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 FSN E-Commerce Ventures Limited IPO allotment date?

The basis of allotment for FSN E-Commerce Ventures Limited IPO is scheduled to be finalized on 8 Nov 2021.

Where can I check FSN E-Commerce Ventures Limited IPO allotment status?

You can check your allotment status on the official registrar portal (Link Intime India 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 9 Nov 2021.

IPO GreyPremiumLIVE

Grey Market Intelligence

FSN E-Commerce Ventures Limited

ListedMainboard

Consumer Discretionary · NSE / BSE

Incorporated in 2012, Nykaa is a consumer technology platform offering a content-driven lifestyle shopping experience in beauty, personal care, and fashion. The company operates through two main verticals, beauty and personal care under Nykaa and apparel and accessories under Nykaa Fashion, offering a wide range of products from thousands of brands along with its own in-house brands. Nykaa follows an omnichannel model, selling through mobile apps, websites, and physical stores across multiple Indian cities, while also manufacturing and selling its own beauty and fashion products through third-party manufacturers.

Price Band

₹1085 – ₹1125

Issue Size

₹5350 Cr

Lot Size

12 shares

GMP

₹775

+68.9%

Est. Listing

₹1900

at current GMP

Subscribed

—

Open

28 Oct 2021

1 Nov 2021

Allotment

8 Nov 2021

Refund

9 Nov 2021

Demat Credit

10 Nov 2021

Listing

10 Nov 2021

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

FSN E-Commerce Ventures Limited Allotment Status

Designated Registrar: Link Intime India Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

8 Nov 2021

Basis finalization

Refunds Initiate

9 Nov 2021

Mandate release

Demat Credit

10 Nov 2021

Shares in demat

Listing Debut

10 Nov 2021

Trading begins

About FSN E-Commerce Ventures Limited Public Issue & Market Profile

FSN E-Commerce Ventures Limited is bringing an initial public offering (IPO) in the Consumer Discretionary sector with an aggregate issue size of ₹5,349.72 Crores. The shares are offered at a price band of ₹1085 to ₹1125 per equity share on NSE and 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 2021-11-01, the basis of allotment is scheduled to be finalized on 2021-11-08. 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 (Link Intime India 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.

FSN E-Commerce Ventures Limited

FSN E-Commerce Ventures Limited Allotment Status

How to Check FSN E-Commerce Ventures Limited IPO Allotment Status

About FSN E-Commerce Ventures Limited Public Issue & Market Profile

Frequently Asked Questions

What if my name is not showing on the registrar portal?

How will I receive the refund if I don't get allotment?