How to find a buyer and seller in GMP market?

As GMP is an unofficial over-the-counter market, there is no official platform for the grey market.

To find a buyer and seller, you must first find a local broker who trades on the grey market. Once the buyer contacts the grey market dealer, the broker will find potential sellers for the IPO.

An IPO applicant who is unsure of the IPO listing or does not want to take the risk of holding the shares will sell IPO shares or applications on the grey market. However, buyers are optimistic about the listing and are therefore willing to pay a premium to buy IPO shares or applications from sellers.

All transactions on the grey market are settled in cash. Moreover, the transactions are conducted only on the basis of mutual trust and without any rules and regulations.