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 DHARNI Capital Services Limited IPO?

DHARNI Capital Services Limited IPO has received a total subscription of 6.57 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

DHARNI Capital Services Limited

ListedSME

Financial Services · BSE

Incorporated in 2015, Dharni Capital Services Limited provides a wide range of financial services, including mutual fund and fixed deposit distribution, real estate brokerage, and technical consultancy and outsourcing. With a presence in over 11 states, the company serves 300+ clients and manages an AUM of ₹200 crore as of March 2022. It focuses on understanding individual client profiles to create customized investment portfolios across diverse asset classes. Operating through both online and offline channels, Dharni Capital is promoted by Mr. Hemant Dharnidharka and Mrs. Preeti Saraogi. The company holds AMFI Registration No. ARN-144504 and is empaneled with top mutual funds such as ICICI Prudential, SBI, Axis, HDFC, Kotak, Aditya Birla Sun Life, Nippon, and UTI. As of September 30, 2022, and March 31, 2022, the mutual fund AUM stood at ₹5,379.30 lakhs and ₹6,367.60 lakhs, respectively.

Price Band

₹20

Issue Size

₹10.74 Cr

Lot Size

6000 shares

GMP

₹1

+5.0%

Est. Listing

₹21

at current GMP

Subscribed

6.57x

overall

Open

18 Jan 2023

20 Jan 2023

Allotment

26 Jan 2023

Refund

27 Jan 2023

Demat Credit

28 Jan 2023

Listing

31 Jan 2023

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

6.57x

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 6.57x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
Qualified Institutional (QIB)	2,685,000	—	0.00x
Non-Institutional (NII / HNI)	805,500	—	0.00x
Retail Individual (RII)	1,879,500	—	0.00x
Total	5,370,000	0	6.57x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 6.57x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	313	2,056	6.57x
HNIs (10L +)	2	13	6.50x
HNIs (2-10L)	10	66	6.60x
Total Applications	325	2,135	6.57x

Day-Wise Subscription Progress

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

About DHARNI Capital Services Limited Public Issue & Market Profile

DHARNI Capital Services Limited is bringing an initial public offering (IPO) in the Financial Services sector with an aggregate issue size of ₹10.74 Crores. The shares are offered at a price band of ₹20 to ₹20 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 2023-01-20, the basis of allotment is scheduled to be finalized on 2023-01-26. 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 (Cameo Corporate Services Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is DHARNI Capital Services Limited IPO GMP today?

The latest Grey Market Premium (GMP) for DHARNI Capital Services Limited IPO is ₹1 per equity share. Based on the upper price band of ₹20 to ₹20 per equity share, the estimated listing price is ₹21 (+5.0% expected listing gain).

What is the expected profit per lot for DHARNI Capital Services Limited IPO?

With a lot size of 6000 shares and current GMP of ₹1, the expected profit per application lot is approx ₹6,000 (+5.0% gain). Minimum application cost is approx ₹1,20,000.

What is the issue size and price band for DHARNI Capital Services Limited IPO?

The DHARNI Capital Services Limited IPO aggregate issue size is ₹10.74 Crores with an equity price band set at ₹20 to ₹20 per equity share. The retail lot size is 6000 shares requiring a minimum capital outlay of approx. ₹1,20,000.

How can I check DHARNI Capital Services Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 6.57x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.

Where and when will DHARNI Capital Services Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Cameo Corporate Services Limited) and the BSE status verification website on or around 2023-01-26. Investors can verify status using PAN card or application number.

When is the listing date for DHARNI Capital Services Limited IPO?

DHARNI Capital Services Limited shares are scheduled to list on BSE on 2023-01-31.