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 Alkosign Limited IPO allotment date?

The basis of allotment for Alkosign Limited IPO is scheduled to be finalized on 27 Jan 2022.

Where can I check Alkosign Limited IPO allotment status?

You can check your allotment status on the official registrar portal (Skyline Financial 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 28 Jan 2022.

IPO GreyPremiumLIVE

Grey Market Intelligence

Alkosign Limited

ListedSME

Chemicals · BSE

Alkosign Limited is engaged in the manufacturing of visual presentation systems such as writing boards, display boards and notice boards along with related accessories, and also produces board stands, school benches, desks and allied products, which are marketed under brands including Alkosign, Sit and Study, Brainee, Glassy-BO, Ultra-EX and Ultra. The company supplies its products across around 22 Indian states through a network of nearly 50 registered dealers, sells through its own website and e-commerce platforms, and is expanding into international markets, supported by India’s largest dedicated manufacturing facility for writing and display boards with over 5,00,000 sq. ft. of production space.

Price Band

₹45

Issue Size

₹12.15 Cr

Lot Size

3000 shares

GMP

—

Est. Listing

₹45

at current GMP

Subscribed

—

Open

18 Jan 2022

21 Jan 2022

Allotment

27 Jan 2022

Refund

28 Jan 2022

Demat Credit

29 Jan 2022

Listing

1 Feb 2022

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Alkosign Limited Allotment Status

Designated Registrar: Skyline Financial Services Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

27 Jan 2022

Basis finalization

Refunds Initiate

28 Jan 2022

Mandate release

Demat Credit

29 Jan 2022

Shares in demat

Listing Debut

1 Feb 2022

Trading begins

About Alkosign Limited Public Issue & Market Profile

Alkosign Limited is bringing an initial public offering (IPO) in the Chemicals sector with an aggregate issue size of ₹12.15 Crores. The shares are offered at a price band of ₹45 to ₹45 per equity share on BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.

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 2022-01-21, the basis of allotment is scheduled to be finalized on 2022-01-27. 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.