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 Alphalogic Industries Limited IPO allotment date?

The basis of allotment for Alphalogic Industries Limited IPO is scheduled to be finalized on 11 Jul 2023.

Where can I check Alphalogic Industries Limited IPO allotment status?

You can check your allotment status on the official registrar portal (Cameo Corporate Services 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 12 Jul 2023.

IPO GreyPremiumLIVE

Grey Market Intelligence

Alphalogic Industries Limited

ListedSME

Industrials · BSE

Alphalogic Industries Limited, incorporated in 2020 and a subsidiary of Alphalogic Techsys Limited, is engaged in designing, manufacturing, supplying, and installing industrial and institutional storage systems. The company manufactures a wide range of products including compactor storage systems, heavy duty storage racks, cantilever racks, lockers, mezzanine floors, metal pallets & crates, and library storage systems. Its manufacturing facility is located in Pimpri Chinchwad, Pune, Maharashtra. Alphalogic provides storage solutions to multiple sectors such as automobile, e-commerce, food, logistics, engineering, pharmaceutical, educational institutes, and IT companies, and has served over 150 clients in FY 2023.

Price Band

₹96

Issue Size

₹12.88 Cr

Lot Size

1200 shares

GMP

—

Est. Listing

₹96

at current GMP

Subscribed

5.34x

overall

Open

3 Jul 2023

6 Jul 2023

Allotment

11 Jul 2023

Refund

12 Jul 2023

Demat Credit

13 Jul 2023

Listing

14 Jul 2023

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Alphalogic Industries Limited Allotment Status

Designated Registrar: Cameo Corporate Services Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

11 Jul 2023

Basis finalization

Refunds Initiate

12 Jul 2023

Mandate release

Demat Credit

13 Jul 2023

Shares in demat

Listing Debut

14 Jul 2023

Trading begins

About Alphalogic Industries Limited Public Issue & Market Profile

Alphalogic Industries Limited is bringing an initial public offering (IPO) in the Industrials sector with an aggregate issue size of ₹12.88 Crores. The shares are offered at a price band of ₹96 to ₹96 per equity share on BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.

Public Issue & Allotment Procedure:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1200 shares (approx. ₹1,15,200 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 Cameo Corporate Services Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-07-13, while un-allotted funds or UPI block mandates will be released on 2023-07-12.

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.