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 Deepak Chemtex Limited IPO?

Deepak Chemtex Limited IPO has received a total subscription of 403.10 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Deepak Chemtex Limited

ListedSME

Emerging SME Services · BSE

Incorporated in 1997, Deepak Chemtex Limited manufactures colorants used in Food, Drug, Cosmetics, Agriculture, Cleaning compounds, and other industries. The company produces FDC (Food, Drug & Cosmetic) colors for bakery, beverages, dairy products, pet foods, and personal care, as well as salt-free dyes for inkjet printing, pond dyes for lakes and pools, and other specialty colorants for car wash, sanitation cleaners, lubricants, seeds, fertilizers, floral applications, etc. Its ISO 9001:2015 certified manufacturing unit is located in Ratnagiri, Maharashtra, with a capacity of 1200+ MT per annum and holds HALAL and KOSHER certifications. The company has over 100 products and exports to China, Europe, Japan, Australia, the UK, USA and more.

Price Band

₹76 – ₹80

Issue Size

₹23.04 Cr

Lot Size

1600 shares

GMP

₹75

+93.8%

Est. Listing

₹155

at current GMP

Subscribed

403.10x

overall

Open

29 Nov 2023

1 Dec 2023

Allotment

4 Dec 2023

Refund

5 Dec 2023

Demat Credit

6 Dec 2023

Listing

6 Dec 2023

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

403.10x

Total Demand

QIB Multiplier

96.80x

Institutions & Funds

NII / HNI

642.61x

High Net-Worth

Retail (RII)

475.35x

Individual Bidders

Category-Wise Subscription Breakup

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

Total 403.10x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	547,200	52,969,600	96.80x
NIB	411,200	264,240,000	642.61x
RETAIL	956,800	454,814,400	475.35x
Total	1,915,200	772,024,000	403.10x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 481.24x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	630	299,471	475.35x
HNIs (10L +)	4	2,570	642.61x
HNIs (2-10L)	19	12,210	642.61x
Total Applications	653	314,251	481.24x

Day-Wise Subscription Progress

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

About Deepak Chemtex Limited Public Issue & Market Profile

Deepak Chemtex Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹23.04 Crores. The shares are offered at a price band of ₹76 to ₹80 per equity share on BSE. 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 2023-12-01, the basis of allotment is scheduled to be finalized on 2023-12-04. 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 Deepak Chemtex Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Deepak Chemtex Limited IPO is ₹75 per equity share. Based on the upper price band of ₹76 to ₹80 per equity share, the estimated listing price is ₹155 (+93.8% expected listing gain).

What is the expected profit per lot for Deepak Chemtex Limited IPO?

With a lot size of 1600 shares and current GMP of ₹75, the expected profit per application lot is approx ₹1,20,000 (+93.8% gain). Minimum application cost is approx ₹1,28,000.

What is the issue size and price band for Deepak Chemtex Limited IPO?

The Deepak Chemtex Limited IPO aggregate issue size is ₹23.04 Crores with an equity price band set at ₹76 to ₹80 per equity share. The retail lot size is 1600 shares requiring a minimum capital outlay of approx. ₹1,28,000.

How can I check Deepak Chemtex Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 403.10x (Retail: 475.35x, QIB: 96.80x, NII: 642.61x). You can track live multiples directly on our dedicated subscription page.

Where and when will Deepak Chemtex 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 2023-12-04. Investors can verify status using PAN card or application number.

When is the listing date for Deepak Chemtex Limited IPO?

Deepak Chemtex Limited shares are scheduled to list on BSE on 2023-12-06.