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 Earkart Limited IPO allotment date?

The basis of allotment for Earkart Limited IPO is scheduled to be finalized on 30 Sep 2025.

Where can I check Earkart Limited IPO allotment status?

You can check your allotment status on the official registrar portal (Skyline Financial 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 1 Oct 2025.

IPO GreyPremiumLIVE

Grey Market Intelligence

Earkart Limited

ListedSME

Healthcare Technology · BSE

Earkart Limited is a HealthTech platform focused on hearing aids and related accessories, offering advanced devices such as Receiver-In-Canal, Invisible, Behind-The-Ear, In-The-Ear, In-The-Canal, and Completely-In-Canal models. The company also distributes products like adjustable foldable walkers and educational materials for physically challenged individuals. It sells through a network of partners and clinics in India and abroad and is a recognized Government e-Market supplier to ALIMCO under the Ministry of Social Justice and Empowerment. In April 2024, it introduced a Shop-in-Shop model for opticians and ENT/optical clinics, operating 49 clinics across 22 cities in 6 states and 2 Union Territories. Its manufacturing unit is based in Noida, covering 4,500 square feet.

Price Band

₹135

Issue Size

₹49.26 Cr

Lot Size

1000 shares

GMP

—

Est. Listing

₹135

at current GMP

Subscribed

1.04x

overall

Open

25 Sep 2025

29 Sep 2025

Allotment

30 Sep 2025

Refund

1 Oct 2025

Demat Credit

2 Oct 2025

Listing

3 Oct 2025

Last updated 11 months ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Earkart Limited Allotment Status

Designated Registrar: Skyline Financial Services Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

30 Sep 2025

Basis finalization

Refunds Initiate

1 Oct 2025

Mandate release

Demat Credit

2 Oct 2025

Shares in demat

Listing Debut

3 Oct 2025

Trading begins

About Earkart Limited Public Issue & Market Profile

Earkart Limited is bringing an initial public offering (IPO) in the Healthcare Technology sector with an aggregate issue size of ₹49.26 Crores. The shares are offered at a price band of ₹135 to ₹135 per equity share on BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.

Public Issue & Allotment Procedure:

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.

Official Allotment Timelines & Registrar Guidance:

Following the close of bidding on 2025-09-29, the basis of allotment is scheduled to be finalized on 2025-09-30. 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 (Skyline Financial Services Private Limited) or the BSE allotment checking window.

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.