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 Cargotrans Maritime Limited IPO allotment date?

The basis of allotment for Cargotrans Maritime Limited IPO is scheduled to be finalized on 4 Oct 2022.

Where can I check Cargotrans Maritime 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 5 Oct 2022.

IPO GreyPremiumLIVE

Grey Market Intelligence

Cargotrans Maritime Limited

ListedSME

Services / Logistics · BSE

Cargotrans Maritime Limited, incorporated in 2012, is an international logistics solutions provider specializing in sea logistics services, including ocean freight forwarding (FCL and LCL), transportation, customs clearance, warehousing, and other value-added services. The company operates at four seaports in Gujarat—Mundra, Hazira, Kandla, and Pipavav—and maintains a fleet of nine owned commercial trailers for container transport, supplementing with third-party transport operators to meet customer shipping demands.

Price Band

₹45

Issue Size

₹4.86 Cr

Lot Size

3000 shares

GMP

₹35

+77.8%

Est. Listing

₹80

at current GMP

Subscribed

148.25x

overall

Open

27 Sep 2022

29 Sep 2022

Allotment

4 Oct 2022

Refund

5 Oct 2022

Demat Credit

6 Oct 2022

Listing

10 Oct 2022

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Cargotrans Maritime Limited Allotment Status

Designated Registrar: Bigshare Services Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

4 Oct 2022

Basis finalization

Refunds Initiate

5 Oct 2022

Mandate release

Demat Credit

6 Oct 2022

Shares in demat

Listing Debut

10 Oct 2022

Trading begins

About Cargotrans Maritime Limited Public Issue & Market Profile

Cargotrans Maritime Limited is bringing an initial public offering (IPO) in the Services / Logistics sector with an aggregate issue size of ₹4.86 Crores. The shares are offered at a price band of ₹45 to ₹45 per equity share on BSE. 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 2022-09-29, the basis of allotment is scheduled to be finalized on 2022-10-04. 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 Private Limited) 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.