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 Asarfi Hospital Limited IPO allotment date?

The basis of allotment for Asarfi Hospital Limited IPO is scheduled to be finalized on 24 Jul 2023.

Where can I check Asarfi Hospital 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 25 Jul 2023.

Asarfi Hospital Limited

ListedSME

Healthcare Services · BSE

Incorporated in 2005, Asarfi Hospital Limited is a 250-bedded multi-specialty hospital in Dhanbad, Jharkhand, providing healthcare services for nearly two decades. Founded by Nayan Prakash Singh and Harendra Singh in memory of their mother Asarfi Devi, the hospital is NABL accredited and operates with a team of qualified doctors offering preventive care, treatment, and rehabilitation services. As an integrated healthcare provider, the company is empanelled with various Government agencies, Insurance/TPA providers, and corporate organizations to deliver regular medical services to their employees. The hospital offers a wide spectrum of medical specialties including Cardiology, General Medicine, Paediatrics & Neonatology, Obstetrics & Gynaecology, Neurosciences, General Surgery, Gastroenterology, Pulmonology, Orthopaedics, Cosmetic & Plastic Surgery, Oncology, Radiology, ENT, Dental, Urology, Nephrology, Emergency & Critical Care, Physiotherapy, Pain Management, Nutrition & Dietetics, and more.

Price Band

₹51 – ₹52

Issue Size

₹26.94 Cr

Lot Size

2000 shares

GMP

₹43

+82.7%

Est. Listing

₹95

at current GMP

Subscribed

195.14x

overall

Open

17 Jul 2023

19 Jul 2023

Allotment

24 Jul 2023

Refund

25 Jul 2023

Demat Credit

26 Jul 2023

Listing

26 Jul 2023

Last updated 12 months ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Asarfi Hospital Limited Allotment Status

Designated Registrar: Cameo Corporate Services Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

24 Jul 2023

Basis finalization

Refunds Initiate

25 Jul 2023

Mandate release

Demat Credit

26 Jul 2023

Shares in demat

Listing Debut

26 Jul 2023

Trading begins

How to Check Asarfi Hospital Limited IPO Allotment Status

Click the Check on Registrar button above to visit Cameo Corporate Services Limited's allotment portal.
Select Asarfi Hospital 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 Asarfi Hospital Limited Public Issue & Market Profile

Asarfi Hospital Limited is bringing an initial public offering (IPO) in the Healthcare Services sector with an aggregate issue size of ₹26.94 Crores. The shares are offered at a price band of ₹51 to ₹52 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 2000 shares (approx. ₹1,04,000 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 Cameo Corporate Services Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-07-26, while un-allotted funds or UPI block mandates will be released on 2023-07-25.

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.