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 Frog Cellsat Limited IPO allotment date?

The basis of allotment for Frog Cellsat Limited IPO is scheduled to be finalized on 11 Oct 2022.

Where can I check Frog Cellsat Limited IPO allotment status?

You can check your allotment status on the official registrar portal (Skyline Financial Services Private Ltd) 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 12 Oct 2022.

Frog Cellsat Limited

ListedSME

Emerging SME Services · NSE

Incorporated in 2004, Frog Cellsat Limited specializes in manufacturing telecom equipment used by telecom operators, particularly for telecom towers. The company produces 2G/3G/4G multi-band digital RF repeaters, multi-band frequency shift repeaters, multi-band optical DAS systems, along with related software and accessories. In addition to manufacturing, the company offers a range of services, including installation and roll-out services, as well as network maintenance services. Frog Cellsat Limited operates two production units, one located in Noida and the other in Dehradun. Its design, development, manufacturing, and quality control processes are ISO 9001:2015 certified. The company provides its products and services across Asia, Europe, Africa, and the Middle East, catering to a global telecom market.

Price Band

₹102

Issue Size

₹41.57 Cr

Lot Size

1200 shares

GMP

₹60

+58.8%

Est. Listing

₹162

at current GMP

Subscribed

21.06x

overall

Open

29 Sep 2022

4 Oct 2022

Allotment

11 Oct 2022

Refund

12 Oct 2022

Demat Credit

13 Oct 2022

Listing

13 Oct 2022

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Frog Cellsat Limited Allotment Status

Designated Registrar: Skyline Financial Services Private Ltd

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

11 Oct 2022

Basis finalization

Refunds Initiate

12 Oct 2022

Mandate release

Demat Credit

13 Oct 2022

Shares in demat

Listing Debut

13 Oct 2022

Trading begins

How to Check Frog Cellsat Limited IPO Allotment Status

Click the Check on Registrar button above to visit Skyline Financial Services Private Ltd's allotment portal.
Select Frog Cellsat 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 Frog Cellsat Limited Public Issue & Market Profile

Frog Cellsat Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹41.57 Crores. The shares are offered at a price band of ₹102 to ₹102 per equity share on NSE. 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 2022-10-04, the basis of allotment is scheduled to be finalized on 2022-10-11. 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 Ltd) 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.