Estimate the interest cost of funding an HNI / NII IPO application with borrowed money, and the net gain after GMP profit for large IPO bids.
Interest cost = amount × rate% × days ÷ 365Per-day cost = interest ÷ daysIf you enter expected GMP profit, net gain = GMP profit − interest costHNI / NII applications require large amounts; many investors use short-term funding and rely on GMP profit to cover the interest.
Count from the day funds are blocked (ASBA) until listing, typically 5–8 working days.
Last updated: 29 Aug 2026, 22:15 IST