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 Dhariwal corp Limited IPO?

Dhariwal corp Limited IPO has received a total subscription of 177.82 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Dhariwal corp Limited

ListedSME

Emerging SME Services · NSE

Dhariwalcorp Limited, established in 2020, specializes in trading various waxes, industrial chemicals, and petroleum jelly. The company deals in Paraffin Wax, Micro Wax, Carnauba Wax, and chemicals like Rubber Process Oil and Citric Acid Monohydrate, serving industries such as plywood, pharmaceuticals, and adhesives. With processing units and warehouses in Jodhpur, Bhiwandi, Ahmedabad, and Mundra, it operates across 21 states, 3 Union Territories, and exports to Nepal. In FY 2024, the company reported domestic sales of ₹226.30 Lakhs, supported by a dedicated team of 7 employees.

Price Band

₹102 – ₹106

Issue Size

₹25.15 Cr

Lot Size

1200 shares

GMP

₹36

+34.0%

Est. Listing

₹142

at current GMP

Subscribed

177.82x

overall

Open

1 Aug 2024

5 Aug 2024

Allotment

6 Aug 2024

Refund

7 Aug 2024

Demat Credit

8 Aug 2024

Listing

8 Aug 2024

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

177.82x

Total Demand

QIB Multiplier

76.93x

Institutions & Funds

NII / HNI

280.25x

High Net-Worth

Retail (RII)

189.14x

Individual Bidders

Category-Wise Subscription Breakup

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

Total 177.82x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	442,800	34,066,800	76.93x
NIB	348,000	97,526,400	280.25x
RETAIL	798,000	150,932,400	189.14x
Total	1,588,800	282,525,600	177.82x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 192.32x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	692	130,885	189.14x
HNIs (10L +)	4	1,121	280.25x
HNIs (2-10L)	21	5,885	280.25x
Total Applications	717	137,891	192.32x

Day-Wise Subscription Progress

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

About Dhariwal corp Limited Public Issue & Market Profile

Dhariwal corp Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹25.15 Crores. The shares are offered at a price band of ₹102 to ₹106 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.

Bidding & Quota Instructions:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1200 shares (approx. ₹1,27,200 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.

Allotment Reconciliation Schedule:

Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-08-08, while un-allotted funds or UPI block mandates will be released on 2024-08-07.

Frequently Asked Questions

What is Dhariwal corp Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Dhariwal corp Limited IPO is ₹36 per equity share. Based on the upper price band of ₹102 to ₹106 per equity share, the estimated listing price is ₹142 (+34.0% expected listing gain).

What is the expected profit per lot for Dhariwal corp Limited IPO?

With a lot size of 1200 shares and current GMP of ₹36, the expected profit per application lot is approx ₹43,200 (+34.0% gain). Minimum application cost is approx ₹1,27,200.

What is the issue size and price band for Dhariwal corp Limited IPO?

The Dhariwal corp Limited IPO aggregate issue size is ₹25.15 Crores with an equity price band set at ₹102 to ₹106 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,27,200.

How can I check Dhariwal corp Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 177.82x (Retail: 189.14x, QIB: 76.93x, NII: 280.25x). You can track live multiples directly on our dedicated subscription page.

Where and when will Dhariwal corp 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 2024-08-06. Investors can verify status using PAN card or application number.

When is the listing date for Dhariwal corp Limited IPO?

Dhariwal corp Limited shares are scheduled to list on NSE on 2024-08-08.