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 Gayatri Rubbers and Chemicals Limited IPO?

Gayatri Rubbers and Chemicals Limited IPO has received a total subscription of 37.94 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Gayatri Rubbers and Chemicals Limited

ListedSME

Chemicals & Manufacturing · NSE

Formally incorporated in 2022, Gayatri Rubbers and Chemicals Limited is engaged in the manufacturing and trading of rubber profiles, aluminum rubber profiles, automobile rubber profiles, rubber compounds, various rubber components, and clear PVC profiles. These products are supplied to dealers such as Banco, Nalco, and Jindal in the aluminum sector, Motherson Sumi agents, and state transport authorities in the automobile sector, while the rubber compounds are used by various manufacturers and OEMs. The company’s product range broadly includes rubber profiles, rubber compounds, auto glass rubber, and sponge rubber for heavy industries. Under the leadership of promoter Mr. Manoj Kumar Aggarwal, who brings over two decades of industry experience, the company operates from its manufacturing unit in Ballabhgarh, spanning three floors with approximately 4,500 sq. ft. area each.

Price Band

₹30

Issue Size

₹4.58 Cr

Lot Size

4000 shares

GMP

₹4

+13.3%

Est. Listing

₹34

at current GMP

Subscribed

37.94x

overall

Open

25 Jan 2023

30 Jan 2023

Allotment

2 Feb 2023

Refund

3 Feb 2023

Demat Credit

4 Feb 2023

Listing

7 Feb 2023

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

37.94x

Total Demand

QIB Multiplier

0.00x

Institutions & Funds

NII / HNI

0.00x

High Net-Worth

Retail (RII)

0.00x

Individual Bidders

Category-Wise Subscription Breakup

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

Total 37.94x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
Qualified Institutional (QIB)	763,333	—	0.00x
Non-Institutional (NII / HNI)	229,000	—	0.00x
Retail Individual (RII)	534,333	—	0.00x
Total	1,526,666	0	37.94x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 37.94x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	134	5,084	37.94x
HNIs (10L +)	1	38	38.00x
HNIs (2-10L)	4	152	38.00x
Total Applications	139	5,274	37.94x

Day-Wise Subscription Progress

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

About Gayatri Rubbers and Chemicals Limited Public Issue & Market Profile

Gayatri Rubbers and Chemicals Limited is bringing an initial public offering (IPO) in the Chemicals & Manufacturing sector with an aggregate issue size of ₹4.58 Crores. The shares are offered at a price band of ₹30 to ₹30 per equity share on NSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.

Bidding & Quota Instructions:

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.

Allotment Reconciliation Schedule:

Following the close of bidding on 2023-01-30, the basis of allotment is scheduled to be finalized on 2023-02-02. 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 Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is Gayatri Rubbers and Chemicals Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Gayatri Rubbers and Chemicals Limited IPO is ₹4 per equity share. Based on the upper price band of ₹30 to ₹30 per equity share, the estimated listing price is ₹34 (+13.3% expected listing gain).

What is the expected profit per lot for Gayatri Rubbers and Chemicals Limited IPO?

With a lot size of 4000 shares and current GMP of ₹4, the expected profit per application lot is approx ₹16,000 (+13.3% gain). Minimum application cost is approx ₹1,20,000.

What is the issue size and price band for Gayatri Rubbers and Chemicals Limited IPO?

The Gayatri Rubbers and Chemicals Limited IPO aggregate issue size is ₹4.58 Crores with an equity price band set at ₹30 to ₹30 per equity share. The retail lot size is 4000 shares requiring a minimum capital outlay of approx. ₹1,20,000.

How can I check Gayatri Rubbers and Chemicals Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 37.94x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.

Where and when will Gayatri Rubbers and Chemicals 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 2023-02-02. Investors can verify status using PAN card or application number.

When is the listing date for Gayatri Rubbers and Chemicals Limited IPO?

Gayatri Rubbers and Chemicals Limited shares are scheduled to list on NSE on 2023-02-07.