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 Gabriel Pet Straps Limited IPO?

Gabriel Pet Straps Limited IPO has received a total subscription of 246.26 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Gabriel Pet Straps Limited

ListedSME

Emerging SME Services · BSE

Gabriel Pet Straps Limited, founded in 2020, manufactures and sells PET straps under the Gabriel brand, offering customized packaging solutions in various sizes, colors, and even printed options for industries such as cotton bales, fibers, packaging, paper, and waste cloth. The company’s manufacturing unit in Rajkot, Gujarat produces PET straps ranging from 9 mm to 32 mm in width and 0.70 mm to 1.30 mm in thickness. With a distribution network spread across 10 states, it serves customers throughout India, and as of October 31, 2023, the company employed a team of 26 people, including factory and office staff.

Price Band

₹101

Issue Size

₹8.06 Cr

Lot Size

1200 shares

GMP

₹50

+49.5%

Est. Listing

₹151

at current GMP

Subscribed

246.26x

overall

Open

31 Jan 2024

2 Feb 2024

Allotment

5 Feb 2024

Refund

6 Feb 2024

Demat Credit

7 Feb 2024

Listing

7 Feb 2024

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

246.26x

Total Demand

QIB Multiplier

0.00x

Institutions & Funds

NII / HNI

369.60x

High Net-Worth

Retail (RII)

122.92x

Individual Bidders

Category-Wise Subscription Breakup

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

Total 246.26x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
NIB	376,800	139,266,000	369.60x
RETAIL	376,800	46,317,600	122.92x
Total	753,600	185,583,600	246.26x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 131.11x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	233	28,640	122.92x
HNIs (10L +)	1	370	369.60x
HNIs (2-10L)	7	2,587	369.60x
Total Applications	241	31,597	131.11x

Day-Wise Subscription Progress

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

About Gabriel Pet Straps Limited Public Issue & Market Profile

Gabriel Pet Straps Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹8.06 Crores. The shares are offered at a price band of ₹101 to ₹101 per equity share on BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.

Bidding & Quota Instructions:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1200 shares (approx. ₹1,21,200 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 2024-02-07, while un-allotted funds or UPI block mandates will be released on 2024-02-06.

Frequently Asked Questions

What is Gabriel Pet Straps Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Gabriel Pet Straps Limited IPO is ₹50 per equity share. Based on the upper price band of ₹101 to ₹101 per equity share, the estimated listing price is ₹151 (+49.5% expected listing gain).

What is the expected profit per lot for Gabriel Pet Straps Limited IPO?

With a lot size of 1200 shares and current GMP of ₹50, the expected profit per application lot is approx ₹60,000 (+49.5% gain). Minimum application cost is approx ₹1,21,200.

What is the issue size and price band for Gabriel Pet Straps Limited IPO?

The Gabriel Pet Straps Limited IPO aggregate issue size is ₹8.06 Crores with an equity price band set at ₹101 to ₹101 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,21,200.

How can I check Gabriel Pet Straps Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 246.26x (Retail: 122.92x, QIB: 0.00x, NII: 369.60x). You can track live multiples directly on our dedicated subscription page.

Where and when will Gabriel Pet Straps 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 2024-02-05. Investors can verify status using PAN card or application number.

When is the listing date for Gabriel Pet Straps Limited IPO?

Gabriel Pet Straps Limited shares are scheduled to list on BSE on 2024-02-07.