Global Surfaces IPO GMP – Check Latest IPO Grey Market Premium
Last Updated Date: Mar 24, 2023Global Surfaces is about to release its IPO on Mar 13, 2023. The issue is closing on Mar 15, 2023, and is currently having an active grey market. The Global Surfaces IPO GMP is running at a stable rate as per the current situation.
In IPO, the GMP or the Grey Market Premium is the premium amount at which the IPO shares are traded before getting listed in the stock market.
However, the QIB and the HNI numbers are the key indicators of GMP in the case of Global Surfaces IPO. The company is intended to raise Rs 154.98 Crore by the released issue.
Global Surfaces IPO GMP Rates, Kotak rates & SS
This particular table represents everything related to the IPO event from its opening and closing date along with the face value of the issue. You can check this table related to know the IPO size, and price band listing details, and more.
| Date | GMP (in INR) | Kostak (in INR) | Subject to Sauda (in INR) |
| 24 Mar 2023 | Rs 15 | NA | NA |
| 23 Mar 2023 | Rs 15 | NA | NA |
| 22 Mar 2023 | Rs 15 | NA | NA |
| 21 Mar 2023 | Rs 15 | NA | NA |
| 20 Mar 2023 | Rs 15 | NA | NA |
| 18 Mar 2023 | Rs 15 | NA | NA |
| 17 Mar 2023 | Rs 10 | NA | NA |
| 16 Mar 2023 | Rs 20 | NA | Rs 20,000 |
| 15 Mar 2023 | Rs 20 | NA | Rs 20,000 |
| 14 Mar 2023 | Rs 30 | NA | Rs 25,000 |
| 13 Mar 2023 | Rs 50 | NA | Rs 25,000 |
| 10 Mar 2023 | Rs 50 | NA | Rs 25,000 |
| 09 Mar 2023 | Rs 60 | NA | Rs 25,000 |
| 08 Mar 2023 | NA | NA | NA |
| 07 Mar 2023 | NA | NA | NA |
| 06 Mar 2023 | NA | NA | NA |
| 04 Mar 2023 | NA | NA | NA |
| 03 Mar 2023 | NA | NA | NA |
| 02 Mar 2023 | NA | NA | NA |
| 01 Mar 2023 | NA | NA | NA |
Check out Related IPO Links:
| Review Global Surfaces IPO |
| Global Surfaces IPO Allotment |
| LIVE Subscription – Global Surfaces IPO |
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Global Surfaces IPO Date / Timetable
Here, you will find the important dates and events of this IPO. Check the allotment status, and visit us again once the subscription date is over.
| IPO Open Date | Mar 13, 2023 |
| IPO Close Date | Mar 15, 2023 |
| Basis of Allotment Date | Mar 20, 2023 |
| Initiation of Refunds | Mar 21, 2023 |
| Credit of Shares to Demat Account | Mar 22, 2023 |
| IPO Listing Date | Mar 23, 2023 |
Global Surfaces IPO – Financial Performance
The below-given table will give you an overall idea of the company’s financial performance. Check their net profit and loss statement about Global Surfaces IPO.
| Amount (in INR & Million) | |||
| 31-Mar-22 | 31-Mar-21 | Mar-20 | |
| Assets | 2,364.82 | 1,589.97 | 1,287.29 |
| Revenue | 1,983.57 | 1,790.04 | 1,657.80 |
| Expense | 1,622.51 | 1,444.74 | 1,450.59 |
| Profit After Tax | 356.34 | 339.32 | 209.64 |
Earnings per Equity Share (in Million)
| Earnings per Equity Share (in Million) | |||
| 31-Mar-22 | 31-Mar-21 | Mar-20 | |
| Basic & Diluted | 10.52 | 10.02 | 6.19 |
FAQs Related to Global Surfaces IPO GMP
What is the current Global Surfaces IPO GMP Price?
As on today, the Global Surfaces IPO GMP is Rs 15.
What is the current Global Surfaces IPO Kostak Rate?
The Kostak rate is Rs NA for Global Surfaces IPO.
What is today’s Global Surfaces IPO Subject to Sauda Rate?
As on today, the Global Surfaces IPO Subject to Sauda is Rs Rs NA.
Where to Check Global Surfaces IPO Allotment & Listing?
However, if you don’t want to miss out on the issue’s allotment status and the listing, you can refer to this LINK given here: IPO Allotment Status
What is Kostak Price?
To apply for an IPO, there is an application price or application charges that come along and is known as Kostak price. It is actually the premium amount at which IPO applications are being traded in the grey market.
Is GREY market buy or sell shares illegal?
Grey Market is basically trading that takes place before the stock of a company gets enlisted on the stock exchange. It takes place before the IPO release and the prices may change at any time. Hence, it is unofficial trading and hence, not “illegal”.
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Disclaimer:
The Global Surfaces IPO GMP which is mentioned in the table here is only valid for a specific date as mentioned in the header section. The Kostak is the premium that one gets by selling her/his IPO application to someone else before listing the issue. They can sell it in an off-market transaction. However, we aren’t buying/selling IPO forms on the IPO Grey market.
It is also requested that please do not subscribe for an IPO by just seeing the premium price. The reason being, the premium price varies and can change anytime before listing. Please subscribe only after considering the fundamentals of the companies.