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 is the Aartech Solonics Limited IPO allotment date?

The basis of allotment for Aartech Solonics Limited IPO is scheduled to be finalized on 22 Mar 2019.

Where can I check Aartech Solonics Limited IPO allotment status?

You can check your allotment status on the official registrar portal (Bigshare Services Private Limited) or on the BSE India website using your PAN card number or application number.

When will unallotted IPO application funds be unblocked?

Refund initiation and UPI mandate revocation for unallotted applications starts on or around 23 Mar 2019.

IPO GreyPremiumLIVE

Grey Market Intelligence

Aartech Solonics Limited

ListedSME

Industrials / Technology · BSE

Incorporated in 1982, Gwalior-based Aartech Solonics Limited is an R&D-focused enterprise specializing in energy appliances and electricity distribution and control apparatus, including switches, fuses, voltage limiters, surge suppressors, relays, sockets, panels, and power capacitors. Its popular products include BTS-2000, Kranking Ultra Capacitors, Control Relay Panels, and Load Checkers, and it also provides solutions for products from companies like GSUN Innovations and Bestcase Enclosures. Serving clients across industries such as Defense, Railways, Power Generation, Heavy Earth Moving Equipment, and Oil & Gas, Aartech operates a 1,000 sq. ft. Innovations Lab recognized by the Department of Science and Technology in 2013 for its R&D contributions. The company employs 55 full-time staff along with 10 contract employees.

Price Band

₹34

Issue Size

₹7.00 Cr

Lot Size

4000 shares

GMP

—

Est. Listing

₹34

at current GMP

Subscribed

—

Open

12 Mar 2019

18 Mar 2019

Allotment

22 Mar 2019

Refund

23 Mar 2019

Demat Credit

24 Mar 2019

Listing

27 Mar 2019

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Aartech Solonics Limited Allotment Status

Designated Registrar: Bigshare Services Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

22 Mar 2019

Basis finalization

Refunds Initiate

23 Mar 2019

Mandate release

Demat Credit

24 Mar 2019

Shares in demat

Listing Debut

27 Mar 2019

Trading begins

About Aartech Solonics Limited Public Issue & Market Profile

Aartech Solonics Limited is bringing an initial public offering (IPO) in the Industrials / Technology sector with an aggregate issue size of ₹7 Crores. The shares are offered at a price band of ₹34 to ₹34 per equity share on BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.

Public Issue & Allotment Procedure:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 4000 shares (approx. ₹1,36,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.

Official Allotment Timelines & Registrar Guidance:

Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2019-03-24, while un-allotted funds or UPI block mandates will be released on 2019-03-23.

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.