What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

When will unallotted IPO application funds be unblocked?

Refund initiation and UPI mandate revocation for unallotted applications starts on or around 11 Jun 2024.

3C IT Solutions & Telecoms (India) Limited

ListedSME

Information Technology · BSE

Founded in 2015, 3C IT Solutions & Telecoms (India) Limited is an IT systems integration company offering a wide range of products and services. They specialize in Infrastructure Solutions, Digital Business Solutions, and Consulting Solutions. Their product range includes laptops, desktops, computer accessories, networking equipment, IT security, and audio-video solutions. Under digital business solutions, they provide cloud services, video conferencing tools, collaboration software, and project management tools. Their consulting services cover IT infrastructure rentals, remote infrastructure management, facility management systems, and hardware repair services. With a client-focused approach, 3C IT Solutions delivers customized network setups, data storage management, and security solutions to help businesses optimize their IT investments.

Price Band

₹52

Issue Size

₹11.44 Cr

Lot Size

2000 shares

GMP

—

Est. Listing

₹52

at current GMP

Subscribed

20.27x

overall

Open

4 Jun 2024

7 Jun 2024

Allotment

10 Jun 2024

Refund

11 Jun 2024

Demat Credit

12 Jun 2024

Listing

12 Jun 2024

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

3C IT Solutions & Telecoms (India) Limited Allotment Status

Designated Registrar: Skyline Financial Services Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

10 Jun 2024

Basis finalization

Refunds Initiate

11 Jun 2024

Mandate release

Demat Credit

12 Jun 2024

Shares in demat

Listing Debut

12 Jun 2024

Trading begins

How to Check 3C IT Solutions & Telecoms (India) Limited IPO Allotment Status

Click the Check on Registrar button above to visit Skyline Financial Services Private Limited's allotment portal.
Select 3C IT Solutions & Telecoms (India) Limited from the dropdown company list.
Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
Enter your details accurately and solve the Captcha code.
Click Submit / Search to view the number of shares applied and allotted to you.

About 3C IT Solutions & Telecoms (India) Limited Public Issue & Market Profile

3C IT Solutions & Telecoms (India) Limited is bringing an initial public offering (IPO) in the Information Technology sector with an aggregate issue size of ₹11.44 Crores. The shares are offered at a price band of ₹52 to ₹52 per equity share on BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.

Public Issue & Allotment Procedure:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Official Allotment Timelines & Registrar Guidance:

Following the close of bidding on 2024-06-07, the basis of allotment is scheduled to be finalized on 2024-06-10. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Skyline Financial Services Private Limited) or the BSE allotment checking window.

Frequently Asked Questions

What if my name is not showing on the registrar portal?

Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.

How will I receive the refund if I don't get allotment?

Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.