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 Anand Rayons Limited IPO allotment date?

The basis of allotment for Anand Rayons Limited IPO is scheduled to be finalized on 28 Jun 2019.

Where can I check Anand Rayons Limited IPO allotment status?

You can check your allotment status on the official registrar portal (Bigshare 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 29 Jun 2019.

Anand Rayons Limited

ListedSME

Materials & Textiles · BSE

Incorporated in 1987, Anand Rayons Limited, founded by Mr. Gokul Bakshi, is engaged in trading yarns and value-added yarns, including polyester filament yarns, nylon yarns, fancy yarns, and dope-dyed yarns. Initially focused on trading polyester yarn with Reliance Industries Limited in and around Surat, Gujarat, the company has since expanded its dealership network to include JCT Limited for nylon yarn, and Indorama Synthetics India Limited, Filatex India Limited, and Garden Silk Mills Limited for polyester yarn. Its yarns are widely used in saree weaving, yarn dyeing, elastic tapes, carpets, and dress and shirting materials. While currently operating primarily in Surat, Anand Rayons plans to expand its trading business to other states like Maharashtra, Delhi, Karnataka, and Uttar Pradesh, with its R&D team developing specialized products such as twisted yarn, sheath-core yarn, and bi-shrinkage yarn for geo-textile applications.

Price Band

₹27

Issue Size

₹13.00 Cr

Lot Size

4000 shares

GMP

—

Est. Listing

₹27

at current GMP

Subscribed

—

Open

18 Jun 2019

24 Jun 2019

Allotment

28 Jun 2019

Refund

29 Jun 2019

Demat Credit

30 Jun 2019

Listing

2 Jul 2019

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Anand Rayons Limited Allotment Status

Designated Registrar: Bigshare Services Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

28 Jun 2019

Basis finalization

Refunds Initiate

29 Jun 2019

Mandate release

Demat Credit

30 Jun 2019

Shares in demat

Listing Debut

2 Jul 2019

Trading begins

How to Check Anand Rayons Limited IPO Allotment Status

Click the Check on Registrar button above to visit Bigshare Services Private Limited's allotment portal.
Select Anand Rayons Limited from the dropdown company list.
Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
Enter your details accurately and solve the Captcha code.
Click Submit / Search to view the number of shares applied and allotted to you.

About Anand Rayons Limited Public Issue & Market Profile

Anand Rayons Limited is bringing an initial public offering (IPO) in the Materials & Textiles sector with an aggregate issue size of ₹13 Crores. The shares are offered at a price band of ₹27 to ₹27 per equity share on BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.

Public Issue & Allotment Procedure:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 4000 shares (approx. ₹1,08,000 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 Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2019-06-30, while un-allotted funds or UPI block mandates will be released on 2019-06-29.

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.