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.

When is the Digikore Studios Limited IPO allotment date?

The basis of allotment for Digikore Studios Limited IPO is scheduled to be finalized on 29 Sep 2023.

Where can I check Digikore Studios Limited IPO allotment status?

You can check your allotment status on the official registrar portal (Bigshare Services Private Limited) or on the BSE India website using your PAN card number or application number.

When will unallotted IPO application funds be unblocked?

Refund initiation and UPI mandate revocation for unallotted applications starts on or around 30 Sep 2023.

IPO GreyPremiumLIVE

Grey Market Intelligence

Digikore Studios Limited

ListedSME

Media & Entertainment · NSE

Incorporated in 2000, Digikore Studios Limited is a visual effects studio providing end-to-end VFX services for films, web series, TV, documentaries, and commercials. The company has worked on major global projects like Thor: Love and Thunder, Black Panther: Wakanda Forever, Jumanji, Stranger Things, Titanic, Deadpool, Star Trek, and more. Digikore serves clients across India, Australia, New Zealand, the US, and Europe, and reported revenues of ₹3,555.83 lakh in FY23, ₹2,488.39 lakh in FY22, and ₹615.53 lakh in FY21.

Price Band

₹168 – ₹171

Issue Size

₹30.48 Cr

Lot Size

800 shares

GMP

₹65

+38.0%

Est. Listing

₹236

at current GMP

Subscribed

281.72x

overall

Open

25 Sep 2023

27 Sep 2023

Allotment

29 Sep 2023

Refund

30 Sep 2023

Demat Credit

1 Oct 2023

Listing

4 Oct 2023

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Digikore Studios Limited Allotment Status

Designated Registrar: Bigshare Services Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

29 Sep 2023

Basis finalization

Refunds Initiate

30 Sep 2023

Mandate release

Demat Credit

1 Oct 2023

Shares in demat

Listing Debut

4 Oct 2023

Trading begins

About Digikore Studios Limited Public Issue & Market Profile

Digikore Studios Limited is bringing an initial public offering (IPO) in the Media & Entertainment sector with an aggregate issue size of ₹30.48 Crores. The shares are offered at a price band of ₹168 to ₹171 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.

Public Issue & Allotment Procedure:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 800 shares (approx. ₹1,36,800 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.

Official Allotment Timelines & Registrar Guidance:

Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-10-01, while un-allotted funds or UPI block mandates will be released on 2023-09-30.

Frequently Asked Questions

What if my name is not showing on the registrar portal?

Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.

How will I receive the refund if I don't get allotment?

Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.