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 Archit Nuwood Industries Limited IPO allotment date?

The basis of allotment for Archit Nuwood Industries Limited IPO is scheduled to be finalized on 4 Sep 2023.

Where can I check Archit Nuwood Industries Limited IPO allotment status?

You can check your allotment status on the official registrar portal (Maashitla Securities 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 5 Sep 2023.

IPO GreyPremiumLIVE

Grey Market Intelligence

Archit Nuwood Industries Limited

ListedSME

Emerging SME Services · BSE

Archit Nuwood Industries Limited, founded in 2017, is a leading manufacturer of a wide range of MDF (Medium Density Fiberboard) and HDF (High-Density Fiberboard) products. Their product line includes both plain and pre-laminated MDF and HDF boards for interior and exterior use, as well as CARB-compliant panels and stylish High-Pressure Laminates (HPL) in various designs. The company focuses on providing high-quality materials used in interior design and construction projects. With a team of 149 employees (as of April 26, 2024), Archit Nuwood continues to grow with a strong commitment to quality and customer satisfaction.

Price Band

₹257 – ₹270

Issue Size

₹168 Cr

Lot Size

400 shares

GMP

₹270

+100.0%

Est. Listing

₹540

at current GMP

Subscribed

—

Open

30 Aug 2023

3 Sep 2023

Allotment

4 Sep 2023

Refund

5 Sep 2023

Demat Credit

6 Sep 2023

Listing

6 Sep 2023

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Archit Nuwood Industries Limited Allotment Status

Designated Registrar: Maashitla Securities Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

4 Sep 2023

Basis finalization

Refunds Initiate

5 Sep 2023

Mandate release

Demat Credit

6 Sep 2023

Shares in demat

Listing Debut

6 Sep 2023

Trading begins

About Archit Nuwood Industries Limited Public Issue & Market Profile

Archit Nuwood Industries Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹168.48 Crores. The shares are offered at a price band of ₹257 to ₹270 per equity share on 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 2023-09-03, the basis of allotment is scheduled to be finalized on 2023-09-04. 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 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.

Archit Nuwood Industries Limited

Archit Nuwood Industries Limited Allotment Status

How to Check Archit Nuwood Industries Limited IPO Allotment Status

About Archit Nuwood 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?