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 Innova Captab Limited IPO?

Innova Captab Limited IPO has received a total subscription of 56.33 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Innova Captab Limited

ListedMainboard

Industrial & Financial Services · NSE / BSE

Incorporated in January 2005, Innova Captab Limited is a pharmaceutical company operating in three verticals – Contract Development & Manufacturing (CDMO), domestic branded generics, and international branded generics. The company manufactures a wide range of pharmaceutical products including tablets, capsules, dry syrups, injections, ointments and liquid medicines. In FY23 and Q1FY24, the company produced and sold over 600 generic products. Its domestic brands are sold through 5,000+ distributors and ~1.5 lakh retail pharmacies in India. The company also exports branded generics to 20 countries. As of October 31, 2023, Innova Captab employed 29 scientists and engineers, and has its plant in Baddi, Haryana.

Price Band

₹426 – ₹448

Issue Size

₹570 Cr

Lot Size

33 shares

GMP

₹32

+7.1%

Est. Listing

₹480

at current GMP

Subscribed

56.33x

overall

Open

21 Dec 2023

26 Dec 2023

Allotment

27 Dec 2023

Refund

28 Dec 2023

Demat Credit

29 Dec 2023

Listing

29 Dec 2023

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

56.33x

Total Demand

QIB Multiplier

116.15x

Institutions & Funds

NII / HNI

66.83x

High Net-Worth

Retail (RII)

17.64x

Individual Bidders

Category-Wise Subscription Breakup

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

Total 56.33x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	2,544,643	295,557,042	116.15x
NIB	1,908,483	127,536,618	66.83x
HNIs(10L +)	1,272,322	93,727,524	73.67x
HNIs (2-10L)	636,161	33,809,094	53.15x
RETAIL	4,453,125	78,565,872	17.64x
Total	10,814,734	629,196,150	56.33x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 19.40x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	134,943	2,380,395	17.64x
HNIs (10L +)	863	57,674	66.83x
HNIs (2-10L)	4,131	276,075	66.83x
Total Applications	139,937	2,714,144	19.40x

Day-Wise Subscription Progress

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

About Innova Captab Limited Public Issue & Market Profile

Innova Captab Limited is bringing an initial public offering (IPO) in the Industrial & Financial Services sector with an aggregate issue size of ₹570 Crores. The shares are offered at a price band of ₹426 to ₹448 per equity share on NSE and BSE. 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 33 shares (approx. ₹14,784 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 Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-12-29, while un-allotted funds or UPI block mandates will be released on 2023-12-28.

Frequently Asked Questions

What is Innova Captab Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Innova Captab Limited IPO is ₹32 per equity share. Based on the upper price band of ₹426 to ₹448 per equity share, the estimated listing price is ₹480 (+7.1% expected listing gain).

What is the expected profit per lot for Innova Captab Limited IPO?

With a lot size of 33 shares and current GMP of ₹32, the expected profit per application lot is approx ₹1,056 (+7.1% gain). Minimum application cost is approx ₹14,784.

What is the issue size and price band for Innova Captab Limited IPO?

The Innova Captab Limited IPO aggregate issue size is ₹570 Crores with an equity price band set at ₹426 to ₹448 per equity share. The retail lot size is 33 shares requiring a minimum capital outlay of approx. ₹14,784.

How can I check Innova Captab Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 56.33x (Retail: 17.64x, QIB: 116.15x, NII: 66.83x). You can track live multiples directly on our dedicated subscription page.

Where and when will Innova Captab Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2023-12-27. Investors can verify status using PAN card or application number.

When is the listing date for Innova Captab Limited IPO?

Innova Captab Limited shares are scheduled to list on NSE and BSE on 2023-12-29.