
Consumer Staples · BSE
Artemis Electricals Limited, incorporated in 2009 and based in Mumbai, is engaged in the manufacturing and trading of LED lights and LED lighting accessories, catering to both indoor and outdoor lighting needs. The company manufactures LED drivers at its Vasai facility and uses third-party facilities for LED bulbs, supplying finished products to OEMs who brand and sell them to retail customers. Its product portfolio includes LED panel lights, street lights, solar-powered lights, downlights, spotlights, architectural lights, bulbs, and solar-powered fans and lanterns. With a workforce of 32 employees and 11 contractors, including two in R&D, the company operates primarily from its Vasai manufacturing plant. As of October 2018, Artemis Electricals reported revenues of Rs 5,241.26 lakhs from the sale of LED products and accessories, without a clear split between manufacturing and trading income.
Price Band
₹55 – ₹60
Issue Size
₹42.00 Cr
Lot Size
2000 shares
GMP
Est. Listing
₹60
at current GMP
Subscribed
—
Open
24 Apr 2019
Close
6 May 2019
Allotment
8 May 2019
Refund
9 May 2019
Demat Credit
10 May 2019
Listing
14 May 2019
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹60
Band: ₹55 – ₹60
Estimated Listing Price
₹60
Upper price + GMP
Lot Size
2000 shares
Min investment ₹1,20,000
Estimated Profit / Lot
₹0
2000 × ₹0
Grey Market Premium trend
—
▲ 0 today
Updated 1 minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | — | 0.0% | ₹60 |
| 30 Oct 2026 | — | 0.0% | ₹60 |
| 29 Oct 2026 | — | 0.0% | ₹60 |
GMP is unofficial market data. Not a guarantee of listing performance.
Artemis Electricals Limited is bringing an initial public offering (IPO) in the Consumer Staples sector with an aggregate issue size of ₹42 Crores. The shares are offered at a price band of ₹55 to ₹60 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.
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.
Following the close of bidding on 2019-05-06, the basis of allotment is scheduled to be finalized on 2019-05-08. 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 (Cameo Corporate Services Limited) or the BSE allotment checking window.
The latest grey market premium for Artemis Electricals Limited IPO is ₹0, which indicates an expected listing price of ₹60.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.