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 Billwin Industries Limited IPO allotment date?

The basis of allotment for Billwin Industries Limited IPO is scheduled to be finalized on 26 Jun 2020.

Where can I check Billwin Industries Limited IPO allotment status?

You can check your allotment status on the official registrar portal (Bigshare Services 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 27 Jun 2020.

Billwin Industries Limited

ListedSME

Consumer Cyclicals / Textiles & Apparel · BSE

Billwin Industries Ltd, based in Mumbai, is engaged in manufacturing protective and safety products such as life jackets, inflatable boats, and rainwear, using coated fabric sourced from both domestic and international markets. The company’s product range includes raincoats, rucksacks, life jackets, winter jackets, inflatable boats, river rafts, sleeping bags, face masks, and pulsar jackets. Its manufacturing facility is located at Bhandup West, Mumbai, spread across approximately 5,190 square feet and equipped with semi-automatic and automated machinery. Billwin markets its products through government tenders as well as a network of distributors and retailers across states like Maharashtra, Kerala, Gujarat, Chhattisgarh, Tamil Nadu, Assam, Haryana, and Tripura, while also selling online through platforms such as Amazon, Flipkart, Shopclues, Xerve, and Buy Hatke.

Price Band

₹37

Issue Size

₹2.46 Cr

Lot Size

3000 shares

GMP

—

Est. Listing

₹37

at current GMP

Subscribed

—

Open

18 Jun 2020

22 Jun 2020

Allotment

26 Jun 2020

Refund

27 Jun 2020

Demat Credit

28 Jun 2020

Listing

30 Jun 2020

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Billwin Industries Limited Allotment Status

Designated Registrar: Bigshare Services Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

26 Jun 2020

Basis finalization

Refunds Initiate

27 Jun 2020

Mandate release

Demat Credit

28 Jun 2020

Shares in demat

Listing Debut

30 Jun 2020

Trading begins

How to Check Billwin Industries Limited IPO Allotment Status

Click the Check on Registrar button above to visit Bigshare Services Private Limited's allotment portal.
Select Billwin Industries 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 Billwin Industries Limited Public Issue & Market Profile

Billwin Industries Limited is bringing an initial public offering (IPO) in the Consumer Cyclicals / Textiles & Apparel sector with an aggregate issue size of ₹2.46 Crores. The shares are offered at a price band of ₹37 to ₹37 per equity share on BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.

Public Issue & Allotment Procedure:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 3000 shares (approx. ₹1,11,000 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 Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2020-06-28, while un-allotted funds or UPI block mandates will be released on 2020-06-27.

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.