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.

What is the current subscription status of Aditya Ultra Steel Limited IPO?

Aditya Ultra Steel Limited IPO has received a total subscription of 10.76 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Aditya Ultra Steel Limited

ListedSME

Metals & Mining · NSE

Aditya Ultra Steel Limited is a leading steel manufacturer, founded in 2011, known for producing TMT bars under the brand name "Kamdhenu". The company’s modern manufacturing plant is based in Wankaner, Gujarat, with a strong production capacity of 1,08,000 MT per year. Using advanced technology like reheating furnaces and rolling mills, the company supplies high-quality steel products mainly to the construction and infrastructure sectors. As of April 30, 2024, the company has a team of 149 employees, including skilled executives, who play a key role in its growth and success.

Price Band

₹59 – ₹62

Issue Size

₹45.88 Cr

Lot Size

2000 shares

GMP

—

Est. Listing

₹62

at current GMP

Subscribed

10.76x

overall

Open

9 Sep 2024

11 Sep 2024

Allotment

12 Sep 2024

Refund

13 Sep 2024

Demat Credit

14 Sep 2024

Listing

16 Sep 2024

Last updated 12 months ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

10.76x

Total Demand

QIB Multiplier

1.21x

Institutions & Funds

NII / HNI

12.53x

High Net-Worth

Retail (RII)

23.63x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 10.76x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	3,512,000	4,246,000	1.21x
NIB	1,056,000	13,230,000	12.53x
RETAIL	2,462,000	58,180,000	23.63x
Total	7,030,000	75,656,000	10.76x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 23.23x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	1,295	30,601	23.63x
HNIs (10L +)	8	100	12.53x
HNIs (2-10L)	40	501	12.53x
Total Applications	1,343	31,202	23.23x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About Aditya Ultra Steel Limited Public Issue & Market Profile

Aditya Ultra Steel Limited is bringing an initial public offering (IPO) in the Metals & Mining sector with an aggregate issue size of ₹45.88 Crores. The shares are offered at a price band of ₹59 to ₹62 per equity share on NSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.

Bidding & Quota Instructions:

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.

Allotment Reconciliation Schedule:

Following the close of bidding on 2024-09-11, the basis of allotment is scheduled to be finalized on 2024-09-12. 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 (Cameo Corporate Services Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is Aditya Ultra Steel Limited IPO GMP today?

Currently, Aditya Ultra Steel Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹59 to ₹62 per equity share.

What is the expected profit per lot for Aditya Ultra Steel Limited IPO?

The retail lot size is 2000 shares requiring a minimum application amount of ₹1,24,000. Expected listing price is ₹62 per equity share.

What is the issue size and price band for Aditya Ultra Steel Limited IPO?

The Aditya Ultra Steel Limited IPO aggregate issue size is ₹45.88 Crores with an equity price band set at ₹59 to ₹62 per equity share. The retail lot size is 2000 shares requiring a minimum capital outlay of approx. ₹1,24,000.

How can I check Aditya Ultra Steel Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 10.76x (Retail: 23.63x, QIB: 1.21x, NII: 12.53x). You can track live multiples directly on our dedicated subscription page.

Where and when will Aditya Ultra Steel Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Cameo Corporate Services Limited) and the BSE status verification website on or around 2024-09-12. Investors can verify status using PAN card or application number.

When is the listing date for Aditya Ultra Steel Limited IPO?

Aditya Ultra Steel Limited shares are scheduled to list on NSE on 2024-09-16.