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 Goel Food Products Limited IPO allotment date?

The basis of allotment for Goel Food Products Limited IPO is scheduled to be finalized on 22 Jun 2022.

Where can I check Goel Food Products Limited IPO allotment status?

You can check your allotment status on the official registrar portal (Bigshare Services 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 23 Jun 2022.

IPO GreyPremiumLIVE

Grey Market Intelligence

Goel Food Products Limited

ListedSME

Manufacturing · BSE

Founded in 1996, Goel Food Products Limited specializes in the manufacturing of Indian snacks and sweets. The company also offers banquet and catering services for events such as weddings, sangeet, ring ceremonies, birthdays, anniversaries, kitty parties, corporate events, kirtans, and thread ceremonies. The company operates and manages its banquet and retail business under the brand name "BIKA" at multiple locations in Kolkata. Hilltop Healthcare Centre Limited, the holding company, owns 64.60% of Goel Food Products Limited.

Price Band

₹72

Issue Size

₹7.21 Cr

Lot Size

1600 shares

GMP

—

Est. Listing

₹72

at current GMP

Subscribed

1.64x

overall

Open

15 Jun 2022

20 Jun 2022

Allotment

22 Jun 2022

Refund

23 Jun 2022

Demat Credit

24 Jun 2022

Listing

28 Jun 2022

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Goel Food Products Limited Allotment Status

Designated Registrar: Bigshare Services Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

22 Jun 2022

Basis finalization

Refunds Initiate

23 Jun 2022

Mandate release

Demat Credit

24 Jun 2022

Shares in demat

Listing Debut

28 Jun 2022

Trading begins

About Goel Food Products Limited Public Issue & Market Profile

Goel Food Products Limited is bringing an initial public offering (IPO) in the Manufacturing sector with an aggregate issue size of ₹7.21 Crores. The shares are offered at a price band of ₹72 to ₹72 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.

Public Issue & Allotment Procedure:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1600 shares (approx. ₹1,15,200 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.

Official Allotment Timelines & Registrar Guidance:

Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2022-06-24, while un-allotted funds or UPI block mandates will be released on 2022-06-23.

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.