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 De Neers Tools Limited IPO?

De Neers Tools Limited IPO has received a total subscription of 15.04 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

De Neers Tools Limited

ListedSME

Manufacturing · NSE

Incorporated in 1952, De Neers Tools Limited is a supplier of industrial and safety tools under the brand name "De Neers." The company offers a wide range of products, including spanners, wrenches, pliers, cutters, allen keys, hammers, socketry, screwdrivers, tool kits, tool cabinets, and trolleys, as well as specialized tools like non-sparking, insulated, stainless steel, magnetic, and titanium tools. With approximately 250 dealers across India, De Neers serves clients such as Tata Steel, Indian Oil, Larsen & Toubro, Assam Petrochemicals, Polycab Cables, and Indian Railways, leveraging its experienced management team, strong distribution system, product quality, and reliable supply chain.

Price Band

₹95 – ₹101

Issue Size

₹23.00 Cr

Lot Size

1200 shares

GMP

₹43

+42.6%

Est. Listing

₹144

at current GMP

Subscribed

15.04x

overall

Open

28 Apr 2023

3 May 2023

Allotment

8 May 2023

Refund

9 May 2023

Demat Credit

10 May 2023

Listing

11 May 2023

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

15.04x

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 15.04x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
Qualified Institutional (QIB)	1,138,614	—	0.00x
Non-Institutional (NII / HNI)	341,584	—	0.00x
Retail Individual (RII)	797,030	—	0.00x
Total	2,277,228	0	15.04x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 15.04x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	664	9,987	15.04x
HNIs (10L +)	4	60	15.00x
HNIs (2-10L)	20	301	15.05x
Total Applications	688	10,348	15.04x

Day-Wise Subscription Progress

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

About De Neers Tools Limited Public Issue & Market Profile

De Neers Tools Limited is bringing an initial public offering (IPO) in the Manufacturing sector with an aggregate issue size of ₹23 Crores. The shares are offered at a price band of ₹95 to ₹101 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.

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 2023-05-03, the basis of allotment is scheduled to be finalized on 2023-05-08. 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 is De Neers Tools Limited IPO GMP today?

The latest Grey Market Premium (GMP) for De Neers Tools Limited IPO is ₹43 per equity share. Based on the upper price band of ₹95 to ₹101 per equity share, the estimated listing price is ₹144 (+42.6% expected listing gain).

What is the expected profit per lot for De Neers Tools Limited IPO?

With a lot size of 1200 shares and current GMP of ₹43, the expected profit per application lot is approx ₹51,600 (+42.6% gain). Minimum application cost is approx ₹1,21,200.

What is the issue size and price band for De Neers Tools Limited IPO?

The De Neers Tools Limited IPO aggregate issue size is ₹23 Crores with an equity price band set at ₹95 to ₹101 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,21,200.

How can I check De Neers Tools Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 15.04x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.

Where and when will De Neers Tools Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2023-05-08. Investors can verify status using PAN card or application number.

When is the listing date for De Neers Tools Limited IPO?

De Neers Tools Limited shares are scheduled to list on NSE on 2023-05-11.