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 Crop Life Science Limited IPO?

Crop Life Science Limited IPO has received a total subscription of 4.40 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Crop Life Science Limited

ListedSME

Chemicals & Agrochemicals · NSE

Incorporated in 2006, Crop Life Science Limited manufactures, distributes, and markets agrochemical formulations, including micro fertilizers and pesticides such as insecticides, fungicides, herbicides, and weedicides. Its manufacturing facility is located at GIDC Ankleshwar, Gujarat, covering 5,831.10 square meters. The company exports its products to countries including Indonesia, Bangladesh, Egypt, Myanmar, Vietnam, and Sudan. Crop Life Science’s products are registered with the Central Insecticides Board, approved by the Directorate of Agriculture, Gujarat, and comply with Gujarat Pollution Control Board regulations. Its portfolio comprises over 85 agrochemical products. The company’s IPO is a fixed-price issue of ₹52 per share, totaling Rs 26.73 crore, to list on NSE SME.

Price Band

₹52

Issue Size

₹26.73 Cr

Lot Size

2000 shares

GMP

₹6

-11.5%

Est. Listing

₹46

at current GMP

Subscribed

4.40x

overall

Open

18 Aug 2023

22 Aug 2023

Allotment

25 Aug 2023

Refund

26 Aug 2023

Demat Credit

27 Aug 2023

Listing

30 Aug 2023

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

4.40x

Total Demand

QIB Multiplier

0.00x

Institutions & Funds

NII / HNI

1.66x

High Net-Worth

Retail (RII)

7.15x

Individual Bidders

Category-Wise Subscription Breakup

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

Total 4.40x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
NIB	2,440,000	4,044,000	1.66x
RETAIL	2,440,000	17,436,000	7.15x
Total	4,880,000	21,480,000	4.40x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 6.95x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	900	6,435	7.15x
HNIs (10L +)	6	10	1.66x
HNIs (2-10L)	28	46	1.66x
Total Applications	934	6,491	6.95x

Day-Wise Subscription Progress

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

About Crop Life Science Limited Public Issue & Market Profile

Crop Life Science Limited is bringing an initial public offering (IPO) in the Chemicals & Agrochemicals sector with an aggregate issue size of ₹26.73 Crores. The shares are offered at a price band of ₹52 to ₹52 per equity share on NSE. 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 2023-08-22, the basis of allotment is scheduled to be finalized on 2023-08-25. 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 (Purva Sharegistry India Private Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is Crop Life Science Limited IPO GMP today?

Currently, Crop Life Science 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 ₹52 to ₹52 per equity share.

What is the expected profit per lot for Crop Life Science Limited IPO?

The retail lot size is 2000 shares requiring a minimum application amount of ₹1,04,000. Expected listing price is ₹46 per equity share.

What is the issue size and price band for Crop Life Science Limited IPO?

The Crop Life Science Limited IPO aggregate issue size is ₹26.73 Crores with an equity price band set at ₹52 to ₹52 per equity share. The retail lot size is 2000 shares requiring a minimum capital outlay of approx. ₹1,04,000.

How can I check Crop Life Science Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 4.40x (Retail: 7.15x, QIB: 0.00x, NII: 1.66x). You can track live multiples directly on our dedicated subscription page.

Where and when will Crop Life Science Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Purva Sharegistry India Private Limited) and the BSE status verification website on or around 2023-08-25. Investors can verify status using PAN card or application number.

When is the listing date for Crop Life Science Limited IPO?

Crop Life Science Limited shares are scheduled to list on NSE on 2023-08-30.