Disclaimer

No financial information whatsoever published anywhere, within this website, should be considered as an advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever. All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions. We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published on this website. The information on the Website is based on information available as on date coupled with market perceptions. You agree with the terms and conditions to use the Website.

Grey market premium (GMP)

Grey market premium has no primary source. No exchange publishes it and no regulator audits it — every figure traces back to private dealers quoting each other on thin volume. The GMP, Kostak and subject-to-sauda numbers shown on IPOSathi are indicative sentiment readings collected from public sources; they are not a forecast of the listing price and routinely differ from it in both directions. Read what GMP actually is and how accurate it has been before relying on it.

Accuracy of data

IPO details — price bands, dates, lot sizes, subscription figures, allotment and listing data — are aggregated from public sources including exchange filings, registrars and issuer prospectuses, and can change or contain errors. Always verify against the red herring prospectus and the registrar or exchange before acting. IPOSathi is not liable for any loss arising from the use of information on this site.

Not investment advice

Nothing on IPOSathi constitutes an offer, solicitation or recommendation to buy, sell or subscribe to any security. We are not SEBI-registered investment advisers or research analysts. IPO investing carries risk, including the risk of listing below the issue price. Consult a SEBI-registered adviser before making any investment decision.