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 C P S Shapers Limited IPO allotment date?

The basis of allotment for C P S Shapers Limited IPO is scheduled to be finalized on 4 Sep 2023.

Where can I check C P S Shapers Limited IPO allotment status?

You can check your allotment status on the official registrar portal (Bigshare Services Pvt Ltd) 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 5 Sep 2023.

C P S Shapers Limited

ListedSME

Textiles & Apparel · NSE

Incorporated in 2012, C P S Shapers Limited manufactures shapewear products for men and women. The company sells its products under two brands — “Dermawear” and “YDIS (Your Dress Is Shapewear)” — through both online and offline channels. Its product range includes saree shapewear, tummy reducers, sports bras, mini shapers, slimmer jeans, active pants, and other shapewear items. C P S Shapers has a PAN-India presence with distributors across 28 states and 8 Union Territories, and also exports to Canada, Germany, Australia, the UK, and the USA. The company’s manufacturing unit is based in Meerut (Uttar Pradesh) with warehousing facilities in Palghar (Maharashtra) and Tiruppur (Tamil Nadu).

Price Band

₹185

Issue Size

₹11.10 Cr

Lot Size

600 shares

GMP

₹200

+108.1%

Est. Listing

₹385

at current GMP

Subscribed

245.28x

overall

Open

29 Aug 2023

31 Aug 2023

Allotment

4 Sep 2023

Refund

5 Sep 2023

Demat Credit

6 Sep 2023

Listing

8 Sep 2023

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

C P S Shapers Limited Allotment Status

Designated Registrar: Bigshare Services Pvt Ltd

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

4 Sep 2023

Basis finalization

Refunds Initiate

5 Sep 2023

Mandate release

Demat Credit

6 Sep 2023

Shares in demat

Listing Debut

8 Sep 2023

Trading begins

How to Check C P S Shapers Limited IPO Allotment Status

Click the Check on Registrar button above to visit Bigshare Services Pvt Ltd's allotment portal.
Select C P S Shapers 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 C P S Shapers Limited Public Issue & Market Profile

C P S Shapers Limited is bringing an initial public offering (IPO) in the Textiles & Apparel sector with an aggregate issue size of ₹11.1 Crores. The shares are offered at a price band of ₹185 to ₹185 per equity share on NSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.

Public Issue & Allotment Procedure:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Official Allotment Timelines & Registrar Guidance:

Following the close of bidding on 2023-08-31, the basis of allotment is scheduled to be finalized on 2023-09-04. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Pvt Ltd) or the BSE allotment checking window.

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.