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 Aeron Composite Limited IPO?

Aeron Composite Limited IPO has received a total subscription of 38.45 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Aeron Composite Limited

ListedSME

Capital Goods / Aerospace & Engineering · NSE

Aeron Composite Limited was founded in 2011 and specializes in making FRP (Fibre Reinforced Polymer) products used in various industries. They manufacture FRP pultruded products, FRP moulded gratings, and FRP rods, offering complete solutions from design and testing to manufacturing, installation, and after-sales service. Their production facility is located at Saket Industrial Estate, covering 26,320 square metres, and is ISO 9001:2015 certified. The company produces items like handrails, cable trays, fencing, poles, and solar panel mounting structures (MMS). As of July 31, 2024, the company had 433 employees working at different levels.

Price Band

₹121 – ₹125

Issue Size

₹56.10 Cr

Lot Size

1000 shares

GMP

₹34

+27.2%

Est. Listing

₹159

at current GMP

Subscribed

38.45x

overall

Open

28 Aug 2024

30 Aug 2024

Allotment

2 Sep 2024

Refund

3 Sep 2024

Demat Credit

4 Sep 2024

Listing

4 Sep 2024

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

38.45x

Total Demand

QIB Multiplier

27.82x

Institutions & Funds

NII / HNI

75.95x

High Net-Worth

Retail (RII)

34.06x

Individual Bidders

Category-Wise Subscription Breakup

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

Total 38.45x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	810,000	22,531,000	27.82x
NIB	608,000	46,177,000	75.95x
RETAIL	1,418,000	48,294,000	34.06x
EMPLOYEES	210,000	124,000	0.59x
Total	3,046,000	117,126,000	38.45x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 35.55x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	1,571	53,508	34.06x
HNIs (10L +)	10	760	75.95x
HNIs (2-10L)	48	3,646	75.95x
Total Applications	1,629	57,914	35.55x

Day-Wise Subscription Progress

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

About Aeron Composite Limited Public Issue & Market Profile

Aeron Composite Limited is bringing an initial public offering (IPO) in the Capital Goods / Aerospace & Engineering sector with an aggregate issue size of ₹56.1 Crores. The shares are offered at a price band of ₹121 to ₹125 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.

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 2024-08-30, the basis of allotment is scheduled to be finalized on 2024-09-02. 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 (Maashitla Securities Private Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is Aeron Composite Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Aeron Composite Limited IPO is ₹34 per equity share. Based on the upper price band of ₹121 to ₹125 per equity share, the estimated listing price is ₹159 (+27.2% expected listing gain).

What is the expected profit per lot for Aeron Composite Limited IPO?

With a lot size of 1000 shares and current GMP of ₹34, the expected profit per application lot is approx ₹34,000 (+27.2% gain). Minimum application cost is approx ₹1,25,000.

What is the issue size and price band for Aeron Composite Limited IPO?

The Aeron Composite Limited IPO aggregate issue size is ₹56.1 Crores with an equity price band set at ₹121 to ₹125 per equity share. The retail lot size is 1000 shares requiring a minimum capital outlay of approx. ₹1,25,000.

How can I check Aeron Composite Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 38.45x (Retail: 34.06x, QIB: 27.82x, NII: 75.95x). You can track live multiples directly on our dedicated subscription page.

Where and when will Aeron Composite Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Maashitla Securities Private Limited) and the BSE status verification website on or around 2024-09-02. Investors can verify status using PAN card or application number.

When is the listing date for Aeron Composite Limited IPO?

Aeron Composite Limited shares are scheduled to list on NSE on 2024-09-04.