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 BikeWo GreenTech Limited IPO?

BikeWo GreenTech Limited IPO has received a total subscription of 41.95 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

BikeWo GreenTech Limited

ListedSME

Automotive & Electric Vehicles · NSE

Bikewo Green Tech Limited, incorporated in December 2006, is an electric two-wheeler retailer operating in Telangana, Andhra Pradesh, Tamil Nadu, Maharashtra, and Gujarat through a dealership model that includes State, Diamond, and Platinum dealerships. The company is focused on scaling its network and plans to expand into key cities such as Raipur, Indore, Delhi, Chandigarh, Lucknow, Prayagraj, Patna, Bhubaneswar, Nagpur, Bangalore, and Trivandrum. As of January 31, 2024, it had 36 employees.

Price Band

₹59 – ₹62

Issue Size

₹24.09 Cr

Lot Size

2000 shares

GMP

₹7

+11.3%

Est. Listing

₹69

at current GMP

Subscribed

41.95x

overall

Open

20 Sep 2024

24 Sep 2024

Allotment

25 Sep 2024

Refund

26 Sep 2024

Demat Credit

27 Sep 2024

Listing

27 Sep 2024

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

41.95x

Total Demand

QIB Multiplier

43.03x

Institutions & Funds

NII / HNI

22.60x

High Net-Worth

Retail (RII)

61.19x

Individual Bidders

Category-Wise Subscription Breakup

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

Total 41.95x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	186,000	8,004,000	43.03x
NIB	1,752,000	39,590,000	22.60x
RETAIL	1,752,000	107,200,000	61.19x
Total	3,690,000	154,794,000	41.95x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 59.82x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	680	41,609	61.19x
HNIs (10L +)	4	90	22.60x
HNIs (2-10L)	21	475	22.60x
Total Applications	705	42,174	59.82x

Day-Wise Subscription Progress

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

About BikeWo GreenTech Limited Public Issue & Market Profile

BikeWo GreenTech Limited is bringing an initial public offering (IPO) in the Automotive & Electric Vehicles sector with an aggregate issue size of ₹24.09 Crores. The shares are offered at a price band of ₹59 to ₹62 per equity share on NSE. 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 2000 shares (approx. ₹1,24,000 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 2024-09-27, while un-allotted funds or UPI block mandates will be released on 2024-09-26.

Frequently Asked Questions

What is BikeWo GreenTech Limited IPO GMP today?

The latest Grey Market Premium (GMP) for BikeWo GreenTech Limited IPO is ₹7 per equity share. Based on the upper price band of ₹59 to ₹62 per equity share, the estimated listing price is ₹69 (+11.3% expected listing gain).

What is the expected profit per lot for BikeWo GreenTech Limited IPO?

With a lot size of 2000 shares and current GMP of ₹7, the expected profit per application lot is approx ₹14,000 (+11.3% gain). Minimum application cost is approx ₹1,24,000.

What is the issue size and price band for BikeWo GreenTech Limited IPO?

The BikeWo GreenTech Limited IPO aggregate issue size is ₹24.09 Crores with an equity price band set at ₹59 to ₹62 per equity share. The retail lot size is 2000 shares requiring a minimum capital outlay of approx. ₹1,24,000.

How can I check BikeWo GreenTech Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 41.95x (Retail: 61.19x, QIB: 43.03x, NII: 22.60x). You can track live multiples directly on our dedicated subscription page.

Where and when will BikeWo GreenTech 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 2024-09-25. Investors can verify status using PAN card or application number.

When is the listing date for BikeWo GreenTech Limited IPO?

BikeWo GreenTech Limited shares are scheduled to list on NSE on 2024-09-27.