyze the firm’s performance.

At last, don’t forget to like and subscribe to us.

Please hit the like button.

Thanks and wish you a streak of luck

What is Demat Account & How it Works? How to Open? Charges & Benefits

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Demat Account: What is a Demat account?, How To open a Demat account? How It Works and Benefits

“When you grow your capital via bank deposits, you need a bank account. Similarly, when you capitalize your money via the share market, a Demat Account is needed.”

Dear investors, today our matter of contention would be the DEMAT account. Through this post, you will get an opportunity to learn everything about a Demat account.

As a beginner investors, you all must have this query on your mind What is Demat account and how do Demat work?

You know well that the stock exchange is a place where the interesting investors meet and exchange their shares. This is basically a share market and to enter this market, an entry ticket is generated.

This entry ticket is nothing but this Demat Account which enables the interesting individuals to enter the market of shares and play the game of exchanges to earn the maximum profits.

In this article, you’ll come to know about-

Angel Broking

After covering these topics, if any questions would be left in your mind, you can comment us by simply going in the comment section and pasting your doubts inside the comment box.

Coming back to our main topic of today, let’s start with the Demat Account detail.

What is a Demat Account?

A Demat Account is just like your bank account in any bank. While your bank account manages your cash inflow and cash outflow and provides you the bank statement, the Demat Account on the other side manages the number of shares transacted by you. The Demat Account tracks your shares and provides a statement to you regarding-

  • How many shares have you purchased at what price?
  • How many shares you have sold out and at what price?
  • The brokerage and transaction charges incurred by you as a result of shares transacted?

The Demat Account is the very first step to start your business in the share market. Until and unless you won’t have this account, then how will you manage your shares. Where your purchased shares will be kept and how you will come to know the number of and amount of shares you have with you because all this management can only be executed by the Demat account and not by the bank account.

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🔰 UPSTOX 👉 https://bit.ly/Open-Upstox-Account
🔰 Zerodha 👉 https://bit.ly/Open-Zerodha-Account
————————

So, A Demat account act as a hall ticket for beginners and a manager for investors of share market.

Benefits of keeping a Demat Account

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How Demat Account works?

Demat Account manages the number of stocks you have purchased or sold from or in the market respectively. How does it work? let’s figure out-

When a buy order is placed-

When you want to purchase shares from the share market, you obviously would have to pay funds for that. So you have to fetch the funds from your bank account and transfer it to your trading account.

The purchase order is sent to the stock exchanges (NSE or BSE).

The stock exchange purchases those shares on behalf of you and transfers them directly in your Demat account.

You Demat account will show a credit balance for the shares added.

When a sell order is placed-

If you want to sell your existing shares in the market then you have to shift your required number of shares from the Demat account to the trading account.

Your sell order is placed on the stock exchange which will confirm your order quotation.

After confirmation, it will sell your securities and the amount earned in exchange will be transferred or credited to your bank account.

Your Demat account will be debited by the amount of shares that you have sold out.

How to open the Demat Account?

For opening a Demat account, you need to ready yourself with the following pre-requisites. These are-

  • Your passport size photos.
  • Your PAN card.
  • Your Aadhaar card.
  • Canceled cheque.

The photocopies of the above documents will be needed for opening the account and the originals of the same would be required for verification.

Now, you have to follow the following process to open the Demat account-

  1. Select a Depository participant to open your Demat account with. There are many stockbrokers also who provide this inbuilt facility for depository participants. So, you can hire them also.
  2. The list of DPs is available on the websites of depositories: CDSL (Central Depository Services (India) Ltd and NSDL (National Securities Depository Ltd).
  3. Fill the application form for opening your account.
  4. Enclose every needed document along with it.
  5. The DP will hand over you a circular mentioning the rules and regulations of the agreement. You have to sign it after reading it carefully.
  6. During the process, a member of DP will cross-verify your identity and whatever details you have mentioned in your application form.
  7. After confirming your identity, your DP will open a Demat Account for you and thus you will be provided your account credentials, i.e. you will be provided your client ID or your account number. This will help you every time to access your account details.
  8. To maintain your Demat account, you have to pay some fees to the depository participants because it is their duty only to take care of your Demat account. Different DPs charge different fees and it also depends on the kind of scheme you have picked.
  9. You don’t need to maintain a minimum balance of shares in your Demat account to open the account.

How to Open Zerodha Demat Account Online With Mobile?

In this way, your Demat Account will be opened.

Aim and objectives of Demat account

  • The Demat account has replaced the earlier complicated process of handling the physical certificates of shares.
  • False certificates, delay deliveries, and theft cases have been reduced through this mechanism.
  • Buying and selling of shares have become much easy by some simple clicks of the mouse.
  • You can easily convert your physical shares into electronic shares and can manage them anytime from anywhere, which was not possible in earlier days.

What are the Demat Charges?

Investors are required to pay the charges for the services they are offered by the Depository participants of the stockbrokers. They are liable to pay them for:

  • The cost of opening the Demat account. This will vary as per your selection kind. If you want to open your account with the Discount stockbrokers, then a low cost will be charged as compared to the full-service brokers.
  • The full-service brokers provide you account opening facility and its maintenance and trading help also. While in discount brokers, the only trading platform is availed to you and that is why it is cheap.
  • There is one account launched by the SEBI for those investors who are the beginners and just want to take a taste of the share market. Through this account, they are not charged any fees, up to amount Rs50, 000 (annually).
  • Dematerialization and rematerialization of your securities
  • Annual account maintenance
  • Transactions fees (only for sale transactions)

Things to note

  • The DP has to give you notice prior 30 days if he requires revising his charges.
  • If the Demat account is closed in between of the year, annual maintenance charges shall be levied proportionately for each quarter.
  • There is no minimum number of shares that have to be kept in the Demat account.
  • No charge is applicable if you want to close your depository participant account.
  • You can take a transfer from one DP to another, in case you did not like the former services and no charges will be levied upon you for transferring the destination.

Benefits of Demat Account

  • A convenient and easy way to hold securities
  • Prompt transfer of securities
  • No stamp duty
  • Reduce paperwork
  • Automatic credit into Demat account arising out of bonus splits, consolidation, & mergers etc.
  • A desirable feature is you can trade from anywhere even from home.
  • How to start trading in stock market?

Question and Answers-

Q. Is Demat account required for SIP?

No, the Demat account is not at all needed for SIP. In fact, it is not required for any kind of Mutual Fund investment and the SIP is one of them.

Demat account is needed only when you want to buy the funds from the stock exchanges via a broker. The Demat account is simply a concept of the share market, while SIP is the concept of Mutual Fund market.

If you want to open your SIP plan then you have to contact your mutual fund house. You have to prescribe them your fixed amount for investment and also the duration when you can invest regularly, the duration can be quarterly, or monthly or daily basis.

You have to prescribe all this in a form.

Q. Is Demat account required for buying shares?

For buying shares, your Demat account is not required; rather a trading account is needed.

Demat account is only meant to keep all your balanced shares but the trading related to shares like buying and selling is all done through only one account and that is the trading account.

If you want to buy the shares then you have to allocate funds from your bank account to the trading account and place your order on the stock exchange. The stock exchange, after confirming all the required details bought shares for you and transfers all of them to your Demat account.

Q. Is Demat account required for IPO?

Yes, you will be needed a Demat account before applying for the IPO. This because, when you apply for the issued shares and in case they are allocated to you by the IPO, then they need a place to credit those shares in the name of you. That place role is attended by none other than your Demat account.

Whatever shares you will be allocated will be credited to your Demat account.

Q. Is Demat account required for trading?

Demat account is needed only for opening your existence in the share market and to keep your purchased shares in it.

For operating the trading business with the shares then another kind of account needs to be opened and that account is the Trading Account. For trading, you have to shift your shares (which are meant for selling) to the trading account first and then it is sold in the share market. The earned amount is credited to the saving account of yours in your bank.

Demat account is necessary and the first step to foot your step in the environment of the share market. As the physical formats of shares have been replaced by the electronic mediums, so you will need an electronic saving place to save all the shares into there. Obviously, how could you physically manage the electronic papers? You need an electronic account and that is why the Demat account comes into existence.

Yes, the Demat account is nowadays mandatory as it is a very convenient and safe medium for your investment.

Always remember that

“The goal of the successful investor is to make the best trades, money is secondary”

We hope that this article would help you to polish your basics. Still, if you have any doubts, then fix it with us by commenting on the comment box.

For motivating us and keep on reading us, please like and subscribe to this website so that you can get regular updates from us.

Keep on investing and keep on reading us.

Thanks and have a nice day!

Abans Holdings IPO GMP TODAY (LIVE DATA) Latest Grey Market Premium Updates

0

Abans Holdings IPO GMP Today, Abans Holdings IPO Grey Market Premium Updates | Abans Holdings IPO Listing Gain, Latest target, Opening gain

Abans Holdings IPO date is fixed, the initial public offer (IPO) is to hit the market on Dec 12, 2022, and close on Dec 15, 2022. Abans Holdings IPO to raise ₹345.60 Cr via IPO that comprises an offer of up to 12,800,000 Equity Shares of Rs.2 each. The retail quota is 60% with QIB 10% and HNI 30%.

Abans Holdings Limited is engaged in Financial Services, Gold Refining, Jewellery, Commodities Trading, Agricultural Trading and Warehousing, Software Development and Real Estate. The company represents the financial services arm of the Abans Group.

Abans Holdings Limited provides NBFC services, global institutional trading in equities, commodities and foreign exchange, private client stock broking, depositary services, asset management services, investment advisory services and wealth management services to corporates, institutional and high net worth clients.

The company’s business is divided into:

Finance Business: The company operates an RBI Registered NBFC (Non-Deposit taking).

Agency Business: The company is SEBI registered Stock and Commodity Exchange Brokers with memberships across all the major stock exchanges in India, including BSE, NSE, MSEI, MCX, NCDEX and ICEX.

Capital and other Business: The Capital Business includes the internal treasury operations which manage the excess capital funds.

Check out Abans Holdings IPO grey market premium, Kostak rates, and subject to sauda rates as of today.

Abans Holdings IPO Details:

Issuer Abans Holdings Ltd
Issue Type Book Built Issue IPO
Issue Period Issue Opens: DEC 12, 2022
Issue Closes: DEC 15, 2022
Price Brand ₹256 to ₹270 Per Share
Issue Size ₹345.60 Cr
Face Value Rs.2 per Equity Share
Market Lot 55 Shares
Maximum Bid amount for Retail ₹193050
QIB 10% of the issue size
NIB 30% of the issue size
Retail Individual Bidders 60% of the issue size
Listing at NSE & BSE
✔️ Apply With ? ANGEL Free DEMAT Account
Equity 12,800,000 Shares

Angel Free Demat Account

Abans Holdings IPO GMP Rates day by day

Abans Holdings IPO Grey market premium as of today

Date GMP (in INR) Kostak (in INR) Subject to Sauda
23 DEC 2022
22 DEC 2022 ₹4
21 DEC 2022 ₹4
20 DEC 2022 ₹4
19 DEC 2022 ₹4
18 DEC 2022 ₹4
17 DEC 2022 ₹4
16 DEC 2022 ₹4
15 DEC 2022 ₹5
14 DEC 2022 ₹15
13 DEC 2022 ₹22
12 DEC 2022 ₹15
11 DEC 2022 ₹20
10 DEC 2022 ₹17
09 DEC 2022 ₹15
08 DEC 2022 ₹15
07 DEC 2022 ₹10

Abans Holdings IPO Market Lot:

Application Lots Shares Amount
Retail (Min) 1 55 ₹14850
Retail (Max) 13 715 ₹193050
S-HNI (Min) 14 770 ₹207900
B-HNI (Min) 68 3740 ₹1009800

Abans Holdings IPO Allotment & Listing:

Abans Holdings IPO Opening Date: DEC 12, 2022
Abans Holdings IPO Closing Date : DEC 15, 2022
Basis of Allotment: DEC 20, 2022
Refunds: DEC 21, 2022
Credit to Demat Account: DEC 22, 2022
Listing Date: DEC 23, 2022

How to Apply for Abans Holdings IPO?

If you’re a new investor Open DEMAT Account for free with Angel Broking and build wealth with the best stock choices. Join 1 million+ family of happy customers.

How to Apply Abans Holdings IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Abans Holdings”. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply Abans Holdings IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Abans Holdings”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve – mandate. Open Demat Account with Upstox.

In case you have not been allotted or for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before UPI mandate expiry date. Please reach out to your bank in case funds are not unblocked/released post the mandate expiry date.

PARENT COMPANY FOR SHAREHOLDER QUOTA

IPO ALLOTMENT TIPS & TRICKS

Check:- Abans Holdings IPO Allotment Status

Disclaimer:

– IPO Grey Market Premium (IPO GMP) mention is valid for the specific date as mentioned in the header.
– We are not buying and selling IPO forms on IPO Grey Market.
– Kostak Rate is the premium one gets by selling his/her IPO application (in an off-market transaction) to someone else even before allotment or listing of the issue.
– Do not subscribe for IPO by just seeing premium Price as it may change anytime before listing. Subscribe only considering Fundamentals of the companies.
– This is only coverage of News related to Grey Market. We don’t deal in Grey market premium, nor do we recommend dealing in Grey Market. Investment decisions based on Grey Market trends can be faulty.

IPO GMP rates are provided as sourced from market intelligence. Please note these IPO GMP rates may be different depending on geographies and markets.

We don’t trade into the grey market nor do we facilitate buying or selling of IPO firms.

What is Grey Market?

Grey Market is the term used to describe an unregulated over-the-counter market for trading IPO applications and IPO shares before the stock is listed at a stock market. This is a way for dealers to support their customers who may want to exit before listing.

This is also a way to boost the listing price and support the issue before listing happens. There are two kinds of transactions that happen in thee IPO grey market:

  • Trade of IPO shares at a grey market premium
  • Trade of IPO application at a kostak.

What is Grey Market Premium?

GMP or Grey Market Premium is the premium at which equity shares from the IPO are being traded in the grey market.

This could either be a positive or negative – meaning the trading price in the grey market is either higher or lower than issue price respectively, based on demand and supply for the shares.

Typically, investors who do not want to take the risk of allocation not happening through IPO will buy shares in the gray market and hope to flip the shares on listing to make a good profit.

What is Kostak?

Kostak is the premium at which IPO application is being traded in the grey market. Applications are typically traded after the application window is closed but the allotment has not yet been finished.

It is rare for someone to trade IPO application post-allocation. This is a way for investors to increase their chance of shares being allotted as the allocation process treats each retail application equally. An example (indicative) for kostak is:

Example:

IGL Limited
Issue Price: Rs 306 Per Equity Share (Maximum Bid price)
Lot Size: 45
Grey Market Premium: Rs 220 to Rs 230
Kostak (Rs 13770): Rs 680 to Rs 720

This means IGL IPO applications of Rs 13500 are being traded in IPO Grey Market at Rs 695 to Rs 720.

Despite the fact that this IPO’s Grey Market Premium is roughly 75% of the issue price, the ‘Kostak’ is just 5% of the application value.

As can be seen the Kostak is at a much lower %age than GMP. This indicates that the grey market expects the issue to be oversubscribed and expects on an average only one lot to be allocated per application.

Kostak rate is the amount an investor gets by selling his/her IPO application in grey market. This is the amount an investor stands to gain, irrespective of allotment status.

Subject to Sauda simply reflects the amount which an investor stands to get by selling his/her application for firm allotment. The key operative word here is firm allotment. In case of no allotment to the applicant, the sauda stands cancelled.

In case of ‘Subject to Sauda’ deal, while selling IPO application in the grey market, buyer and seller agree that deal is only valid if the seller will get the allotment. If the seller doesn’t get any shares in IPO process, the deal gets avoid.

Landmark Cars IPO GMP TODAY (LIVE DATA) Latest Grey Market Premium Updates

0

Landmark Cars IPO GMP Today, Landmark Cars IPO Grey Market Premium Updates | Landmark Cars IPO Listing Gain, Latest target, Opening gain

Landmark Cars IPO date is fixed, the initial public offer (IPO) is to hit the market on Dec 13, 2022, and close on Dec 15, 2022. Landmark Cars IPO to raise ₹552.15 Cr via IPO that comprises an offer of up to 10,909,091 Equity Shares of Rs.5 each. The retail quota is 35% with QIB 50% and HNI 15%.

Landmark Cars Limited is the leading premium automotive retail business in India with dealerships for Mercedes-Benz, Honda, Jeep, Volkswagen and Renault. The company also cater to the commercial vehicle retail business of Ashok Leyland in India.

Landmark Cars offers services such as sales of new vehicles, after-sales service and repairs (including sales of spare parts, lubricants and accessories), sales of pre-owned passenger vehicles and facilitation of the sales of third-party finance and insurance products.

The company has expanded the network to include 112 outlets in 8 Indian states, comprised of 61 sales showrooms and outlets and 51 after-sales services and spare outlets, as of September 30, 2021.

Landmark Cars Limited vehicle dealership network is spread across 31 cities in eight states and union territories including Maharashtra, Uttar Pradesh, Gujarat, Haryana, Madhya Pradesh, Punjab, West Bengal and the National Capital Territory of Delhi.

The company operate as an authorized service centre for Mercedes-Benz, Honda, Volkswagen, Jeep, Renault and Ashok Leyland. Landmark Cars also provide after-sales service and repairs through 51 after-sales services and spare outlets, as of September 30, 2021.

Check out Landmark Cars IPO grey market premium, Kostak rates, and subject to sauda rates as of today.

Landmark Cars IPO Details:

Issuer Landmark Cars Ltd
Issue Type Book Built Issue IPO
Issue Period Issue Opens: DEC 13, 2022
Issue Closes: DEC 15, 2022
Price Brand ₹481 to ₹506 Per Share
Issue Size ₹552 Cr
Face Value Rs.5 per Equity Share
Market Lot 29 Shares
Maximum Bid amount for Retail ₹190762
QIB 50% of the issue size
NIB 15% of the issue size
Retail Individual Bidders 35% of the issue size
Listing at NSE & BSE
✔️ Apply With ? ANGEL Free DEMAT Account
Equity 10,909,091 Shares

Angel Free Demat Account

Landmark Cars IPO GMP Rates day by day

Landmark Cars IPO Grey market premium as of today

Date GMP (in INR) Kostak (in INR) Subject to Sauda
23 DEC 2022
22 DEC 2022 ₹-5
21 DEC 2022 ₹-5
20 DEC 2022 ₹-5
19 DEC 2022 ₹-5
18 DEC 2022 ₹-5
17 DEC 2022 ₹-5
16 DEC 2022 ₹4
15 DEC 2022 ₹9 ₹300
14 DEC 2022 ₹30 ₹300
13 DEC 2022 ₹30 ₹300
12 DEC 2022 ₹40 ₹300
11 DEC 2022 ₹30
10 DEC 2022 ₹30 ₹300
09 DEC 2022
08 DEC 2022
07 DEC 2022

Landmark Cars IPO Market Lot:

Application Lots Shares Amount
Retail (Min) 1 29 ₹14674
Retail (Max) 13 377 ₹190762
S-HNI (Min) 14 406 ₹205436
B-HNI (Min) 69 2001 ₹1012506

Landmark Cars IPO Allotment & Listing:

Landmark Cars IPO Opening Date: DEC 13, 2022
Landmark Cars IPO Closing Date : DEC 15, 2022
Basis of Allotment: DEC 20, 2022
Refunds: DEC 21, 2022
Credit to Demat Account: DEC 22, 2022
Listing Date: DEC 23, 2022

How to Apply for Landmark Cars IPO?

If you’re a new investor Open DEMAT Account for free with Angel Broking and build wealth with the best stock choices. Join 1 million+ family of happy customers.

How to Apply Landmark Cars IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Landmark Cars”. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply Landmark Cars IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Landmark Cars”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve – mandate. Open Demat Account with Upstox.

In case you have not been allotted or for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before UPI mandate expiry date. Please reach out to your bank in case funds are not unblocked/released post the mandate expiry date.

PARENT COMPANY FOR SHAREHOLDER QUOTA

IPO ALLOTMENT TIPS & TRICKS

Check:- Landmark Cars IPO Allotment Status

Disclaimer:

– IPO Grey Market Premium (IPO GMP) mention is valid for the specific date as mentioned in the header.
– We are not buying and selling IPO forms on IPO Grey Market.
– Kostak Rate is the premium one gets by selling his/her IPO application (in an off-market transaction) to someone else even before allotment or listing of the issue.
– Do not subscribe for IPO by just seeing premium Price as it may change anytime before listing. Subscribe only considering Fundamentals of the companies.
– This is only coverage of News related to Grey Market. We don’t deal in Grey market premium, nor do we recommend dealing in Grey Market. Investment decisions based on Grey Market trends can be faulty.

IPO GMP rates are provided as sourced from market intelligence. Please note these IPO GMP rates may be different depending on geographies and markets.

We don’t trade into the grey market nor do we facilitate buying or selling of IPO firms.

What is Grey Market?

Grey Market is the term used to describe an unregulated over-the-counter market for trading IPO applications and IPO shares before the stock is listed at a stock market. This is a way for dealers to support their customers who may want to exit before listing.

This is also a way to boost the listing price and support the issue before listing happens. There are two kinds of transactions that happen in thee IPO grey market:

  • Trade of IPO shares at a grey market premium
  • Trade of IPO application at a kostak.

What is Grey Market Premium?

GMP or Grey Market Premium is the premium at which equity shares from the IPO are being traded in the grey market.

This could either be a positive or negative – meaning the trading price in the grey market is either higher or lower than issue price respectively, based on demand and supply for the shares.

Typically, investors who do not want to take the risk of allocation not happening through IPO will buy shares in the gray market and hope to flip the shares on listing to make a good profit.

What is Kostak?

Kostak is the premium at which IPO application is being traded in the grey market. Applications are typically traded after the application window is closed but the allotment has not yet been finished.

It is rare for someone to trade IPO application post-allocation. This is a way for investors to increase their chance of shares being allotted as the allocation process treats each retail application equally. An example (indicative) for kostak is:

Example:

IGL Limited
Issue Price: Rs 306 Per Equity Share (Maximum Bid price)
Lot Size: 45
Grey Market Premium: Rs 220 to Rs 230
Kostak (Rs 13770): Rs 680 to Rs 720

This means IGL IPO applications of Rs 13500 are being traded in IPO Grey Market at Rs 695 to Rs 720.

Despite the fact that this IPO’s Grey Market Premium is roughly 75% of the issue price, the ‘Kostak’ is just 5% of the application value.

As can be seen the Kostak is at a much lower %age than GMP. This indicates that the grey market expects the issue to be oversubscribed and expects on an average only one lot to be allocated per application.

Kostak rate is the amount an investor gets by selling his/her IPO application in grey market. This is the amount an investor stands to gain, irrespective of allotment status.

Subject to Sauda simply reflects the amount which an investor stands to get by selling his/her application for firm allotment. The key operative word here is firm allotment. In case of no allotment to the applicant, the sauda stands cancelled.

In case of ‘Subject to Sauda’ deal, while selling IPO application in the grey market, buyer and seller agree that deal is only valid if the seller will get the allotment. If the seller doesn’t get any shares in IPO process, the deal gets avoid.

 

Elin Electronics IPO GMP TODAY (LIVE DATA) Latest Grey Market Premium Updates

0

Elin Electronics IPO GMP Today, Elin Electronics IPO Grey Market Premium Updates | Elin Electronics IPO Listing Gain, Latest target, Opening gain

Elin Electronics IPO date is fixed, the initial public offer (IPO) is to hit the market on Dec 20, 2022, and close on Dec 22, 2022. Landmark Cars IPO to raise ₹475 Cr via IPO that comprises an offer of up to 10,909,091 Equity Shares of Rs.5 each. The retail quota is 35% with QIB 50% and HNI 15%.

Elin Electronics Limited is a leading electronics manufacturing services (“EMS”) provider. The company is a manufacturer of end-to-end product solutions for major brands of lighting, fans, and small/ kitchen appliances in India, and is one of the largest fractional horsepower motors manufacturers in India.

Elin Electronics Limited manufactures and assembles a wide array of products and provides end-to-end product solutions. The company serve under both original equipment manufacturer (“OEM”) and original design manufacturer (“ODM”) business models.

The company’s diversified product portfolio in EMS includes (i) LED lighting, fans and switches including lighting products, ceiling, fresh air and TPW fans, and modular switches and sockets, (ii) small appliances such as dry and steam irons, toasters, hand blenders, mixer grinders, hair dryer and hair straightener; (iii) fractional horsepower motors, which is used in mixer grinder, hand blender, wet grinder, chimney, air conditioner, heat convector, TPW fans etc.; and (iv) other miscellaneous products.

The company has three manufacturing facilities which are strategically located in Ghaziabad (Uttar Pradesh), Baddi (Himachal Pradesh) and Verna (Goa).

Check out Elin Electronics IPO grey market premium, Kostak rates, and subject to sauda rates as of today.

Elin Electronics IPO Details:

Issuer Elin Electronics Ltd
Issue Type Book Built Issue IPO
Issue Period Issue Opens: DEC 20, 2022
Issue Closes: DEC 22, 2022
Price Brand ₹234 to ₹247 Per Share
Issue Size ₹475 Cr
Face Value Rs.5 per Equity Share
Market Lot 60 Shares
Maximum Bid amount for Retail ₹192660
QIB 50% of the issue size
NIB 15% of the issue size
Retail Individual Bidders 35% of the issue size
Listing at NSE & BSE
✔️ Apply With ? ANGEL Free DEMAT Account
Equity 10,909,091 Shares

Angel Free Demat Account

Elin Electronics IPO GMP Rates day by day

Elin Electronics IPO Grey market premium as of today

Date GMP (in INR) Kostak (in INR) Subject to Sauda
23 DEC 2022
22 DEC 2022 ₹3
21 DEC 2022 ₹45 ₹275 ₹800
20 DEC 2022 ₹45 ₹250 ₹1700
19 DEC 2022 ₹40 ₹250 ₹1700
18 DEC 2022 ₹40 ₹250 ₹1700
17 DEC 2022 ₹30
16 DEC 2022 ₹30
15 DEC 2022 ₹25

Paytm Money

Elin Electronics IPO Market Lot:

Application Lots Shares Amount
Retail (Min) 1 60 ₹14820
Retail (Max) 13 780 ₹192660
S-HNI (Min) 14 840 ₹207480
B-HNI (Min) 68 4080 ₹1007760

Elin Electronics IPO Allotment & Listing:

Elin Electronics IPO Opening Date: DEC 20, 2022
Elin Electronics IPO Closing Date : DEC 22, 2022
Basis of Allotment: DEC 27, 2022
Refunds: DEC 28, 2022
Credit to Demat Account: DEC 29, 2022
Listing Date: DEC 30, 2022

How to Apply for Elin Electronics IPO?

If you’re a new investor Open DEMAT Account for free with Angel Broking and build wealth with the best stock choices. Join 1 million+ family of happy customers.

How to Apply Elin Electronics IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Elin Electronics”. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply Elin Electronics IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Elin Electronics”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve – mandate. Open Demat Account with Upstox.

In case you have not been allotted or for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before UPI mandate expiry date. Please reach out to your bank in case funds are not unblocked/released post the mandate expiry date.

PARENT COMPANY FOR SHAREHOLDER QUOTA

IPO ALLOTMENT TIPS & TRICKS

Check:- Elin Electronics IPO Allotment Status

Disclaimer:

– IPO Grey Market Premium (IPO GMP) mention is valid for the specific date as mentioned in the header.
– We are not buying and selling IPO forms on IPO Grey Market.
– Kostak Rate is the premium one gets by selling his/her IPO application (in an off-market transaction) to someone else even before allotment or listing of the issue.
– Do not subscribe for IPO by just seeing premium Price as it may change anytime before listing. Subscribe only considering Fundamentals of the companies.
– This is only coverage of News related to Grey Market. We don’t deal in Grey market premium, nor do we recommend dealing in Grey Market. Investment decisions based on Grey Market trends can be faulty.

IPO GMP rates are provided as sourced from market intelligence. Please note these IPO GMP rates may be different depending on geographies and markets.

We don’t trade into the grey market nor do we facilitate buying or selling of IPO firms.

What is Grey Market?

Grey Market is the term used to describe an unregulated over-the-counter market for trading IPO applications and IPO shares before the stock is listed at a stock market. This is a way for dealers to support their customers who may want to exit before listing.

This is also a way to boost the listing price and support the issue before listing happens. There are two kinds of transactions that happen in thee IPO grey market:

  • Trade of IPO shares at a grey market premium
  • Trade of IPO application at a kostak.

What is Grey Market Premium?

GMP or Grey Market Premium is the premium at which equity shares from the IPO are being traded in the grey market.

This could either be a positive or negative – meaning the trading price in the grey market is either higher or lower than issue price respectively, based on demand and supply for the shares.

Typically, investors who do not want to take the risk of allocation not happening through IPO will buy shares in the gray market and hope to flip the shares on listing to make a good profit.

What is Kostak?

Kostak is the premium at which IPO application is being traded in the grey market. Applications are typically traded after the application window is closed but the allotment has not yet been finished.

It is rare for someone to trade IPO application post-allocation. This is a way for investors to increase their chance of shares being allotted as the allocation process treats each retail application equally. An example (indicative) for kostak is:

Example:

IGL Limited
Issue Price: Rs 306 Per Equity Share (Maximum Bid price)
Lot Size: 45
Grey Market Premium: Rs 220 to Rs 230
Kostak (Rs 13770): Rs 680 to Rs 720

This means IGL IPO applications of Rs 13500 are being traded in IPO Grey Market at Rs 695 to Rs 720.

Despite the fact that this IPO’s Grey Market Premium is roughly 75% of the issue price, the ‘Kostak’ is just 5% of the application value.

As can be seen the Kostak is at a much lower %age than GMP. This indicates that the grey market expects the issue to be oversubscribed and expects on an average only one lot to be allocated per application.

Kostak rate is the amount an investor gets by selling his/her IPO application in grey market. This is the amount an investor stands to gain, irrespective of allotment status.

Subject to Sauda simply reflects the amount which an investor stands to get by selling his/her application for firm allotment. The key operative word here is firm allotment. In case of no allotment to the applicant, the sauda stands cancelled.

In case of ‘Subject to Sauda’ deal, while selling IPO application in the grey market, buyer and seller agree that deal is only valid if the seller will get the allotment. If the seller doesn’t get any shares in IPO process, the deal gets avoid.

Sula Vineyards IPO GMP TODAY (LIVE DATA) Latest Grey Market Premium Updates

0

Sula Vineyards IPO GMP Today, Sula Vineyards IPO Grey Market Premium Updates | Sula Vineyards IPO Listing Gain, Latest target, Opening gain

Sula Vineyards IPO date is fixed, the initial public offer (IPO) is to hit the market on Dec 12, 2022, and close on Dec 14, 2022. Sula Vineyards IPO to raise ₹251.15 Cr via IPO that comprises an offer of up to 26,900,530 Equity Shares of Rs.2 each. The retail quota is 35% with QIB 50% and HNI 15%.

Sula Vineyards Limited is the India’s largest wine producer and seller as of March 31, 2022. The company also distribute wines under a bouquet of popular brands including “RASA,” “Dindori”, “The source,” “Satori”, “Madera” & “Dia” with its flagship brand “Sula” being the “category creator” of wine in India.

The company’s business is broadly classified under two categories (i) the production of wine, the import of wines and spirits, and the distribution of wines and spirits (the “Wine Business”); and (ii) the sale of services from ownership and operation of wine tourism venues, including vineyard resorts and tasting rooms (the “Wine Tourism Business“)

Currently, the company produces 56 different labels of wine at four owned and two leased production facilities located in the Indian states of Maharashtra and Karnataka.

The company have managed to build the largest distribution network among wine companies in India, with close to 13,000 retail touchpoints across the country in 2021.

Check out Sula Vineyards IPO grey market premium, Kostak rates, and subject to sauda rates as of today.

Sula Vineyards IPO Details:

Issuer Sula Vineyards Ltd
Issue Type Book Built Issue IPO
Issue Period Issue Opens: DEC 12, 2022
Issue Closes: DEC 14, 2022
Price Brand ₹340 to ₹357 Per Share
Issue Size ₹960.35 Cr
Face Value Rs.2 per Equity Share
Market Lot 42 Shares
Maximum Bid amount for Retail ₹194922
QIB 50% of the issue size
NIB 15% of the issue size
Retail Individual Bidders 35% of the issue size
Listing at NSE & BSE
✔️ Apply With ? ANGEL Free DEMAT Account
Equity 26,900,530 Shares

Angel Free Demat Account

Sula Vineyards IPO GMP Rates day by day

Sula Vineyards IPO Grey market premium as of today

Date GMP (in INR) Kostak (in INR) Subject to Sauda
23 DEC 2022
22 DEC 2022
21 DEC 2022 ₹-15
20 DEC 2022 ₹-5 ₹200 ₹700
19 DEC 2022 ₹-5
18 DEC 2022 ₹-5
17 DEC 2022 ₹-5
16 DEC 2022 ₹-5
15 DEC 2022 ₹1 ₹200 ₹700
14 DEC 2022 ₹25 ₹200 ₹700
13 DEC 2022 ₹25 ₹200 ₹700
12 DEC 2022 ₹40 ₹350 ₹760
11 DEC 2022 ₹35
10 DEC 2022 ₹35 ₹350 ₹760
09 DEC 2022 ₹40
08 DEC 2022 ₹50
07 DEC 2022 ₹70

Sula Vineyards IPO Market Lot:

Application Lots Shares Amount
Retail (Min) 1 42 ₹14994
Retail (Max) 13 546 ₹194922
S-HNI (Min) 14 588 ₹209916
B-HNI (Min) 67 2814 ₹1004598

Sula Vineyards IPO Allotment & Listing:

Sula Vineyards IPO Opening Date: DEC 12, 2022
Sula Vineyards IPO Closing Date : DEC 14, 2022
Basis of Allotment: DEC 19, 2022
Refunds: DEC 20, 2022
Credit to Demat Account: DEC 21, 2022
Listing Date: DEC 22, 2022

How to Apply for Sula Vineyards IPO?

If you’re a new investor Open DEMAT Account for free with Angel Broking and build wealth with the best stock choices. Join 1 million+ family of happy customers.

How to Apply Sula Vineyards IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Sula Vineyards”. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply Sula Vineyards IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Sula Vineyards”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve – mandate. Open Demat Account with Upstox.

In case you have not been allotted or for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before UPI mandate expiry date. Please reach out to your bank in case funds are not unblocked/released post the mandate expiry date.

PARENT COMPANY FOR SHAREHOLDER QUOTA

IPO ALLOTMENT TIPS & TRICKS

Check:- Sula Vineyards IPO Allotment Status

Disclaimer:

– IPO Grey Market Premium (IPO GMP) mention is valid for the specific date as mentioned in the header.
– We are not buying and selling IPO forms on IPO Grey Market.
– Kostak Rate is the premium one gets by selling his/her IPO application (in an off-market transaction) to someone else even before allotment or listing of the issue.
– Do not subscribe for IPO by just seeing premium Price as it may change anytime before listing. Subscribe only considering Fundamentals of the companies.
– This is only coverage of News related to Grey Market. We don’t deal in Grey market premium, nor do we recommend dealing in Grey Market. Investment decisions based on Grey Market trends can be faulty.

IPO GMP rates are provided as sourced from market intelligence. Please note these IPO GMP rates may be different depending on geographies and markets.

We don’t trade into the grey market nor do we facilitate buying or selling of IPO firms.

What is Grey Market?

Grey Market is the term used to describe an unregulated over-the-counter market for trading IPO applications and IPO shares before the stock is listed at a stock market. This is a way for dealers to support their customers who may want to exit before listing.

This is also a way to boost the listing price and support the issue before listing happens. There are two kinds of transactions that happen in thee IPO grey market:

  • Trade of IPO shares at a grey market premium
  • Trade of IPO application at a kostak.

What is Grey Market Premium?

GMP or Grey Market Premium is the premium at which equity shares from the IPO are being traded in the grey market.

This could either be a positive or negative – meaning the trading price in the grey market is either higher or lower than issue price respectively, based on demand and supply for the shares.

Typically, investors who do not want to take the risk of allocation not happening through IPO will buy shares in the gray market and hope to flip the shares on listing to make a good profit.

What is Kostak?

Kostak is the premium at which IPO application is being traded in the grey market. Applications are typically traded after the application window is closed but the allotment has not yet been finished.

It is rare for someone to trade IPO application post-allocation. This is a way for investors to increase their chance of shares being allotted as the allocation process treats each retail application equally. An example (indicative) for kostak is:

Example:

IGL Limited
Issue Price: Rs 306 Per Equity Share (Maximum Bid price)
Lot Size: 45
Grey Market Premium: Rs 220 to Rs 230
Kostak (Rs 13770): Rs 680 to Rs 720

This means IGL IPO applications of Rs 13500 are being traded in IPO Grey Market at Rs 695 to Rs 720.

Despite the fact that this IPO’s Grey Market Premium is roughly 75% of the issue price, the ‘Kostak’ is just 5% of the application value.

As can be seen the Kostak is at a much lower %age than GMP. This indicates that the grey market expects the issue to be oversubscribed and expects on an average only one lot to be allocated per application.

Kostak rate is the amount an investor gets by selling his/her IPO application in grey market. This is the amount an investor stands to gain, irrespective of allotment status.

Subject to Sauda simply reflects the amount which an investor stands to get by selling his/her application for firm allotment. The key operative word here is firm allotment. In case of no allotment to the applicant, the sauda stands cancelled.

In case of ‘Subject to Sauda’ deal, while selling IPO application in the grey market, buyer and seller agree that deal is only valid if the seller will get the allotment. If the seller doesn’t get any shares in IPO process, the deal gets avoid.

KFin TECHNOLOGIES IPO GMP TODAY (LIVE DATA) Latest Grey Market Premium Updates

0

KFin Technologies IPO GMP Today, KFin Technologies IPO Grey Market Premium Updates | KFin Technologies IPO Listing Gain, Latest target, Opening gain

KFin Technologies IPO date is fixed, the initial public offer (IPO) is to hit the market on Dec 19, 2022, and close on Dec 21, 2022. Landmark Cars IPO to raise ₹1500 Cr via IPO that comprises an offer of up to 40,983,607 Equity Shares of Rs.10 each. The retail quota is 10% with QIB 75% and HNI 15%.

KFin Technologies Limited is a leading technology-driven financial services platform. The company provides services and solutions to asset managers and corporate issuers across asset classes in India and provides several investor solutions including transaction origination and processing for mutual funds and private retirement schemes in Malaysia, the Philippines and Hong Kong.

As on September 30, 2022, the company is India’s largest investor solutions provider to Indian mutual funds, based on several AMC clients serviced. The company is also servicing 301 funds of 192 asset managers in India as on September 30, 2022.

As on September 30, 2022, KFin Technologies Limited is the only investor and issuer solutions provider in India that offers services to asset managers such as mutual funds, alternative investment funds (“AIFs”), wealth managers and pension as well as corporate issuers in India.

KFin Technologies Limited is one of the two operating central record-keeping agencies (“CRAs”) for the National Pension System (” NPS”) in India as on September 30, 2022.

KFin Technologies Limited is India’s largest issuer solutions provider based on several clients serviced, as of September 30, 2022.

Check out KFin Technologies IPO grey market premium, Kostak rates, and subject to sauda rates as of today.

KFin Technologies IPO Details:

Issuer KFin Technologies Ltd
Issue Type Book Built Issue IPO
Issue Period Issue Opens: DEC 19, 2022
Issue Closes: DEC 21, 2022
Price Brand ₹347 to ₹366 Per Share
Issue Size ₹1500 Cr
Face Value Rs.10 per Equity Share
Market Lot 40 Shares
Maximum Bid amount for Retail ₹192660
QIB 75% of the issue size
NIB 15% of the issue size
Retail Individual Bidders 10% of the issue size
Listing at NSE & BSE
✔️ Apply With ? ANGEL Free DEMAT Account
Equity 40,983,607 Shares

Angel Free Demat Account

KFin Technologies IPO GMP Rates day by day

KFin Technologies IPO Grey market premium as of today

Date GMP (in INR) Kostak (in INR) Subject to Sauda
23 DEC 2022
22 DEC 2022
21 DEC 2022
20 DEC 2022
19 DEC 2022
18 DEC 2022
17 DEC 2022
16 DEC 2022
15 DEC 2022

Paytm Money

KFin Technologies IPO Market Lot:

Application Lots Shares Amount
Retail (Min) 1 40 ₹14640
Retail (Max) 13 520 ₹190320
S-HNI (Min) 14 560 ₹204960
B-HNI (Min) 69 2760 ₹1010160

KFin Technologies IPO Allotment & Listing:

KFin Technologies IPO Opening Date: DEC 19, 2022
KFin Technologies IPO Closing Date : DEC 21, 2022
Basis of Allotment: DEC 26, 2022
Refunds: DEC 27, 2022
Credit to Demat Account: DEC 28, 2022
Listing Date: DEC 29, 2022

How to Apply for KFin Technologies IPO?

If you’re a new investor Open DEMAT Account for free with Angel Broking and build wealth with the best stock choices. Join 1 million+ family of happy customers.

How to Apply KFin Technologies IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “KFin Technologies”. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply KFin Technologies IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “KFin Technologies”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve – mandate. Open Demat Account with Upstox.

In case you have not been allotted or for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before UPI mandate expiry date. Please reach out to your bank in case funds are not unblocked/released post the mandate expiry date.

PARENT COMPANY FOR SHAREHOLDER QUOTA

IPO ALLOTMENT TIPS & TRICKS

Check:- KFin Technologies IPO Allotment Status

Disclaimer:

– IPO Grey Market Premium (IPO GMP) mention is valid for the specific date as mentioned in the header.
– We are not buying and selling IPO forms on IPO Grey Market.
– Kostak Rate is the premium one gets by selling his/her IPO application (in an off-market transaction) to someone else even before allotment or listing of the issue.
– Do not subscribe for IPO by just seeing premium Price as it may change anytime before listing. Subscribe only considering Fundamentals of the companies.
– This is only coverage of News related to Grey Market. We don’t deal in Grey market premium, nor do we recommend dealing in Grey Market. Investment decisions based on Grey Market trends can be faulty.

IPO GMP rates are provided as sourced from market intelligence. Please note these IPO GMP rates may be different depending on geographies and markets.

We don’t trade into the grey market nor do we facilitate buying or selling of IPO firms.

What is Grey Market?

Grey Market is the term used to describe an unregulated over-the-counter market for trading IPO applications and IPO shares before the stock is listed at a stock market. This is a way for dealers to support their customers who may want to exit before listing.

This is also a way to boost the listing price and support the issue before listing happens. There are two kinds of transactions that happen in thee IPO grey market:

  • Trade of IPO shares at a grey market premium
  • Trade of IPO application at a kostak.

What is Grey Market Premium?

GMP or Grey Market Premium is the premium at which equity shares from the IPO are being traded in the grey market.

This could either be a positive or negative – meaning the trading price in the grey market is either higher or lower than issue price respectively, based on demand and supply for the shares.

Typically, investors who do not want to take the risk of allocation not happening through IPO will buy shares in the gray market and hope to flip the shares on listing to make a good profit.

What is Kostak?

Kostak is the premium at which IPO application is being traded in the grey market. Applications are typically traded after the application window is closed but the allotment has not yet been finished.

It is rare for someone to trade IPO application post-allocation. This is a way for investors to increase their chance of shares being allotted as the allocation process treats each retail application equally. An example (indicative) for kostak is:

Example:

IGL Limited
Issue Price: Rs 306 Per Equity Share (Maximum Bid price)
Lot Size: 45
Grey Market Premium: Rs 220 to Rs 230
Kostak (Rs 13770): Rs 680 to Rs 720

This means IGL IPO applications of Rs 13500 are being traded in IPO Grey Market at Rs 695 to Rs 720.

Despite the fact that this IPO’s Grey Market Premium is roughly 75% of the issue price, the ‘Kostak’ is just 5% of the application value.

As can be seen the Kostak is at a much lower %age than GMP. This indicates that the grey market expects the issue to be oversubscribed and expects on an average only one lot to be allocated per application.

Kostak rate is the amount an investor gets by selling his/her IPO application in grey market. This is the amount an investor stands to gain, irrespective of allotment status.

Subject to Sauda simply reflects the amount which an investor stands to get by selling his/her application for firm allotment. The key operative word here is firm allotment. In case of no allotment to the applicant, the sauda stands cancelled.

In case of ‘Subject to Sauda’ deal, while selling IPO application in the grey market, buyer and seller agree that deal is only valid if the seller will get the allotment. If the seller doesn’t get any shares in IPO process, the deal gets avoid.

Dharmaj Crop Guard IPO GMP TODAY (LIVE DATA) Latest Grey Market Premium Updates

0

Dharmaj Crop Guard IPO GMP Today, Dharmaj Crop Guard IPO Grey Market Premium Updates | Dharmaj IPO Listing Gain, Latest target, Opening gain

Dharmaj Crop Guard IPO date is fixed, the initial public offer (IPO) is to hit the market on Nov 28, 2022, and close on NOV 30, 2022. Dharmaj Crop Guard IPO to raise ₹251.15 Cr via IPO that comprises an offer of up to 10,596,924 Equity Shares of Rs.10 each. The retail quota is 35% with QIB 50% and HNI 15%.

Dharmaj Crop Guard Limited is an agrochemical company. The company is engaged in the business of manufacturing, distributing, and marketing a wide range of agrochemical formulations such as insecticides, fungicides, herbicides, plant growth regulators, micro fertilizers and antibiotics to the B2C and B2B customers.

The company also provides crop protection solutions to the farmer to assist them to maximize productivity and profitability. Dharmaj Crop Guard Limited export products to more than 20 countries in Latin America, East African Countries, the Middle East and Far East Asia.

As of November 30, 2021, Dharmaj Crop Guard Limited had more than 196 institutional products that they sold to more than 600 customers based in India and the international markets. As of November 30, 2021, the company exported its products to more than 60 customers across 20 countries.

Check out Dharmaj Crop Guard IPO grey market premium, Kostak rates, and subject to sauda rates as of today.

Dharmaj Crop Guard IPO Details:

Issuer Dharmaj Crop Guard Ltd
Issue Type Book Built Issue IPO
Issue Period Issue Opens: NOV 28, 2022
Issue Closes: NOV 30, 2022
Price Brand ₹216 to ₹237 Per Share
Issue Size ₹251.15 Cr
Face Value Rs.10 per Equity Share
Market Lot 60 Shares
Maximum Bid amount for Retail ₹199080
QIB 50% of the issue size
NIB 15% of the issue size
Retail Individual Bidders 35% of the issue size
Listing at NSE & BSE
✔️ Apply With ? ANGEL Free DEMAT Account
Equity 10,596,924 Shares

Angel Free Demat Account

Dharmaj Crop Guard IPO GMP Rates day by day

Dharmaj Crop Guard IPO Grey market premium as of today

Date GMP (in INR) Kostak (in INR) Subject to Sauda
03 DEC 2022
02 DEC 2022
01 DEC 2022
30 NOV 2022 ₹54
29 NOV 2022 ₹55
28 NOV 2022 ₹55
27 NOV 2022 ₹50
26 NOV 2022 ₹35
25 NOV 2022 ₹33
24 NOV 2022 ₹25
23 NOV 2022
22 NOV 2022
21 NOV 2022

Dharmaj Crop Guard IPO Market Lot:

Application Lots Shares Amount
Retail (Min) 1 60 ₹14220
Retail (Max) 14 840 ₹199080
S-HNI (Min) 15 900 ₹213300
B-HNI (Min) 71 4260 ₹1009620

Dharmaj Crop Guard IPO Allotment & Listing:

Dharmaj Crop Guard IPO Opening Date: NOV 28, 2022
Dharmaj Crop Guard IPO Closing Date : NOV 30, 2022
Basis of Allotment: DEC 5, 2022
Refunds: DEC 6, 2022
Credit to Demat Account: DEC 6, 2022
Listing Date: DEC 8, 2022

How to Apply for Dharmaj Crop Guard IPO?

If you’re a new investor Open DEMAT Account for free with Angel Broking and build wealth with the best stock choices. Join 1 million+ family of happy customers.

How to Apply Dharmaj Crop Guard IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Dharmaj Crop Guard”. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply Dharmaj Crop Guard IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Dharmaj Crop Guard”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve – mandate. Open Demat Account with Upstox.

In case you have not been allotted or for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before UPI mandate expiry date. Please reach out to your bank in case funds are not unblocked/released post the mandate expiry date.

PARENT COMPANY FOR SHAREHOLDER QUOTA

IPO ALLOTMENT TIPS & TRICKS

Check:- Dharmaj Crop Guard IPO Allotment Status

Disclaimer:

– IPO Grey Market Premium (IPO GMP) mention is valid for the specific date as mentioned in the header.
– We are not buying and selling IPO forms on IPO Grey Market.
– Kostak Rate is the premium one gets by selling his/her IPO application (in an off-market transaction) to someone else even before allotment or listing of the issue.
– Do not subscribe for IPO by just seeing premium Price as it may change anytime before listing. Subscribe only considering Fundamentals of the companies.
– This is only coverage of News related to Grey Market. We don’t deal in Grey market premium, nor do we recommend dealing in Grey Market. Investment decisions based on Grey Market trends can be faulty.

IPO GMP rates are provided as sourced from market intelligence. Please note these IPO GMP rates may be different depending on geographies and markets.

We don’t trade into the grey market nor do we facilitate buying or selling of IPO firms.

What is Grey Market?

Grey Market is the term used to describe an unregulated over-the-counter market for trading IPO applications and IPO shares before the stock is listed at a stock market. This is a way for dealers to support their customers who may want to exit before listing.

This is also a way to boost the listing price and support the issue before listing happens. There are two kinds of transactions that happen in thee IPO grey market:

  • Trade of IPO shares at a grey market premium
  • Trade of IPO application at a kostak.

What is Grey Market Premium?

GMP or Grey Market Premium is the premium at which equity shares from the IPO are being traded in the grey market.

This could either be a positive or negative – meaning the trading price in the grey market is either higher or lower than issue price respectively, based on demand and supply for the shares.

Typically, investors who do not want to take the risk of allocation not happening through IPO will buy shares in the gray market and hope to flip the shares on listing to make a good profit.

What is Kostak?

Kostak is the premium at which IPO application is being traded in the grey market. Applications are typically traded after the application window is closed but the allotment has not yet been finished.

It is rare for someone to trade IPO application post-allocation. This is a way for investors to increase their chance of shares being allotted as the allocation process treats each retail application equally. An example (indicative) for kostak is:

Example:

IGL Limited
Issue Price: Rs 306 Per Equity Share (Maximum Bid price)
Lot Size: 45
Grey Market Premium: Rs 220 to Rs 230
Kostak (Rs 13770): Rs 680 to Rs 720

This means IGL IPO applications of Rs 13500 are being traded in IPO Grey Market at Rs 695 to Rs 720.

Despite the fact that this IPO’s Grey Market Premium is roughly 75% of the issue price, the ‘Kostak’ is just 5% of the application value.

As can be seen the Kostak is at a much lower %age than GMP. This indicates that the grey market expects the issue to be oversubscribed and expects on an average only one lot to be allocated per application.

Kostak rate is the amount an investor gets by selling his/her IPO application in grey market. This is the amount an investor stands to gain, irrespective of allotment status.

Subject to Sauda simply reflects the amount which an investor stands to get by selling his/her application for firm allotment. The key operative word here is firm allotment. In case of no allotment to the applicant, the sauda stands cancelled.

In case of ‘Subject to Sauda’ deal, while selling IPO application in the grey market, buyer and seller agree that deal is only valid if the seller will get the allotment. If the seller doesn’t get any shares in IPO process, the deal gets avoid.

Keystone Realtors IPO GMP TODAY (LIVE DATA) Latest Grey Market Premium Updates

0

Keystone Realtors IPO GMP Today, Keystone Realtors IPO Grey Market Premium Updates | Keystone Realtors IPO Listing Gain, Latest target, Opening gain

Keystone Realtors IPO date is fixed, the initial public offer (IPO) is to hit the market on Nov 3, 2022, and close on NOV 7, 2022. Keystone Realtors IPO to raise ₹635 Cr via IPO that comprises an offer of up to 11,737,523 Equity Shares of Rs.10 each. The retail quota is 35% with QIB 50% and HNI 15%.

Keystone Realtors Limited is one of the prominent real estate developer. The company is engaged primarily in the business of real estate construction, development and other related activities in India.

As of June 30, 2022, the company had 32 Completed Projects, 12 Ongoing Projects and 21 Forthcoming Projects across the Mumbai Metropolitan Region (“MMR”) that includes a comprehensive range of projects under the affordable, mid and mass, aspirational, premium and super premium categories, all under the Rustomjee brand.

June 30, 2022, Keystone Realtors have developed 20.22 million square feet of high-value and affordable residential buildings, premium gated estates, townships, corporate parks, retail spaces, schools, iconic landmarks and various other real estate projects.

As part of the business model, the company is entering into joint development agreements, redevelopment agreements with landowners or developers or societies, and slum rehabilitation projects, which requires lower upfront capital investment compared to direct acquisition of land parcel.

The company have adopted an integrated real estate development model for every stage of the property development life cycle, commencing from business development, which involves the identification of land parcels and the conceptualization of the development, to execution, comprising planning, designing and overseeing the construction activities, marketing and sales.

As of June 30, 2022, The company have developed over 280 buildings and homes for over 14,000 families.

Check out Keystone Realtors IPO grey market premium, Kostak rates, and subject to sauda rates as of today.

Keystone Realtors IPO Details:

Issuer Keystone Realtors Limited
Issue Type Book Built Issue IPO
Issue Period Issue Opens: NOV 14, 2022
Issue Closes: NOV 16, 2022
Price Brand ₹514 to ₹541 Per Share
Issue Size ₹635 Cr
Face Value Rs.10 per Equity Share
Market Lot 27 Shares
Maximum Bid amount for Retail ₹189891
QIB 50% of the issue size
NIB 15% of the issue size
Retail Individual Bidders 35% of the issue size
Listing at NSE & BSE
✔️ Apply With ? UPSTOX Free DEMAT Account
Equity 11,737,523 Shares

Paytm Money

Keystone Realtors IPO GMP Rates day by day

Keystone Realtors IPO Grey market premium as of today

Date GMP (in INR) Kostak (in INR) Subject to Sauda
23 NOV 2022 ₹5
22 NOV 2022 ₹5
21 NOV 2022 ₹5
20 NOV 2022 ₹5
19 NOV 2022 ₹1
18 NOV 2022 ₹5
17 NOV 2022
16 NOV 2022
15 NOV 2022
14 NOV 2022
13 NOV 2022
12 NOV 2022
11 NOV 2022
10 NOV 2022
09 NOV 2022
08 NOV 2022
07 NOV 2022
06 NOV 2022

Keystone Realtors IPO Market Lot:

Application Lots Shares Amount
Retail (Min) 1 27 ₹14607
Retail (Max) 13 351 ₹189891
S-HNI (Min) 14 378 ₹204498
B-HNI (Min) 69 1863 ₹1007883

Keystone Realtors IPO Allotment & Listing:

Keystone Realtors IPO Opening Date: NOV 14, 2022
Keystone Realtors IPO Closing Date : NOV 16, 2022
Basis of Allotment: NOV 21, 2022
Refunds: NOV 22, 2022
Credit to Demat Account: NOV 23, 2022
Listing Date: NOV 24, 2022

How to Apply for Keystone Realtors IPO?

If you’re a new investor Open DEMAT Account for free with Angel Broking and build wealth with the best stock choices. Join 1 million+ family of happy customers.

How to Apply Keystone Realtors IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Keystone Realtors”. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply Keystone Realtors IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Keystone Realtors”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve – mandate. Open Demat Account with Upstox.

In case you have not been allotted or for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before UPI mandate expiry date. Please reach out to your bank in case funds are not unblocked/released post the mandate expiry date.

PARENT COMPANY FOR SHAREHOLDER QUOTA

IPO ALLOTMENT TIPS & TRICKS

Check:- Keystone Realtors IPO Allotment Status

Disclaimer:

– IPO Grey Market Premium (IPO GMP) mention is valid for the specific date as mentioned in the header.
– We are not buying and selling IPO forms on IPO Grey Market.
– Kostak Rate is the premium one gets by selling his/her IPO application (in an off-market transaction) to someone else even before allotment or listing of the issue.
– Do not subscribe for IPO by just seeing premium Price as it may change anytime before listing. Subscribe only considering Fundamentals of the companies.
– This is only coverage of News related to Grey Market. We don’t deal in Grey market premium, nor do we recommend dealing in Grey Market. Investment decisions based on Grey Market trends can be faulty.

IPO GMP rates are provided as sourced from market intelligence. Please note these IPO GMP rates may be different depending on geographies and markets.

We don’t trade into the grey market nor do we facilitate buying or selling of IPO firms.

What is Grey Market?

Grey Market is the term used to describe an unregulated over-the-counter market for trading IPO applications and IPO shares before the stock is listed at a stock market. This is a way for dealers to support their customers who may want to exit before listing.

This is also a way to boost the listing price and support the issue before listing happens. There are two kinds of transactions that happen in thee IPO grey market:

  • Trade of IPO shares at a grey market premium
  • Trade of IPO application at a kostak.

What is Grey Market Premium?

GMP or Grey Market Premium is the premium at which equity shares from the IPO are being traded in the grey market.

This could either be a positive or negative – meaning the trading price in the grey market is either higher or lower than issue price respectively, based on demand and supply for the shares.

Typically, investors who do not want to take the risk of allocation not happening through IPO will buy shares in the gray market and hope to flip the shares on listing to make a good profit.

What is Kostak?

Kostak is the premium at which IPO application is being traded in the grey market. Applications are typically traded after the application window is closed but the allotment has not yet been finished.

It is rare for someone to trade IPO application post-allocation. This is a way for investors to increase their chance of shares being allotted as the allocation process treats each retail application equally. An example (indicative) for kostak is:

Example:

IGL Limited
Issue Price: Rs 306 Per Equity Share (Maximum Bid price)
Lot Size: 45
Grey Market Premium: Rs 220 to Rs 230
Kostak (Rs 13770): Rs 680 to Rs 720

This means IGL IPO applications of Rs 13500 are being traded in IPO Grey Market at Rs 695 to Rs 720.

Despite the fact that this IPO’s Grey Market Premium is roughly 75% of the issue price, the ‘Kostak’ is just 5% of the application value.

As can be seen the Kostak is at a much lower %age than GMP. This indicates that the grey market expects the issue to be oversubscribed and expects on an average only one lot to be allocated per application.

Kostak rate is the amount an investor gets by selling his/her IPO application in grey market. This is the amount an investor stands to gain, irrespective of allotment status.

Subject to Sauda simply reflects the amount which an investor stands to get by selling his/her application for firm allotment. The key operative word here is firm allotment. In case of no allotment to the applicant, the sauda stands cancelled.

In case of ‘Subject to Sauda’ deal, while selling IPO application in the grey market, buyer and seller agree that deal is only valid if the seller will get the allotment. If the seller doesn’t get any shares in IPO process, the deal gets avoid.

INOX GREEN ENERGY SERVICES IPO GMP TODAY (LIVE DATA) Latest Grey Market Premium

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Inox Green Energy Services IPO GMP Today, Inox Green Energy IPO Grey Market Premium Updates | Inox Green Energy IPO Listing Gain, Latest target, Opening gain

Inox Green Energy Services IPO date is fixed, the initial public offer (IPO) is to hit the market on Nov 3, 2022, and close on NOV 7, 2022. Inox Green Energy IPO to raise ₹740 Cr via IPO that comprises an offer of up to 113,846,154 Equity Shares of Rs.10 each. The retail quota is 10% with QIB 75% and HNI 15%.

Inox Green Energy Services Limited is one of the major wind power operation and maintenance (“O&M”) service providers within India. The company is a subsidiary of Inox Wind Limited (“IWL”), a company which is listed on the National Stock Exchange of India Limited and BSE Limited, and part of the Inox GFL group of companies.

Inox Green Energy services Limited provides exclusive O&M services for all WTGs sold by IWL through the entry of long-term O&M contracts between the WTG purchaser and ourselves for terms which typically range between five to 20 years.

The company is engaged in the business of providing long-term O&M services for wind farm projects, specifically the provision of O&M services for wind turbine generators (“WTGs”).

As of March 31, 2022, the company has a team of 393 employees including managers with extensive experience in the O&M of WTGs and the wind industry generally.

Check out Inox Green Energy IPO grey market premium, Kostak rates, and subject to sauda rates as of today.

Inox Green Energy IPO Details:

Issuer Inox Green Energy Services Limited
Issue Type Book Built Issue IPO
Issue Period Issue Opens: NOV 11, 2022
Issue Closes: NOV 15, 2022
Price Brand ₹61 to ₹65 Per Share
Issue Size ₹740 Cr
Face Value Rs.10 per Equity Share
Market Lot 230 Shares
Maximum Bid amount for Retail ₹194350
QIB 75% of the issue size
NIB 15% of the issue size
Retail Individual Bidders 10% of the issue size
Listing at NSE & BSE
✔️ Apply With ? UPSTOX Free DEMAT Account
Equity 113,846,154 Shares

Inox Green Energy IPO GMP Rates day by day

Kaynes Technology IPO Grey market premium as of today

Date GMP (in INR) Kostak (in INR) Subject to Sauda
23 NOV 2022
22 NOV 2022
21 NOV 2022 ₹0
20 NOV 2022 ₹0
19 NOV 2022 ₹0
18 NOV 2022 ₹0
17 NOV 2022 ₹1
16 NOV 2022 ₹-3
15 NOV 2022 ₹5
14 NOV 2022 ₹8
13 NOV 2022 ₹7
12 NOV 2022 ₹7
11 NOV 2022 ₹9
10 NOV 2022 ₹9
09 NOV 2022 ₹8
08 NOV 2022 ₹8
07 NOV 2022 ₹6
06 NOV 2022 ₹6

Inox Green Energy IPO Market Lot:

Application Lots Shares Amount
Retail (Min) 1 230 ₹14950
Retail (Max) 13 2990 ₹194350
S-HNI (Min) 14 3220 ₹209300
B-HNI (Min) 67 15410 ₹1001650

Inox Green Energy IPO Allotment & Listing:

Inox Green Energy IPO Opening Date: NOV 11, 2022
Inox Green Energy IPO Closing Date : NOV 15, 2022
Basis of Allotment: NOV 18, 2022
Refunds: NOV 21, 2022
Credit to Demat Account: NOV 22, 2022
Listing Date: NOV 23, 2022

How to Apply for Inox Green Energy IPO?

If you’re a new investor Open DEMAT Account for free with Angel Broking and build wealth with the best stock choices. Join 1 million+ family of happy customers.

How to Apply Inox Green Energy IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Inox Green Energy”. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply Inox Green Energy IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Inox Green Energy”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve – mandate. Open Demat Account with Upstox.

In case you have not been allotted or for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before UPI mandate expiry date. Please reach out to your bank in case funds are not unblocked/released post the mandate expiry date.

PARENT COMPANY FOR SHAREHOLDER QUOTA

IPO ALLOTMENT TIPS & TRICKS

Check:- Inox Green Energy IPO Allotment Status

Disclaimer:

– IPO Grey Market Premium (IPO GMP) mention is valid for the specific date as mentioned in the header.
– We are not buying and selling IPO forms on IPO Grey Market.
– Kostak Rate is the premium one gets by selling his/her IPO application (in an off-market transaction) to someone else even before allotment or listing of the issue.
– Do not subscribe for IPO by just seeing premium Price as it may change anytime before listing. Subscribe only considering Fundamentals of the companies.
– This is only coverage of News related to Grey Market. We don’t deal in Grey market premium, nor do we recommend dealing in Grey Market. Investment decisions based on Grey Market trends can be faulty.

IPO GMP rates are provided as sourced from market intelligence. Please note these IPO GMP rates may be different depending on geographies and markets.

We don’t trade into the grey market nor do we facilitate buying or selling of IPO firms.

What is Grey Market?

Grey Market is the term used to describe an unregulated over-the-counter market for trading IPO applications and IPO shares before the stock is listed at a stock market. This is a way for dealers to support their customers who may want to exit before listing.

This is also a way to boost the listing price and support the issue before listing happens. There are two kinds of transactions that happen in thee IPO grey market:

  • Trade of IPO shares at a grey market premium
  • Trade of IPO application at a kostak.

What is Grey Market Premium?

GMP or Grey Market Premium is the premium at which equity shares from the IPO are being traded in the grey market.

This could either be a positive or negative – meaning the trading price in the grey market is either higher or lower than issue price respectively, based on demand and supply for the shares.

Typically, investors who do not want to take the risk of allocation not happening through IPO will buy shares in the gray market and hope to flip the shares on listing to make a good profit.

What is Kostak?

Kostak is the premium at which IPO application is being traded in the grey market. Applications are typically traded after the application window is closed but the allotment has not yet been finished.

It is rare for someone to trade IPO application post-allocation. This is a way for investors to increase their chance of shares being allotted as the allocation process treats each retail application equally. An example (indicative) for kostak is:

Example:

IGL Limited
Issue Price: Rs 306 Per Equity Share (Maximum Bid price)
Lot Size: 45
Grey Market Premium: Rs 220 to Rs 230
Kostak (Rs 13770): Rs 680 to Rs 720

This means IGL IPO applications of Rs 13500 are being traded in IPO Grey Market at Rs 695 to Rs 720.

Despite the fact that this IPO’s Grey Market Premium is roughly 75% of the issue price, the ‘Kostak’ is just 5% of the application value.

As can be seen the Kostak is at a much lower %age than GMP. This indicates that the grey market expects the issue to be oversubscribed and expects on an average only one lot to be allocated per application.

Kostak rate is the amount an investor gets by selling his/her IPO application in grey market. This is the amount an investor stands to gain, irrespective of allotment status.

Subject to Sauda simply reflects the amount which an investor stands to get by selling his/her application for firm allotment. The key operative word here is firm allotment. In case of no allotment to the applicant, the sauda stands cancelled.

In case of ‘Subject to Sauda’ deal, while selling IPO application in the grey market, buyer and seller agree that deal is only valid if the seller will get the allotment. If the seller doesn’t get any shares in IPO process, the deal gets avoid.

KAYNES TECHNOLOGY IPO GMP TODAY (LIVE DATA) Latest Grey Market Premium Updates

0

Kaynes Technology IPO GMP Today, Kaynes Technology IPO Grey Market Premium Updates | Kaynes IPO Listing Gain, Latest target, Opening gain

Kaynes Technology IPO date is fixed, the initial public offer (IPO) is to hit the market on Nov 10, 2022, and close on NOV 14, 2022. Kaynes Technology IPO to raise ₹857.82 Cr via IPO that comprises an offer of up to 29,373,984 Equity Shares of Rs.1 each. The retail quota is 35% with QIB 50% and HNI 15%.

Kaynes Technology is a leading end-to-end and IoT solutions-enabled integrated electronics manufacturing company. The company provides conceptual design, process engineering, integrated manufacturing and life-cycle support for major players in the automotive, industrial, aerospace and defence, outer-space, nuclear, medical, railways, Internet of Things (“IoT”), Information Technology (“IT”) and other segments.

The company is among the first companies in India to offer design-led electronics manufacturing to original equipment manufacturers (“OEMs”).

The company’s operations are classified under the following business verticals:

  • OEM – Turnkey Solutions – Box Build (“OEM – Box Build”).
  • OEM – Turnkey Solutions – Printed Circuit Board Assemblies (“PCBAs”) (“OEM – Turnkey Solutions”).
  • ODM: The company offers ODM services in smart metering technology, smart street lighting, and brushless DC (“BLDC”) technology.

Product Engineering and IoT Solutions: The company offer conceptual design and product engineering services in industrial and consumer segments.

Check out Kaynes Tech IPO grey market premium, Kostak rates, and subject to sauda rates as of today.

Kaynes Tech IPO Details:

Issuer Kaynes Technology Limited
Issue Type Book Built Issue IPO
Issue Period Issue Opens: NOV 10, 2022
Issue Closes: NOV 14, 2022
Price Brand ₹559 to ₹587 Per Share
Issue Size ₹857.82 Cr
Face Value Rs.10 per Equity Share
Market Lot 25 Shares
Maximum Bid amount for Retail ₹190775
QIB 50% of the issue size
NIB 15% of the issue size
Retail Individual Bidders 35% of the issue size
Listing at NSE & BSE
✔️ Apply With ? UPSTOX Free DEMAT Account
Equity 29,373,984 Shares

Kaynes IPO GMP Rates day by day

Kaynes Technology IPO Grey market premium as of today

Date GMP (in INR) Kostak (in INR) Subject to Sauda
23 NOV 2022
22 NOV 2022
21 NOV 2022 ₹200
20 NOV 2022 ₹220
19 NOV 2022 ₹190
18 NOV 2022 ₹190 ₹600 ₹900
17 NOV 2022 ₹170 ₹600 ₹900
16 NOV 2022 ₹125 ₹600 ₹900
15 NOV 2022 ₹120 ₹600 ₹900
14 NOV 2022 ₹110 ₹350 ₹900
13 NOV 2022 ₹100 ₹350 ₹900
12 NOV 2022 ₹85 ₹350
11 NOV 2022 ₹75 ₹300
10 NOV 2022 ₹11
09 NOV 2022 ₹10
08 NOV 2022
07 NOV 2022
06 NOV 2022

Kaynes Technology IPO Market Lot:

Application Lots Shares Amount
Retail (Min) 1 25 ₹14675
Retail (Max) 13 325 ₹190775
S-HNI (Min) 14 350 ₹205450
B-HNI (Min) 69 1725 ₹1012575

Kaynes Technology IPO Allotment & Listing:

Kaynes Technology IPO Opening Date: NOV 10, 2022
Kaynes Technology IPO Closing Date : NOV 14, 2022
Basis of Allotment: NOV 17, 2022
Refunds: NOV 18, 2022
Credit to Demat Account: NOV 21, 2022
Listing Date: NOV 22, 2022

How to Apply for Kaynes Technology IPO?

If you’re a new investor Open DEMAT Account for free with Angel Broking and build wealth with the best stock choices. Join 1 million+ family of happy customers.

How to Apply Kaynes Technology IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Kaynes Technology”. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply Kaynes Technology IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Kaynes Technology”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve – mandate. Open Demat Account with Upstox.

In case you have not been allotted or for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before UPI mandate expiry date. Please reach out to your bank in case funds are not unblocked/released post the mandate expiry date.

PARENT COMPANY FOR SHAREHOLDER QUOTA

IPO ALLOTMENT TIPS & TRICKS

Check:- Kaynes Technology IPO Allotment Status

Disclaimer:

– IPO Grey Market Premium (IPO GMP) mention is valid for the specific date as mentioned in the header.
– We are not buying and selling IPO forms on IPO Grey Market.
– Kostak Rate is the premium one gets by selling his/her IPO application (in an off-market transaction) to someone else even before allotment or listing of the issue.
– Do not subscribe for IPO by just seeing premium Price as it may change anytime before listing. Subscribe only considering Fundamentals of the companies.
– This is only coverage of News related to Grey Market. We don’t deal in Grey market premium, nor do we recommend dealing in Grey Market. Investment decisions based on Grey Market trends can be faulty.

IPO GMP rates are provided as sourced from market intelligence. Please note these IPO GMP rates may be different depending on geographies and markets.

We don’t trade into the grey market nor do we facilitate buying or selling of IPO firms.

What is Grey Market?

Grey Market is the term used to describe an unregulated over-the-counter market for trading IPO applications and IPO shares before the stock is listed at a stock market. This is a way for dealers to support their customers who may want to exit before listing.

This is also a way to boost the listing price and support the issue before listing happens. There are two kinds of transactions that happen in thee IPO grey market:

  • Trade of IPO shares at a grey market premium
  • Trade of IPO application at a kostak.

What is Grey Market Premium?

GMP or Grey Market Premium is the premium at which equity shares from the IPO are being traded in the grey market.

This could either be a positive or negative – meaning the trading price in the grey market is either higher or lower than issue price respectively, based on demand and supply for the shares.

Typically, investors who do not want to take the risk of allocation not happening through IPO will buy shares in the gray market and hope to flip the shares on listing to make a good profit.

What is Kostak?

Kostak is the premium at which IPO application is being traded in the grey market. Applications are typically traded after the application window is closed but the allotment has not yet been finished.

It is rare for someone to trade IPO application post-allocation. This is a way for investors to increase their chance of shares being allotted as the allocation process treats each retail application equally. An example (indicative) for kostak is:

Example:

IGL Limited
Issue Price: Rs 306 Per Equity Share (Maximum Bid price)
Lot Size: 45
Grey Market Premium: Rs 220 to Rs 230
Kostak (Rs 13770): Rs 680 to Rs 720

This means IGL IPO applications of Rs 13500 are being traded in IPO Grey Market at Rs 695 to Rs 720.

Despite the fact that this IPO’s Grey Market Premium is roughly 75% of the issue price, the ‘Kostak’ is just 5% of the application value.

As can be seen the Kostak is at a much lower %age than GMP. This indicates that the grey market expects the issue to be oversubscribed and expects on an average only one lot to be allocated per application.

Kostak rate is the amount an investor gets by selling his/her IPO application in grey market. This is the amount an investor stands to gain, irrespective of allotment status.

Subject to Sauda simply reflects the amount which an investor stands to get by selling his/her application for firm allotment. The key operative word here is firm allotment. In case of no allotment to the applicant, the sauda stands cancelled.

In case of ‘Subject to Sauda’ deal, while selling IPO application in the grey market, buyer and seller agree that deal is only valid if the seller will get the allotment. If the seller doesn’t get any shares in IPO process, the deal gets avoid.

Five Star Business Finance IPO GMP TODAY (LIVE DATA) Latest Grey Market Premium Updates

0

Five Star Business Finance IPO GMP Today, Five Star IPO Grey Market Premium Updates | Five Star Finance IPO Listing Gain, Latest target, Opening gain

Five Star Business Finance IPO date is fixed, the initial public offer (IPO) is to hit the market on Nov 9, 2022, and close on NOV 11, 2022. Five Star Business Finance IPO to raise ₹1960 Cr via IPO that comprises an offer of up to 41,351,266 Equity Shares of Rs.1 each. The retail quota is 35% with QIB 50% and HNI 15%.

Five Star Business Finance Limited is an NBFC-ND-SI (Non-Banking Finance Company) providing secured business loans to micro-entrepreneurs and self-employed individuals. The company has an extensive network of 311 branches, as of June 30, 2022, spread across eight states and one union territory and approximately 150 districts across India, with Tamil Nadu, Andhra Pradesh, Telangana and Karnataka being the key states.

Five Star Business Finance Limited has created a business model based on identifying an appropriate risk framework and the ideal instalment-to-income ratio to make sure that customers have the resources to repay the loan after meeting their regular obligations and other event-based capital requirements.

The company is headquartered in Chennai, Tamil Nadu with a strong presence in south India. As of September 30, 2021, we had a total of 4,306 employees.

The company has provided loans to more than 185,000 customers in total. They had an active loan base of 230,175 and 217,745 as of June 30, 2022, and March 31, 2022, respectively.

Check out Five Star Business Finance IPO grey market premium, Kostak rates, and subject to sauda rates as of today.

Five Star Business Finance IPO Details:

Issuer Five Star Business Finance Limited
Issue Type Book Built Issue IPO
Issue Period Issue Opens: NOV 9, 2022
Issue Closes: NOV 11, 2022
Price Brand ₹450 to ₹474 Per Share
Issue Size ₹1960.01 Cr
Face Value Rs.1 per Equity Share
Market Lot 31 Shares
Maximum Bid amount for Retail ₹191022
QIB 50% of the issue size
NIB 15% of the issue size
Retail Individual Bidders 35% of the issue size
Listing at NSE & BSE
✔️ Apply With ? UPSTOX Free DEMAT Account
Equity 41,351,266 Shares

Paytm Money Demat

Five Star Finance IPO GMP Rates day by day

Five Star Finance IPO Grey market premium as of today

Date GMP (in INR) Kostak (in INR) Subject to Sauda
21 NOV 2022
20 NOV 2022
19 NOV 2022
18 NOV 2022
17 NOV 2022 ₹0
16 NOV 2022 ₹-7
15 NOV 2022 ₹-7
14 NOV 2022
13 NOV 2022
12 NOV 2022 ₹-5
11 NOV 2022
10 NOV 2022
09 NOV 2022
08 NOV 2022 ₹1
07 NOV 2022
06 NOV 2022 ₹1

Five Star Finance IPO Market Lot:

Application Lots Shares Amount
Retail (Min) 1 31 ₹14694
Retail (Max) 13 650 ₹191022
S-HNI (Min) 14 700 ₹205716
B-HNI (Min) 67 3350 ₹1013886

Five Star Finance IPO Allotment & Listing:

Five Star Business Finance IPO Opening Date: NOV 09, 2022
Five Star Business Finance IPO Closing Date : NOV 11, 2022
Basis of Allotment: NOV 16, 2022
Refunds: NOV 17, 2022
Credit to Demat Account: NOV 18, 2022
Listing Date: NOV 21, 2022

How to Apply for Five Star Finance IPO?

If you’re a new investor Open DEMAT Account for free with Angel Broking and build wealth with the best stock choices. Join 1 million+ family of happy customers.

How to Apply Five Star Finance IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Five Star Business Finance”. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply Five Star Finance IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Five Star Business Finance”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve – mandate. Open Demat Account with Upstox.

In case you have not been allotted or for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before UPI mandate expiry date. Please reach out to your bank in case funds are not unblocked/released post the mandate expiry date.

PARENT COMPANY FOR SHAREHOLDER QUOTA

IPO ALLOTMENT TIPS & TRICKS

Check:- Five Star Business Finance IPO Allotment Status

Disclaimer:

– IPO Grey Market Premium (IPO GMP) mention is valid for the specific date as mentioned in the header.
– We are not buying and selling IPO forms on IPO Grey Market.
– Kostak Rate is the premium one gets by selling his/her IPO application (in an off-market transaction) to someone else even before allotment or listing of the issue.
– Do not subscribe for IPO by just seeing premium Price as it may change anytime before listing. Subscribe only considering Fundamentals of the companies.
– This is only coverage of News related to Grey Market. We don’t deal in Grey market premium, nor do we recommend dealing in Grey Market. Investment decisions based on Grey Market trends can be faulty.

IPO GMP rates are provided as sourced from market intelligence. Please note these IPO GMP rates may be different depending on geographies and markets.

We don’t trade into the grey market nor do we facilitate buying or selling of IPO firms.

What is Grey Market?

Grey Market is the term used to describe an unregulated over-the-counter market for trading IPO applications and IPO shares before the stock is listed at a stock market. This is a way for dealers to support their customers who may want to exit before listing.

This is also a way to boost the listing price and support the issue before listing happens. There are two kinds of transactions that happen in thee IPO grey market:

  • Trade of IPO shares at a grey market premium
  • Trade of IPO application at a kostak.

What is Grey Market Premium?

GMP or Grey Market Premium is the premium at which equity shares from the IPO are being traded in the grey market.

This could either be a positive or negative – meaning the trading price in the grey market is either higher or lower than issue price respectively, based on demand and supply for the shares.

Typically, investors who do not want to take the risk of allocation not happening through IPO will buy shares in the gray market and hope to flip the shares on listing to make a good profit.

What is Kostak?

Kostak is the premium at which IPO application is being traded in the grey market. Applications are typically traded after the application window is closed but the allotment has not yet been finished.

It is rare for someone to trade IPO application post-allocation. This is a way for investors to increase their chance of shares being allotted as the allocation process treats each retail application equally. An example (indicative) for kostak is:

Example:

IGL Limited
Issue Price: Rs 306 Per Equity Share (Maximum Bid price)
Lot Size: 45
Grey Market Premium: Rs 220 to Rs 230
Kostak (Rs 13770): Rs 680 to Rs 720

This means IGL IPO applications of Rs 13500 are being traded in IPO Grey Market at Rs 695 to Rs 720.

Despite the fact that this IPO’s Grey Market Premium is roughly 75% of the issue price, the ‘Kostak’ is just 5% of the application value.

As can be seen the Kostak is at a much lower %age than GMP. This indicates that the grey market expects the issue to be oversubscribed and expects on an average only one lot to be allocated per application.

Kostak rate is the amount an investor gets by selling his/her IPO application in grey market. This is the amount an investor stands to gain, irrespective of allotment status.

Subject to Sauda simply reflects the amount which an investor stands to get by selling his/her application for firm allotment. The key operative word here is firm allotment. In case of no allotment to the applicant, the sauda stands cancelled.

In case of ‘Subject to Sauda’ deal, while selling IPO application in the grey market, buyer and seller agree that deal is only valid if the seller will get the allotment. If the seller doesn’t get any shares in IPO process, the deal gets avoid.