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 E Factor Experiences Limited IPO allotment date?

The basis of allotment for E Factor Experiences Limited IPO is scheduled to be finalized on 5 Oct 2023.

Where can I check E Factor Experiences Limited IPO allotment status?

You can check your allotment status on the official registrar portal (Maashitla Securities 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 6 Oct 2023.

E Factor Experiences Limited

ListedSME

Emerging SME Services · NSE

Incorporated in 2003, E Factor Experiences Limited is an Indian event management company offering event experiences, event services, turnkey projects, permanent and semi-permanent multimedia light and sound installations, wedding & private event solutions, and technology-based experiential setups. The company handles government tourism festivals, concerts, televised events, sporting events, and large celebrations with offices in Delhi, Noida, Jaipur, and Odisha and a team of 32 employees. Popular events handled include Eco Retreat Odisha, DotFest Bhubaneswar, Laser Show at Deepotsav, Kashi Balloon & Boat Race, and “Baba Saheb” the grand musical. Through its subsidiary “Sky Waltz”, the company also operates hot air balloon and yachting tourism activities across India, approved as a commercial balloon operator for 12+ years. It further holds a 46.33% stake in Untamed Leisure and Hospitality Private Limited, strengthening its presence in leisure, entertainment, and hospitality services.

Price Band

₹71 – ₹75

Issue Size

₹25.92 Cr

Lot Size

1600 shares

GMP

₹55

+73.3%

Est. Listing

₹130

at current GMP

Subscribed

73.21x

overall

Open

27 Sep 2023

3 Oct 2023

Allotment

5 Oct 2023

Refund

6 Oct 2023

Demat Credit

7 Oct 2023

Listing

9 Oct 2023

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

E Factor Experiences Limited Allotment Status

Designated Registrar: Maashitla Securities Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

5 Oct 2023

Basis finalization

Refunds Initiate

6 Oct 2023

Mandate release

Demat Credit

7 Oct 2023

Shares in demat

Listing Debut

9 Oct 2023

Trading begins

How to Check E Factor Experiences Limited IPO Allotment Status

Click the Check on Registrar button above to visit Maashitla Securities Private Limited's allotment portal.
Select E Factor Experiences Limited from the dropdown company list.
Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
Enter your details accurately and solve the Captcha code.
Click Submit / Search to view the number of shares applied and allotted to you.

About E Factor Experiences Limited Public Issue & Market Profile

E Factor Experiences Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹25.92 Crores. The shares are offered at a price band of ₹71 to ₹75 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 1600 shares (approx. ₹1,20,000 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 Maashitla Securities Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-10-07, while un-allotted funds or UPI block mandates will be released on 2023-10-06.

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.