India Pesticides IPO GMP – Check Latest IPO Grey Market Premium
Last Updated Date: Nov 17, 2022India Pesticides is about to release its IPO on Jun 23, 2021. The issue is closing on Jun 25, 2021, and is currently having an active grey market. The India Pesticides 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 India Pesticides IPO. The company is intended to raise Rs 800 crore by the released issue.
India Pesticides 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, price band along with listing details, and more.
| Date | GMP (in INR) | Kostak (in INR) | Subject to Sauda (in INR) |
| 5 July | Rs. 65 | Rs. 0 | Rs. 0 |
| 4 July | Rs. 60 | Rs. 0 | Rs. 0 |
| 3 July | Rs. 60 | Rs. 0 | Rs. 0 |
| 2 July | Rs. 60 | Rs. 0 | Rs. 0 |
| 1 July | Rs. 60 | Rs. 0 | Rs. 0 |
| 30 June | Rs. 50 | Rs. 0 | Rs. 0 |
| 29 June | Rs. 50 | Rs. 250 | Rs. 1500 |
| 28 June | Rs. 50 | Rs. 250 | Rs. 1500 |
| 27 June | Rs. 50 | Rs. 250 | Rs. 1500 |
| 26 June | Rs. 60 | Rs. 250 | Rs. 2000 |
| 25 June | Rs. 50 | Rs. 250 | Rs. 2000 |
| 24 June | Rs. 50 | Rs. 250 | Rs. 2500 |
| 23 June | Rs. 60 | Rs. 250 | Rs. 2500 |
| 22 June | Rs. 90 | Rs. 400 | Rs. 4500 |
| 21 June | Rs. 100 | Rs. 400 | Rs. 4500 |
| 20 June | Rs. 90 | Rs. 400 | Rs. 4500 |
| 19 June | Rs. 90 | Rs. 400 | Rs. 4500 |
| 18 June | Rs. 0 | Rs. 0 | Rs. 0 |
| 17 June | Rs. 0 | Rs. 0 | Rs. 0 |
| 16 June | Rs. 0 | Rs. 0 | Rs. 0 |
Check out Related IPO Links:
| Review India Pesticides IPO |
| India Pesticides IPO Allotment |
| LIVE Subscription – India Pesticides IPO |
| India Pesticides Share Price |
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India Pesticides IPO Date / Timetable
Here, you will find the important dates and events of this IPO. Check the allotment status, visit us again once the subscription date is over.
| IPO Open Date | Jun 23, 2021 |
| IPO Close Date | Jun 25, 2021 |
| Basis of Allotment Date | Jun 30, 2021 |
| Initiation of Refunds | Jul 1, 2021 |
| Credit of Shares to Demat Account | Jul 2, 2021 |
| IPO Listing Date | Jul 5, 2021 |
India Pesticides IPO – Financial Performance
The below-given table will give you the overall idea of the company’s financial performance. Check their net profit and loss statement about India Pesticides IPO.
| Amount (in INR & Million) | ||||||
| 31 Mar 21 | Sep 20 | Sep 19 | Mar 20 | Mar 19 | *Mar 18 | |
| Total Assets | 5,170.80 | 4,927.12 | 3,516.72 | 3,657.02 | 3,172.37 | 2,403.62 |
| *Total Revenue | 6,553.77 | 3,372.43 | 2,226.41 | 4,897.27 | 3,460.42 | 2,558.57 |
| Total Expense | – | 2,394.37 | 1,863.63 | 3,963.58 | 2,849.42 | 2,056.75 |
| Profit After Tax | 1,345.32 | 724.97 | 269.01 | 707.99 | 439.21 | 328.06 |
Earnings per Equity Share (in Million)
| Sep 20 | Sep 19 | Mar 20 | Mar 19 | *Mar 18 | |
| Basic | 6.51 | 2.41 | 6.35 | 3.94 | 2.94 |
| Diluted | 6.51 | 2.41 | 6.35 | 3.94 | 2.94 |
FAQs Related to India Pesticides IPO GMP
What is the current India Pesticides IPO GMP Price?
As of today, the India Pesticides IPO GMP is Rs 65.
What is the current India Pesticides IPO Kostak Rate?
The Kostak rate is Rs 0 for India Pesticides IPO.
What is today’s India Pesticides IPO Subject to Sauda Rate?
As of today, the India Pesticides IPO Subject to Sauda is Rs 0.
Where to Check India Pesticides 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: https://top10stockbroker.com/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 India Pesticides 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. He or she 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.