How is estimated profit calculated?

Estimated Profit = (Expected Listing Price − Issue Price) × Shares.

No. GMP is unofficial and can change daily before listing.

Should I apply only because GMP is high?

No. Read the RHP, understand risks, and treat GMP as sentiment — not a promise of listing gains.

Profit estimates often assume full allotment. Retail lotteries may allot fewer lots or none.

Expected Listing Price = Issue Price + GMP. Estimate profit if the stock lists near grey-market levels.

Issue price₹100

₹

₹1₹10,000

GMP (premium)₹25

₹

₹-500₹10000

Lot size (shares)100

150000

Lots applied1

1500

Expected listing price

₹125

Issue price + GMP

Estimated profit

₹2,500

On 100 shares

Investment

₹10,000

Return %

25.0%

If listed at issue + GMP

Estimate expected listing price as issue price + GMP and profit on your shares.

Enter issue price, GMP, lot size and lots. Read expected listing price, investment and profit.

Stress-test with a lower GMP — grey premiums swing fast.

Listing can open far from GMP.

How is expected listing price calculated?: Expected Listing Price = Issue Price + GMP.
How is estimated profit calculated?: Estimated Profit = (Expected Listing Price − Issue Price) × Shares.
Is GMP guaranteed?: No. GMP is unofficial and can change daily before listing.
Should I apply only because GMP is high?: No. Read the RHP, understand risks, and treat GMP as sentiment — not a promise of listing gains.
What if allotment is partial?: Profit estimates often assume full allotment. Retail lotteries may allot fewer lots or none.