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 Aeroflex Industries Limited IPO allotment date?

The basis of allotment for Aeroflex Industries Limited IPO is scheduled to be finalized on 29 Aug 2023.

Where can I check Aeroflex Industries Limited IPO allotment status?

You can check your allotment status on the official registrar portal (Link Intime India 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 30 Aug 2023.

IPO GreyPremiumLIVE

Grey Market Intelligence

Aeroflex Industries Limited

ListedMainboard

Capital Goods · NSE / BSE

Incorporated in 1993, Aeroflex Industries Limited (formerly Suyog Intermediates Pvt. Ltd.) manufactures and supplies eco-friendly metallic flexible flow solution products. Its product range includes braided and unbraided hoses, solar hoses, gas hoses, vacuum hoses, interlock hoses, hose assemblies, EGR tubes, expansion bellows, compensators, and related fittings, with over 1,700 SKUs as of March 31, 2023. The company operates a large certified manufacturing facility at Taloja, Navi Mumbai spread across 3,59,528 sq. ft. Aeroflex serves distributors, OEMs, fabricators, MRO companies, and industrial clients, and reported revenue of ₹2,694.78 million in FY23 and ₹2,409.92 million in FY22.

Price Band

₹102 – ₹108

Issue Size

₹351 Cr

Lot Size

130 shares

GMP

₹73

+67.6%

Est. Listing

₹181

at current GMP

Subscribed

97.07x

overall

Open

22 Aug 2023

24 Aug 2023

Allotment

29 Aug 2023

Refund

30 Aug 2023

Demat Credit

31 Aug 2023

Listing

31 Aug 2023

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Aeroflex Industries Limited Allotment Status

Designated Registrar: Link Intime India Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

29 Aug 2023

Basis finalization

Refunds Initiate

30 Aug 2023

Mandate release

Demat Credit

31 Aug 2023

Shares in demat

Listing Debut

31 Aug 2023

Trading begins

About Aeroflex Industries Limited Public Issue & Market Profile

Aeroflex Industries Limited is bringing an initial public offering (IPO) in the Capital Goods sector with an aggregate issue size of ₹351 Crores. The shares are offered at a price band of ₹102 to ₹108 per equity share on NSE and 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 2023-08-24, the basis of allotment is scheduled to be finalized on 2023-08-29. 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 (Link Intime India 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.

Aeroflex Industries Limited

Aeroflex Industries Limited Allotment Status

How to Check Aeroflex Industries Limited IPO Allotment Status

About Aeroflex Industries Limited Public Issue & Market Profile

Frequently Asked Questions

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

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