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.

What is the current subscription status of Associated Coaters Limited IPO?

Associated Coaters Limited IPO has received a total subscription of 371.32 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Associated Coaters Limited

ListedSME

Industrial / Manufacturing · BSE

Associated Coaters Limited started in 2017, specializing in pre-treatment and powder coating of aluminium extrusions for the architectural and real estate industries. The company operates from two manual powder coating plants and one fully automatic plant, set up in July 2017, with an annual capacity of 1,200 metric tons. It is a prominent name in eastern India, known for delivering quality services backed by its ISO 9001:2015 certification. As of November 30, 2023, the company has a team of 15 dedicated employees, ensuring precision and top-notch coating solutions.

Price Band

₹121

Issue Size

₹5.11 Cr

Lot Size

1000 shares

GMP

₹75

+62.0%

Est. Listing

₹196

at current GMP

Subscribed

371.32x

overall

Open

30 May 2024

3 Jun 2024

Allotment

4 Jun 2024

Refund

5 Jun 2024

Demat Credit

6 Jun 2024

Listing

6 Jun 2024

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

371.32x

Total Demand

QIB Multiplier

0.00x

Institutions & Funds

NII / HNI

247.66x

High Net-Worth

Retail (RII)

0.00x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 371.32x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	—	88,108,000	0.00x
NIB	178,000	44,083,000	247.66x
RETAIL	178,000	—	0.00x
Total	356,000	132,191,000	371.32x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 366.50x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	148	54,955	371.32x
HNIs (10L +)	1	248	247.66x
HNIs (2-10L)	5	1,238	247.66x
Total Applications	154	56,441	366.50x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About Associated Coaters Limited Public Issue & Market Profile

Associated Coaters Limited is bringing an initial public offering (IPO) in the Industrial / Manufacturing sector with an aggregate issue size of ₹5.11 Crores. The shares are offered at a price band of ₹121 to ₹121 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.

Bidding & Quota Instructions:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1000 shares (approx. ₹1,21,000 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.

Allotment Reconciliation Schedule:

Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-06-06, while un-allotted funds or UPI block mandates will be released on 2024-06-05.

Frequently Asked Questions

What is Associated Coaters Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Associated Coaters Limited IPO is ₹75 per equity share. Based on the upper price band of ₹121 to ₹121 per equity share, the estimated listing price is ₹196 (+62.0% expected listing gain).

What is the expected profit per lot for Associated Coaters Limited IPO?

With a lot size of 1000 shares and current GMP of ₹75, the expected profit per application lot is approx ₹75,000 (+62.0% gain). Minimum application cost is approx ₹1,21,000.

What is the issue size and price band for Associated Coaters Limited IPO?

The Associated Coaters Limited IPO aggregate issue size is ₹5.11 Crores with an equity price band set at ₹121 to ₹121 per equity share. The retail lot size is 1000 shares requiring a minimum capital outlay of approx. ₹1,21,000.

How can I check Associated Coaters Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 371.32x (Retail: 0.00x, QIB: 0.00x, NII: 247.66x). You can track live multiples directly on our dedicated subscription page.

Where and when will Associated Coaters Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2024-06-04. Investors can verify status using PAN card or application number.

When is the listing date for Associated Coaters Limited IPO?

Associated Coaters Limited shares are scheduled to list on BSE on 2024-06-06.