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 Innomet Advanced Materials Limited IPO?

Innomet Advanced Materials Limited IPO has received a total subscription of 297.45 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Innomet Advanced Materials Limited

ListedSME

Capital Goods / Industrial Materials · NSE

Innomet Advanced Materials Limited, established in 1984, is a leading manufacturer of metal powders and tungsten heavy alloys, operating through its two key divisions—Innomet Powders and Innotung. The Innomet Powders division produces a wide range of metal powders including copper, bronze, brass, nickel, tin, and stainless steel, offering custom formulations to meet diverse industrial requirements, while the Innotung division manufactures high-density tungsten heavy alloys used in high-performance applications. With ISO 9001:2015 certification, the company ensures strong quality management across its ferrous and non-ferrous powder products and tungsten alloy components. Innomet serves customers globally across India, the US, UK, Germany, Japan and other regions, and employed 56 people as of March 31, 2024.

Price Band

₹100

Issue Size

₹34.24 Cr

Lot Size

1200 shares

GMP

₹95

+95.0%

Est. Listing

₹195

at current GMP

Subscribed

297.45x

overall

Open

11 Sep 2024

13 Sep 2024

Allotment

16 Sep 2024

Refund

17 Sep 2024

Demat Credit

18 Sep 2024

Listing

18 Sep 2024

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

297.45x

Total Demand

QIB Multiplier

0.00x

Institutions & Funds

NII / HNI

367.89x

High Net-Worth

Retail (RII)

227.02x

Individual Bidders

Category-Wise Subscription Breakup

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

Total 297.45x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
NIB	1,626,000	598,188,000	367.89x
RETAIL	1,626,000	369,128,400	227.02x
Total	3,252,000	967,316,400	297.45x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 232.05x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	999	226,793	227.02x
HNIs (10L +)	6	2,207	367.89x
HNIs (2-10L)	31	11,405	367.89x
Total Applications	1,036	240,405	232.05x

Day-Wise Subscription Progress

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

About Innomet Advanced Materials Limited Public Issue & Market Profile

Innomet Advanced Materials Limited is bringing an initial public offering (IPO) in the Capital Goods / Industrial Materials sector with an aggregate issue size of ₹34.24 Crores. The shares are offered at a price band of ₹100 to ₹100 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.

Bidding & Quota Instructions:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1200 shares (approx. ₹1,20,000 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 Skyline Financial Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-09-18, while un-allotted funds or UPI block mandates will be released on 2024-09-17.

Frequently Asked Questions

What is Innomet Advanced Materials Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Innomet Advanced Materials Limited IPO is ₹95 per equity share. Based on the upper price band of ₹100 to ₹100 per equity share, the estimated listing price is ₹195 (+95.0% expected listing gain).

What is the expected profit per lot for Innomet Advanced Materials Limited IPO?

With a lot size of 1200 shares and current GMP of ₹95, the expected profit per application lot is approx ₹1,14,000 (+95.0% gain). Minimum application cost is approx ₹1,20,000.

What is the issue size and price band for Innomet Advanced Materials Limited IPO?

The Innomet Advanced Materials Limited IPO aggregate issue size is ₹34.24 Crores with an equity price band set at ₹100 to ₹100 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,20,000.

How can I check Innomet Advanced Materials Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 297.45x (Retail: 227.02x, QIB: 0.00x, NII: 367.89x). You can track live multiples directly on our dedicated subscription page.

Where and when will Innomet Advanced Materials 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 2024-09-16. Investors can verify status using PAN card or application number.

When is the listing date for Innomet Advanced Materials Limited IPO?

Innomet Advanced Materials Limited shares are scheduled to list on NSE on 2024-09-18.