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 Crayons Advertising Limited IPO allotment date?

The basis of allotment for Crayons Advertising Limited IPO is scheduled to be finalized on 30 May 2023.

Where can I check Crayons Advertising Limited IPO allotment status?

You can check your allotment status on the official registrar portal (Skyline Financial 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 31 May 2023.

IPO GreyPremiumLIVE

Grey Market Intelligence

Crayons Advertising Limited

ListedSME

Media & Advertising · NSE

Incorporated in 1986, Crayons Advertising Limited is a full-service integrated marketing and communications agency offering 360-degree solutions across brand strategy, creative services, digital and offline media planning, event management, and design solutions. With over 36 years of experience, the company provides end-to-end advertising and ad-tech services through newspapers, magazines, brochures, television, FM channels, and outdoor hoardings, catering to diverse client needs while combining creative excellence with pragmatic marketing strategies.

Price Band

₹62 – ₹65

Issue Size

₹41.80 Cr

Lot Size

2000 shares

GMP

₹38

+58.5%

Est. Listing

₹103

at current GMP

Subscribed

147.61x

overall

Open

22 May 2023

25 May 2023

Allotment

30 May 2023

Refund

31 May 2023

Demat Credit

1 Jun 2023

Listing

2 Jun 2023

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Crayons Advertising Limited Allotment Status

Designated Registrar: Skyline Financial Services Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

30 May 2023

Basis finalization

Refunds Initiate

31 May 2023

Mandate release

Demat Credit

1 Jun 2023

Shares in demat

Listing Debut

2 Jun 2023

Trading begins

About Crayons Advertising Limited Public Issue & Market Profile

Crayons Advertising Limited is bringing an initial public offering (IPO) in the Media & Advertising sector with an aggregate issue size of ₹41.8 Crores. The shares are offered at a price band of ₹62 to ₹65 per equity share on NSE. 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 2000 shares (approx. ₹1,30,000 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 Skyline Financial Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-06-01, while un-allotted funds or UPI block mandates will be released on 2023-05-31.

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.