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 Finelistings Technologies Limited IPO?

Finelistings Technologies Limited IPO has received a total subscription of 37.49 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Finelistings Technologies Limited

ListedSME

Consumer Services & Technology · BSE

Finelistings Technologies Limited, founded in 2018, operates in two key areas: luxury car sales and software development. Under its Finecars brand, the company specializes in selling high-end pre-owned vehicles, including sedans, SUVs, sports cars, and convertibles, with an average price of ₹40 lakh. It prioritizes customer satisfaction by offering after-sales support and repair services through partnered service centers, along with financing assistance from third-party providers. In August 2022, Finelistings opened its first showroom at Ambience Mall, Vasant Kunj (NCR), strategically positioning itself in the luxury car market. Alongside its automotive business, the company also provides advanced software development services, offering cloud solutions, big data analytics, cloud architecture, data engineering, IoT development, and web solutions to help businesses with digital transformation. Despite being in its early stages, Finelistings has a small but skilled team of five employees (as of October 31, 2023), committed to driving innovation and business growth.

Price Band

₹123

Issue Size

₹13.53 Cr

Lot Size

1000 shares

GMP

₹21

+17.1%

Est. Listing

₹144

at current GMP

Subscribed

37.49x

overall

Open

7 May 2024

9 May 2024

Allotment

10 May 2024

Refund

11 May 2024

Demat Credit

12 May 2024

Listing

14 May 2024

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

37.49x

Total Demand

QIB Multiplier

0.00x

Institutions & Funds

NII / HNI

36.03x

High Net-Worth

Retail (RII)

38.96x

Individual Bidders

Category-Wise Subscription Breakup

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

Total 37.49x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
NIB	521,000	18,773,000	36.03x
RETAIL	521,000	20,296,000	38.96x
Total	1,042,000	39,069,000	37.49x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 38.86x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	385	15,000	38.96x
HNIs (10L +)	2	72	36.03x
HNIs (2-10L)	12	432	36.03x
Total Applications	399	15,504	38.86x

Day-Wise Subscription Progress

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

About Finelistings Technologies Limited Public Issue & Market Profile

Finelistings Technologies Limited is bringing an initial public offering (IPO) in the Consumer Services & Technology sector with an aggregate issue size of ₹13.53 Crores. The shares are offered at a price band of ₹123 to ₹123 per equity share on BSE. 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 1000 shares (approx. ₹1,23,000 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 Skyline Financial Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-05-12, while un-allotted funds or UPI block mandates will be released on 2024-05-11.

Frequently Asked Questions

What is Finelistings Technologies Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Finelistings Technologies Limited IPO is ₹21 per equity share. Based on the upper price band of ₹123 to ₹123 per equity share, the estimated listing price is ₹144 (+17.1% expected listing gain).

What is the expected profit per lot for Finelistings Technologies Limited IPO?

With a lot size of 1000 shares and current GMP of ₹21, the expected profit per application lot is approx ₹21,000 (+17.1% gain). Minimum application cost is approx ₹1,23,000.

What is the issue size and price band for Finelistings Technologies Limited IPO?

The Finelistings Technologies Limited IPO aggregate issue size is ₹13.53 Crores with an equity price band set at ₹123 to ₹123 per equity share. The retail lot size is 1000 shares requiring a minimum capital outlay of approx. ₹1,23,000.

How can I check Finelistings Technologies Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 37.49x (Retail: 38.96x, QIB: 0.00x, NII: 36.03x). You can track live multiples directly on our dedicated subscription page.

Where and when will Finelistings Technologies Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Skyline Financial Services Private Limited) and the BSE status verification website on or around 2024-05-10. Investors can verify status using PAN card or application number.

When is the listing date for Finelistings Technologies Limited IPO?

Finelistings Technologies Limited shares are scheduled to list on BSE on 2024-05-14.