Kostak rates

A Kostak rate is the premium one gets by selling his/her IPO application (in an off market transaction) to someone else before allotment or listing of the issue.[1]

## References

1. ↑ Greymarket definition of Kostak Rates

Grey market salary available at http://www.chittorgarh.com/newportal/IPO_Gray_Market_Premium.asp

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