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 Essen Speciality Films Limited IPO?

Essen Speciality Films Limited IPO has received a total subscription of 71.10 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Essen Speciality Films Limited

ListedSME

Manufacturing · NSE

Essen Speciality Films Limited, incorporated in 2002, manufactures and exports specialized plastic products for the home improvement and home furnishing industry, supplying global modern trade retailers such as IKEA, Walmart, Kmart, Bed Bath & Beyond, Rusta, Runsven, Kohl's, and Kroger. Its product portfolio includes bath area accessories, artificial plants and flowers, kitchen and dining items, storage and organization solutions, fitness and lifestyle products, outdoor and utility items, and customized offerings such as plastic films, spa slippers, baby shower caps, and greenhouse gutter sheets. The company markets products primarily under the brands ‘Draperi’ (shower curtains), ‘Runner’ (shelf liners), and ‘Paperi’ (artificial plants and placemats). Essen Speciality Films serves a diverse customer base across multiple industries and exports to 24 countries, including the USA, China, Germany, UK, Italy, Canada, UAE, and Australia. Recognized as a ‘two-star export house’ by the Ministry of Commerce & Industry, Government of India, the company has also received IKEA’s ‘Best Supplier of the Year’ award twice.

Price Band

₹101 – ₹107

Issue Size

₹66.33 Cr

Lot Size

1200 shares

GMP

₹57

+53.3%

Est. Listing

₹164

at current GMP

Subscribed

71.10x

overall

Open

23 Jun 2023

27 Jun 2023

Allotment

3 Jul 2023

Refund

4 Jul 2023

Demat Credit

5 Jul 2023

Listing

6 Jul 2023

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

71.10x

Total Demand

QIB Multiplier

45.26x

Institutions & Funds

NII / HNI

112.56x

High Net-Worth

Retail (RII)

68.07x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 71.10x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	1,177,200	53,284,800	45.26x
NIB	884,400	99,550,800	112.56x
RETAIL	2,061,600	140,329,200	68.07x
Total	4,123,200	293,164,800	71.10x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 69.66x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	1,808	123,071	68.07x
HNIs (10L +)	12	1,351	112.56x
HNIs (2-10L)	55	6,191	112.56x
Total Applications	1,875	130,613	69.66x

Day-Wise Subscription Progress

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

About Essen Speciality Films Limited Public Issue & Market Profile

Essen Speciality Films Limited is bringing an initial public offering (IPO) in the Manufacturing sector with an aggregate issue size of ₹66.33 Crores. The shares are offered at a price band of ₹101 to ₹107 per equity share on NSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.

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 2023-06-27, the basis of allotment is scheduled to be finalized on 2023-07-03. 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 (Bigshare Services Private Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is Essen Speciality Films Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Essen Speciality Films Limited IPO is ₹57 per equity share. Based on the upper price band of ₹101 to ₹107 per equity share, the estimated listing price is ₹164 (+53.3% expected listing gain).

What is the expected profit per lot for Essen Speciality Films Limited IPO?

With a lot size of 1200 shares and current GMP of ₹57, the expected profit per application lot is approx ₹68,400 (+53.3% gain). Minimum application cost is approx ₹1,28,400.

What is the issue size and price band for Essen Speciality Films Limited IPO?

The Essen Speciality Films Limited IPO aggregate issue size is ₹66.33 Crores with an equity price band set at ₹101 to ₹107 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,28,400.

How can I check Essen Speciality Films Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 71.10x (Retail: 68.07x, QIB: 45.26x, NII: 112.56x). You can track live multiples directly on our dedicated subscription page.

Where and when will Essen Speciality Films Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2023-07-03. Investors can verify status using PAN card or application number.

When is the listing date for Essen Speciality Films Limited IPO?

Essen Speciality Films Limited shares are scheduled to list on NSE on 2023-07-06.