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 will unallotted IPO application funds be unblocked?

Refund initiation and UPI mandate revocation for unallotted applications starts on or around 8 Nov 2022.

Integrated Personnel Services Limited

ListedSME

Services / Professional Services · NSE

Incorporated in 2004, Integrated Personnel Services (IPS Group) is an end-to-end human resource management company offering tailored HR solutions to corporates across India. Its services are structured under three key verticals: Raising, which includes executive search, recruitment process outsourcing, and IT staffing; Leasing, covering flexi staffing, infrastructure domain staffing, and sales staffing; and Management, which involves payroll and compliance management, training and development, performance management, and HR policy implementation. With over 11 branch offices and recruitment reach across 128 cities, the company had more than 6,000 associates deployed as of March 31, 2022, and maintains a strong presence in major Indian cities such as Mumbai, Delhi, Kolkata, Chennai, Bengaluru, Hyderabad, Ahmedabad, Noida, Bhopal, and Pune.

Price Band

₹59

Issue Size

₹12.74 Cr

Lot Size

2000 shares

GMP

₹7

+11.9%

Est. Listing

₹66

at current GMP

Subscribed

19.58x

overall

Open

31 Oct 2022

2 Nov 2022

Allotment

7 Nov 2022

Refund

8 Nov 2022

Demat Credit

9 Nov 2022

Listing

11 Nov 2022

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Integrated Personnel Services Limited Allotment Status

Designated Registrar: Bigshare Services Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

7 Nov 2022

Basis finalization

Refunds Initiate

8 Nov 2022

Mandate release

Demat Credit

9 Nov 2022

Shares in demat

Listing Debut

11 Nov 2022

Trading begins

How to Check Integrated Personnel Services Limited IPO Allotment Status

Click the Check on Registrar button above to visit Bigshare Services Private Limited's allotment portal.
Select Integrated Personnel Services 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 Integrated Personnel Services Limited Public Issue & Market Profile

Integrated Personnel Services Limited is bringing an initial public offering (IPO) in the Services / Professional Services sector with an aggregate issue size of ₹12.74 Crores. The shares are offered at a price band of ₹59 to ₹59 per equity share on NSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.

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 2022-11-02, the basis of allotment is scheduled to be finalized on 2022-11-07. 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 (Bigshare Services Private 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.