What is the difference between Grey Market and Gray Market?

'Grey market' and 'gray market' are simply spelling variations of the same unofficial over-the-counter market where IPO applications and shares trade prior to listing on BSE and NSE.

Is Prestige Hospitality Ventures IPO GMP official?

No, Grey Market Premium (GMP) is an informal, unorganized market price indicator and is not recognized by SEBI, BSE, or NSE. It fluctuates based on market demand and investor sentiment.

PRESTIGEHOSPITALITYVENTURESEQ / NSE, BSEUpcoming

Prestige Hospitality Ventures

Prestige Hotel Ventures is a hotel asset owner and developer focused on luxury, upper upscale, and upper midscale hospitality segments catering to both business and leisure travelers across India, and is promoted by the Prestige Group with backing from Prestige Estates Projects Limited (PEPL), a well-established real estate developer with 38 years of experience and a market capitalization of ₹729.66 billion as of December 31, 2024. PEPL has a diversified presence across residential, commercial, hospitality, and retail segments, with a hospitality portfolio comprising operating, ongoing, and upcoming assets. As of December 31, 2024, the portfolio includes seven operating hotels with 1,445 keys (including one under renovation with 190 keys), three ongoing projects with 951 expected keys, and nine upcoming projects with 1,558 anticipated keys, located in major cities such as Bengaluru, Delhi-NCR, Mumbai, Goa, Hyderabad, and Chennai. As of December 2024, the company employed 1,638 permanent staff.

DRHP

₹0 - ₹0GMP ₹0Open

GMP₹0

Est. Listing PriceTBA

PRESTIGEHOSPITALITYVENTURESEQ / NSE, BSEUpcoming

Prestige Hospitality Ventures IPO GMP

DRHP Document

Price Band₹0

Lot Size0 shares

Min Bid₹0

SubscriptionTracking

GMP

₹0Rates to be announced

Flatno premium

Issue Amount

₹2,700 Cr

Listed Price

Awaiting Listing

Current Price

N/A (Pre-Listing)

Registrar

Kfin Technologies Limited

Grey Market Premium (GMP)

₹0Latest GMP

Interactive 5-Day GMP Trend Curve

No GMP trend data currently available

GMP Milestone Daily Ledger

Milestone DateDate	Premium GMPGMP	Est. Listing PriceEst. Listing	Proj. Profit / LotLot Profit

Prestige Hospitality Ventures IPO Grey Market Premium (GMP) Today & Listing Gain Estimation (2026)

The Grey Market Premium (GMP) for Prestige Hospitality Ventures (PRESTIGEHOSPITALITYVENTURES) IPO represents the unofficial premium at which equity shares are traded in the grey market prior to their official exchange listing. Today, Prestige Hospitality Ventures IPO GMP is recorded at ₹0. The official price band is to be announced. Compare this with all other upcoming issues on our Live IPO GMP Today Master Table.

Retail Application Investment & Estimated Returns Breakdown

Parameter	Value / Calculation	Description
Price Band	To be announced	Official bidding range announced in RHP
Current GMP Rate	₹0	Unofficial premium traded in the grey market
Estimated Listing Price	To be announced	Calculated once price band is announced
Retail Lot Size	To be announced	Minimum bid quantity for Retail Individual Investors (RII)
Minimum Outlay	To be announced	Calculated once lot size is announced
Estimated Profit per Lot	To be announced	Calculated once lot size is announced

Key Grey Market Terms: GMP, Kostak & Subject to Sauda

1. Grey Market Premium (GMP): The additional price per share buyers are willing to pay over the official IPO price band before shares hit stock exchanges.
2. Kostak Rate: A fixed monetary deal where a buyer pays an investor a set cash amount to buy their entire IPO application upfront, ensuring fixed profit regardless of allotment outcomes.
3. Subject to Sauda: An agreement where the buyer pays a predetermined profit amount to the applicant ONLY if the application successfully receives IPO share allotment.

Frequently Asked Questions

Disclaimer: Grey Market Premium (GMP) rates are unorganized, unofficial prices based on dealer speculation. They are provided strictly for educational purposes and should not be considered investment advice.