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 DU Digital Technologies Limited IPO allotment date?

The basis of allotment for DU Digital Technologies Limited IPO is scheduled to be finalized on 23 Aug 2021.

Where can I check DU Digital Technologies 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 24 Aug 2021.

IPO GreyPremiumLIVE

Grey Market Intelligence

DU Digital Technologies Limited

ListedSME

Technology · NSE

Incorporated in 2007, DU Digital Technologies provides visa processing services to various foreign embassies and acts as a link between visa applicants and the technical visa processing authorities by handling administrative and non-judgmental tasks such as document submission, digitalization, verification, and biometric data collection. The company also offers contractual services like document acceptance, attestation, and biometric capture, along with value-added services including premium lounges, prime time applications, mobile biometrics, SMS alerts, and courier services, and operates Visa Application Centers in major cities while partnering with VFS Global Services to extend its presence across multiple locations in India.

Price Band

₹65

Issue Size

₹4.49 Cr

Lot Size

2000 shares

GMP

—

Est. Listing

₹65

at current GMP

Subscribed

—

Open

12 Aug 2021

17 Aug 2021

Allotment

23 Aug 2021

Refund

24 Aug 2021

Demat Credit

25 Aug 2021

Listing

26 Aug 2021

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

DU Digital Technologies Limited Allotment Status

Designated Registrar: Bigshare Services Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

23 Aug 2021

Basis finalization

Refunds Initiate

24 Aug 2021

Mandate release

Demat Credit

25 Aug 2021

Shares in demat

Listing Debut

26 Aug 2021

Trading begins

About DU Digital Technologies Limited Public Issue & Market Profile

DU Digital Technologies Limited is bringing an initial public offering (IPO) in the Technology sector with an aggregate issue size of ₹4.49 Crores. The shares are offered at a price band of ₹65 to ₹65 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 2000 shares (approx. ₹1,30,000 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 2021-08-25, while un-allotted funds or UPI block mandates will be released on 2021-08-24.

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.