The smartphones are available at ebay and other such retail sites. The 16GB iPhone 5c is listed on eBay India at a price of Rs 44,500. Whereas, another e-commerce website, is offering the16GB version of the 5c at Rs 45,261 and 32GB variant at Rs 53,441.

Apple has reportedly sold a record 9 million iPhone 5s and iPhone 5c models within three days after they were launched on September 20. Demand for the iPhone 5s exceeded the initial supply and many online orders are scheduled to be shipped in the coming weeks, the company said.

"This is our best iPhone launch yet. More than 9 million new iPhones sold, a new record for first weekend sales," Apple CEO Tim Cook had said.

According to earlier reports the new iPhones were available in the Indian grey market. However, the price quoted by the gray market dealer was extremely high! As the new iPhones always make a late entry in Indian retail stores, grey marketers never fail to reap in the benefits and charge a whopping price for the phones. The new iPhone 5S models were said to be available in the grey market within the price range of Rs 65,000 to Rs 1,00,000.