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 Command Polymers Limited IPO allotment date?

The basis of allotment for Command Polymers Limited IPO is scheduled to be finalized on 24 Mar 2023.

Where can I check Command Polymers Limited IPO allotment status?

You can check your allotment status on the official registrar portal (Kfin Technologies 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 25 Mar 2023.

IPO GreyPremiumLIVE

Grey Market Intelligence

Command Polymers Limited

ListedSME

Chemicals · BSE

Incorporated in 1998, Command Polymers Limited is engaged in the marketing and manufacturing of polymer-based products such as polythene LF tubes, tarpaulin sheets, polyester fabrics, and other polymers. These products cater to various industries including industrial packaging and the food sector. The company generates around 67% of its revenue from manufacturing and 33% from trading. Its well-equipped manufacturing facility in District 24 Parganas (South) supports efficient production and logistics. Backed by an experienced management team, strong supplier relationships, quality assurance, and a scalable business model, Command Polymers continues to expand its presence across diversified industries.

Price Band

₹28

Issue Size

₹7.09 Cr

Lot Size

4000 shares

GMP

—

Est. Listing

₹28

at current GMP

Subscribed

—

Open

17 Mar 2023

21 Mar 2023

Allotment

24 Mar 2023

Refund

25 Mar 2023

Demat Credit

26 Mar 2023

Listing

29 Mar 2023

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Command Polymers Limited Allotment Status

Designated Registrar: Kfin Technologies Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

24 Mar 2023

Basis finalization

Refunds Initiate

25 Mar 2023

Mandate release

Demat Credit

26 Mar 2023

Shares in demat

Listing Debut

29 Mar 2023

Trading begins

About Command Polymers Limited Public Issue & Market Profile

Command Polymers Limited is bringing an initial public offering (IPO) in the Chemicals sector with an aggregate issue size of ₹7.09 Crores. The shares are offered at a price band of ₹28 to ₹28 per equity share on BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.

Public Issue & Allotment Procedure:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 4000 shares (approx. ₹1,12,000 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 Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-03-26, while un-allotted funds or UPI block mandates will be released on 2023-03-25.

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.