
Emerging SME Services · NSE
Aspire & Innovative Advertising Limited, established in 2017, has positioned itself as a key player in the consumer durables market, offering a wide array of products, including kitchen and home appliances, white goods, mobile phones, accessories, and solar products. Partnering with leading brands such as Bajaj, Prestige, Vivo, and Samsung, the company operates under an asset-light model, focusing on facilitation fees and commissions while providing marketing, field staff interaction, demand collation, and financial services to rural and semi-urban consumers. With a product portfolio exceeding 50 items and commercial arrangements with over 15 intermediaries, the company ensures seamless distribution through 19 warehouses spanning 16 states. Backed by a dedicated workforce of 49 full-time employees as of November 30, 2023, Aspire & Innovative Advertising Limited remains committed to expanding its market presence and delivering value-driven solutions to its customers.
Price Band
₹159 – ₹168
Issue Size
₹18.14 Cr
Lot Size
800 shares
GMP
+8.9%
Est. Listing
₹183
at current GMP
Subscribed
56.40x
overall
Open
26 Mar 2024
Close
28 Mar 2024
Allotment
1 Apr 2024
Refund
2 Apr 2024
Demat Credit
3 Apr 2024
Listing
3 Apr 2024
Overall Subscription
56.40x
Total Demand
QIB Multiplier
21.77x
Institutions & Funds
NII / HNI
97.67x
High Net-Worth
Retail (RII)
58.40x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 204,800 | 4,457,600 | 21.77x |
| NIB | 154,400 | 15,080,800 | 97.67x |
| RETAIL | 359,200 | 20,976,800 | 58.40x |
| Total | 718,400 | 40,515,200 | 56.40x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 472 | 27,565 | 58.40x |
| HNIs (10L +) | 3 | 293 | 97.67x |
| HNIs (2-10L) | 14 | 1,367 | 97.67x |
| Total Applications | 489 | 29,225 | 59.76x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Blue Pebble Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹18.14 Crores. The shares are offered at a price band of ₹159 to ₹168 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 800 shares (approx. ₹1,34,400 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 will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-04-03, while un-allotted funds or UPI block mandates will be released on 2024-04-02.
The latest Grey Market Premium (GMP) for Blue Pebble Limited IPO is ₹15 per equity share. Based on the upper price band of ₹159 to ₹168 per equity share, the estimated listing price is ₹183 (+8.9% expected listing gain).
With a lot size of 800 shares and current GMP of ₹15, the expected profit per application lot is approx ₹12,000 (+8.9% gain). Minimum application cost is approx ₹1,34,400.
The Blue Pebble Limited IPO aggregate issue size is ₹18.14 Crores with an equity price band set at ₹159 to ₹168 per equity share. The retail lot size is 800 shares requiring a minimum capital outlay of approx. ₹1,34,400.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 56.40x (Retail: 58.40x, QIB: 21.77x, NII: 97.67x). You can track live multiples directly on our dedicated subscription page.
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 2024-04-01. Investors can verify status using PAN card or application number.
Blue Pebble Limited shares are scheduled to list on NSE on 2024-04-03.