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.

What is the current subscription status of Cosmic CRF Limited IPO?

Cosmic CRF Limited IPO has received a total subscription of 1.16 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Cosmic CRF Limited

ListedSME

Manufacturing · BSE

Incorporated in 2021, Cosmic CRF Limited is engaged in supplying cold-rolled stainless sections to manufacturing companies and directly to Indian Railways through tender procurement. Its major clients include Titagarh Wagons, Hindusthan Engineering & Industries, Melbrow Engineering Works, Jindal Rail Infrastructure, and Allied Construction Engineers & Fabricators. Through a Business Transfer Agreement dated January 19, 2022, Cosmic CRF acquired the CRF unit of Cosmic Ferro Alloys Limited in West Bengal, spanning 3.82 acres. The unit produces cold-rolled stainless sections for railways, infrastructure, EPC projects, and highways. As of March 31, 2023, the company’s order book stood at ₹53,640.82 lakhs.

Price Band

₹298 – ₹314

Issue Size

₹57.21 Cr

Lot Size

400 shares

GMP

—

Est. Listing

₹314

at current GMP

Subscribed

1.16x

overall

Open

14 Jun 2023

21 Jun 2023

Allotment

26 Jun 2023

Refund

27 Jun 2023

Demat Credit

28 Jun 2023

Listing

30 Jun 2023

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

1.16x

Total Demand

QIB Multiplier

0.00x

Institutions & Funds

NII / HNI

0.00x

High Net-Worth

Retail (RII)

0.00x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 1.16x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
Qualified Institutional (QIB)	910,987	—	0.00x
Non-Institutional (NII / HNI)	273,296	—	0.00x
Retail Individual (RII)	637,691	—	0.00x
Total	1,821,974	0	1.16x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 1.16x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	1,594	1,849	1.16x
HNIs (10L +)	10	12	1.20x
HNIs (2-10L)	49	57	1.16x
Total Applications	1,653	1,918	1.16x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About Cosmic CRF Limited Public Issue & Market Profile

Cosmic CRF Limited is bringing an initial public offering (IPO) in the Manufacturing sector with an aggregate issue size of ₹57.21 Crores. The shares are offered at a price band of ₹298 to ₹314 per equity share on BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.

Bidding & Quota Instructions:

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.

Allotment Reconciliation Schedule:

Following the close of bidding on 2023-06-21, the basis of allotment is scheduled to be finalized on 2023-06-26. 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 (Mas Services Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is Cosmic CRF Limited IPO GMP today?

Currently, Cosmic CRF Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹298 to ₹314 per equity share.

What is the expected profit per lot for Cosmic CRF Limited IPO?

The retail lot size is 400 shares requiring a minimum application amount of ₹1,25,600. Expected listing price is ₹314 per equity share.

What is the issue size and price band for Cosmic CRF Limited IPO?

The Cosmic CRF Limited IPO aggregate issue size is ₹57.21 Crores with an equity price band set at ₹298 to ₹314 per equity share. The retail lot size is 400 shares requiring a minimum capital outlay of approx. ₹1,25,600.

How can I check Cosmic CRF Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 1.16x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.

Where and when will Cosmic CRF Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Mas Services Limited) and the BSE status verification website on or around 2023-06-26. Investors can verify status using PAN card or application number.

When is the listing date for Cosmic CRF Limited IPO?

Cosmic CRF Limited shares are scheduled to list on BSE on 2023-06-30.