Grey Market is a share market option listed above the counter market. An investor won’t find any official letter or approach for investing in IPO Grey Market trading. In the IPO Stock Market, an investor should search for a local dealer who will be willing to take the bid.
Buying and selling shares on GMP is riskier. Still, many investors are keen to gain profits through GMP IPO trading.
How to Buy/ Sell on Grey Market?
Selling and buying options are not officially listed for GMP-based IPO bidding. The Grey Market is mostly functional over phone calls between investors and traders.
It varies from person to trader. Grey Market trading is a helpful asset for risk-taking investors.
In short, the Grey Market requires searching for a dealer to help the client find sellers and buyers.
Eligibility for Grey Market Investments
Anyone who wishes to take risks can participate in the Grey Market investments. This is the unofficial source of trading for traders.
There is no requirement or demand from the sellers or businesses to join the Grey Market investments. The only thing you require is a “Demat Account.”
Tip- If you do not have a Demat Account, open a free Demat Account with us today.
Who Can Own Grey Market?
The Grey Market is beyond the reach of the counter market. So, no one owns it for now. However, many investors and shareholders run it silently on an unofficial note.
Is It Illegal to Sell Grey Market Share?
Grey Market investment is unofficial for sure, but not illegal. So, dealers who wish to sell or buy shares can be part of the Grey Market share.
Here, you can do the following things legally:
- Should possess a Demat account
- Sell or buy the IPO shares
- Fix your pricing and sell your IPO application
Benefits Of Grey Market
- Get the shares at lower costs than the share market pricing.
- Purchase commodities easily.
- Higher profitability
The official approach for Grey Market investment is impossible. Any interested investor can prefer to sell IPO stocks in Grey Market at his own risk. Grey Market exists in Online Stock Trading because of the great demand among investors. It brings shortcuts for many to gain higher profit within a limited period.