Paytm IPO GMP, Grey Market Premium & Kostak Rates Today (2024)

FAQs

What was the GMP for Paytm IPO? ›

The last GMP for Paytm IPO was ₹-30, updated on Nov 18th 2021 07:59 AM. As per the last GMP, the expected profit/loss for the IPO was -1.40%. The issue price of Paytm IPO (PAYTM,543396) was ₹2150, listed at a price of ₹1950.00, which is -9.30% lower than the allotment price.

GMP is the price an investor is willing to pay above the IPO issue price in the IPO grey market. The listing price is the opening price of the shares on its first day of trading. GMP is a term used in the IPO grey market/unregulated markets.

GMP can be considered as one of the indicators of how well an IPO can perform. It shows the difference between what people are willing to pay for shares before they're listed and their face value.

Determine the GMP: To determine the GMP, subtract the issue price from the grey market price. For example, if the issue price is Rs. 100 per share and the grey market price is Rs. 102 per share, the GMP would be Rs.

Paytm's mammoth initial public offering, India's largest such sale, drew bids for 1.89 times the shares on offer, as institutional investors bid aggressively on the third and final day of the share sale.

What is GMP? Grey market premium or GMP is a premium amount paid at which initial public offering (IPO) shares are traded before it is listed on the stock exchanges.

While not always reliable, in most cases, the GMP serves as a reasonably accurate indicator for the IPO's listing price.

How do you know if an IPO will be successful? ›

A common indicator of success is the appreciation in share price from the IPO to the current trading price. The new investors and management focus on the returns from the IPO price to the current trading price.

As it's over the counter market, there are no official people or business you can approach for IPO Grey Market trading. If you are interested in buying or selling IPO stocks in Grey Market, you have to find a local dealer who can find buyers or sellers for you.

The trading done in the grey market stocks in India is legal and unofficial. The trades that have been carried out cannot be settled until the official trading commences.

Grey market premium or GMP is a premium amount paid at which initial public offering (IPO) shares are traded before it is listed on the stock exchanges. For instance, LIC fixes its IPO price at Rs 90 per share and its IPO GMP is 50, then the organisation will get listed at Rs 140.90.

LIC was listed on the stock exchange on 17-05-2022. The IPO was subscribed 2.95x. The last GMP for LIC IPO was ₹-26, updated on May 17th 2022 09:29 AM. As per the last GMP, the expected profit/loss for the IPO was -2.74%.

Zomato was listed on the stock exchange on 23-07-2021. The IPO was subscribed 38.25x. The last GMP for Zomato IPO was ₹22, updated on Jul 23rd 2021 09:07 AM. As per the last GMP, the expected profit/loss for the IPO was 28.95%.