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 Icodex Publishing Solutions Limited IPO allotment date?

The basis of allotment for Icodex Publishing Solutions Limited IPO is scheduled to be finalized on 14 Aug 2025.

When will unallotted IPO application funds be unblocked?

Refund initiation and UPI mandate revocation for unallotted applications starts on or around 15 Aug 2025.

Icodex Publishing Solutions Limited

ListedSME

Media & Publishing · BSE

Icodex Publishing Solutions Limited, established in 2018, specializes in software product development for the scholarly publishing industry. The company creates tools that support the entire publishing workflow—from preparing manuscripts to distributing content in print and digital formats. It also offers business process management services such as editorial support, quality checks, and IT solutions like infrastructure and server management. Their services cater to global clients and cover three main segments: software development for publishing and other industries, backend publishing support including AI-powered quality assurance and editorial tasks, and IT support for system setup and maintenance. As of January 31, 2025, the company employs 116 people.

Price Band

₹98 – ₹102

Issue Size

₹42.03 Cr

Lot Size

1200 shares

GMP

—

Est. Listing

₹102

at current GMP

Subscribed

4.00x

overall

Open

11 Aug 2025

13 Aug 2025

Allotment

14 Aug 2025

Refund

15 Aug 2025

Demat Credit

16 Aug 2025

Listing

19 Aug 2025

Last updated 11 months ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Icodex Publishing Solutions Limited Allotment Status

Designated Registrar: Cameo Corporate Services Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

14 Aug 2025

Basis finalization

Refunds Initiate

15 Aug 2025

Mandate release

Demat Credit

16 Aug 2025

Shares in demat

Listing Debut

19 Aug 2025

Trading begins

How to Check Icodex Publishing Solutions Limited IPO Allotment Status

Click the Check on Registrar button above to visit Cameo Corporate Services Limited's allotment portal.
Select Icodex Publishing Solutions 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 Icodex Publishing Solutions Limited Public Issue & Market Profile

Icodex Publishing Solutions Limited is bringing an initial public offering (IPO) in the Media & Publishing sector with an aggregate issue size of ₹42.03 Crores. The shares are offered at a price band of ₹98 to ₹102 per equity share on BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.

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 2025-08-13, the basis of allotment is scheduled to be finalized on 2025-08-14. 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 (Cameo Corporate Services 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.