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 EXCELLENT WIRES AND PACKAGING LIMITED IPO?

EXCELLENT WIRES AND PACKAGING LIMITED IPO has received a total subscription of 20.43 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

EXCELLENT WIRES AND PACKAGING LIMITED

ListedSME

Capital Goods / Industrial Manufacturing · NSE

Established in March 2021, Excellent Wires and Packaging Limited manufactures a variety of wires and wire ropes under the "Excellent" brand, including Spring Steel Wire, High Carbon Wire, and Galvanised Wire (GI Wire), among others. The company’s products are grouped into Brass Wires & Products, Steel Wires & Products, and Other Products like Packaging Materials, serving industries such as Packaging, Engineering, Stationery, Imitation Jewelry, and Wires & Cables. With an ISO 9001:2015 Certification for quality management, Excellent Wires and Packaging Limited continues to uphold high standards. As of July 2024, the company has a team of 18 employees across various departments.

Price Band

₹90

Issue Size

₹12.60 Cr

Lot Size

1600 shares

GMP

—

Est. Listing

₹90

at current GMP

Subscribed

20.43x

overall

Open

11 Sep 2024

13 Sep 2024

Allotment

16 Sep 2024

Refund

17 Sep 2024

Demat Credit

18 Sep 2024

Listing

19 Sep 2024

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

20.43x

Total Demand

QIB Multiplier

0.00x

Institutions & Funds

NII / HNI

8.86x

High Net-Worth

Retail (RII)

32.00x

Individual Bidders

Category-Wise Subscription Breakup

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

Total 20.43x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
NIB	664,000	5,883,200	8.86x
RETAIL	664,000	21,244,800	32.00x
Total	1,328,000	27,128,000	20.43x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 31.20x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	306	9,792	32.00x
HNIs (10L +)	2	18	8.86x
HNIs (2-10L)	9	80	8.86x
Total Applications	317	9,890	31.20x

Day-Wise Subscription Progress

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

About EXCELLENT WIRES AND PACKAGING LIMITED Public Issue & Market Profile

EXCELLENT WIRES AND PACKAGING LIMITED is bringing an initial public offering (IPO) in the Capital Goods / Industrial Manufacturing sector with an aggregate issue size of ₹12.6 Crores. The shares are offered at a price band of ₹90 to ₹90 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.

Bidding & Quota Instructions:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1600 shares (approx. ₹1,44,000 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.

Allotment Reconciliation Schedule:

Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-09-18, while un-allotted funds or UPI block mandates will be released on 2024-09-17.

Frequently Asked Questions

What is EXCELLENT WIRES AND PACKAGING LIMITED IPO GMP today?

Currently, EXCELLENT WIRES AND PACKAGING LIMITED IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹90 to ₹90 per equity share.

What is the expected profit per lot for EXCELLENT WIRES AND PACKAGING LIMITED IPO?

The retail lot size is 1600 shares requiring a minimum application amount of ₹1,44,000. Expected listing price is ₹90 per equity share.

What is the issue size and price band for EXCELLENT WIRES AND PACKAGING LIMITED IPO?

The EXCELLENT WIRES AND PACKAGING LIMITED IPO aggregate issue size is ₹12.6 Crores with an equity price band set at ₹90 to ₹90 per equity share. The retail lot size is 1600 shares requiring a minimum capital outlay of approx. ₹1,44,000.

How can I check EXCELLENT WIRES AND PACKAGING LIMITED IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 20.43x (Retail: 32.00x, QIB: 0.00x, NII: 8.86x). You can track live multiples directly on our dedicated subscription page.

Where and when will EXCELLENT WIRES AND PACKAGING 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 2024-09-16. Investors can verify status using PAN card or application number.

When is the listing date for EXCELLENT WIRES AND PACKAGING LIMITED IPO?

EXCELLENT WIRES AND PACKAGING LIMITED shares are scheduled to list on NSE on 2024-09-19.