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 Committed Cargo Care Limited IPO allotment date?

The basis of allotment for Committed Cargo Care Limited IPO is scheduled to be finalized on 13 Oct 2023.

Where can I check Committed Cargo Care 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 14 Oct 2023.

IPO GreyPremiumLIVE

Grey Market Intelligence

Committed Cargo Care Limited

ListedSME

Emerging SME Services · NSE

Incorporated in 1998, Committed Cargo Care Limited is a Third Party Logistics (3PL) provider specializing in import and export cargo management and integrated logistics services. The company offers solutions including cargo management, order management, international freight handling, customs and cross-border movement, and heavy and over-dimensional cargo transport. Serving clients across sectors such as automotive, heavy engineering, telecom, food and agro, FMCG, paint, handicrafts, e-commerce, garments, pharma, and dairy, the company recorded revenues of Rs. 12,221.96 Lacs, Rs. 14,612.17 Lacs, and Rs. 11,385.89 Lacs for fiscal years 2023, 2022, and 2021, respectively.

Price Band

₹77

Issue Size

₹24.98 Cr

Lot Size

1600 shares

GMP

₹6

+7.8%

Est. Listing

₹83

at current GMP

Subscribed

85.72x

overall

Open

6 Oct 2023

10 Oct 2023

Allotment

13 Oct 2023

Refund

14 Oct 2023

Demat Credit

15 Oct 2023

Listing

18 Oct 2023

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Committed Cargo Care Limited Allotment Status

Designated Registrar: Bigshare Services Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

13 Oct 2023

Basis finalization

Refunds Initiate

14 Oct 2023

Mandate release

Demat Credit

15 Oct 2023

Shares in demat

Listing Debut

18 Oct 2023

Trading begins

About Committed Cargo Care Limited Public Issue & Market Profile

Committed Cargo Care Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹24.98 Crores. The shares are offered at a price band of ₹77 to ₹77 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.

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 2023-10-10, the basis of allotment is scheduled to be finalized on 2023-10-13. 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.