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 Insolation Energy Limited IPO allotment date?

The basis of allotment for Insolation Energy Limited IPO is scheduled to be finalized on 4 Oct 2022.

Where can I check Insolation Energy 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 5 Oct 2022.

IPO GreyPremiumLIVE

Grey Market Intelligence

Insolation Energy Limited

ListedSME

Energy / Renewable Energy · BSE

Incorporated in 2015, Insolation Energy Ltd is engaged in the manufacturing of high-efficiency solar panels and modules, operating a 200 MW SPV module manufacturing unit in Jaipur spread over 60,000 sq. ft with advanced machinery. The company’s business includes solar PV module manufacturing and trading of Solar Power Conditioning Units (PCUs) and tall tubular lead-acid batteries, which store energy generated from solar panels. Additionally, Insolation Energy provides integrated solar energy solutions through engineering, procurement, and construction (EPC) services, and has established a geographically diversified presence in India via a network of over 30 distributors.

Price Band

₹38

Issue Size

₹22.16 Cr

Lot Size

3000 shares

GMP

₹38

+100.0%

Est. Listing

₹76

at current GMP

Subscribed

192.79x

overall

Open

26 Sep 2022

29 Sep 2022

Allotment

4 Oct 2022

Refund

5 Oct 2022

Demat Credit

6 Oct 2022

Listing

10 Oct 2022

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Insolation Energy Limited Allotment Status

Designated Registrar: Bigshare Services Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

4 Oct 2022

Basis finalization

Refunds Initiate

5 Oct 2022

Mandate release

Demat Credit

6 Oct 2022

Shares in demat

Listing Debut

10 Oct 2022

Trading begins

About Insolation Energy Limited Public Issue & Market Profile

Insolation Energy Limited is bringing an initial public offering (IPO) in the Energy / Renewable Energy sector with an aggregate issue size of ₹22.16 Crores. The shares are offered at a price band of ₹38 to ₹38 per equity share on BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.

Public Issue & Allotment Procedure:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 3000 shares (approx. ₹1,14,000 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.

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 2022-10-06, while un-allotted funds or UPI block mandates will be released on 2022-10-05.

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.