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 Ishan International Limited IPO?

Ishan International Limited IPO has received a total subscription of 1.62 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Ishan International Limited

ListedSME

Industrials · NSE

Incorporated in 1995, Ishan International Limited is engaged in turnkey contracting and project execution, specializing in supplying machinery, installation, commissioning, and operational training for sugar plants, jaggery plants, pharmaceutical plants, hydropower projects, and pollution control systems. The company also provides high-end engineering services across hydro power, sugar and jaggery processing, pharmaceuticals, and pollution control. Ishan International supplies heavy engineering equipment to major international clients in the Philippines, Vietnam, and Indonesia, with overseas offices in the Philippines, Indonesia, Hanoi, Ho Chi Minh City, and an upcoming office in Kenya. Backed by an ISO 9001:2015 certified quality management system, its product range includes ESPs, jaggery plant equipment, cane-crushing machinery, gearboxes, couplings, rollers, automation systems, pharmaceutical manufacturing equipment, sterilization systems, filling lines, and various specialized engineering components.

Price Band

₹80

Issue Size

₹18.24 Cr

Lot Size

1600 shares

GMP

—

Est. Listing

₹80

at current GMP

Subscribed

1.62x

overall

Open

9 Sep 2022

14 Sep 2022

Allotment

20 Sep 2022

Refund

21 Sep 2022

Demat Credit

22 Sep 2022

Listing

22 Sep 2022

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

1.62x

Total Demand

QIB Multiplier

0.00x

Institutions & Funds

NII / HNI

0.00x

High Net-Worth

Retail (RII)

0.00x

Individual Bidders

Category-Wise Subscription Breakup

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

Total 1.62x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
Qualified Institutional (QIB)	1,140,000	—	0.00x
Non-Institutional (NII / HNI)	342,000	—	0.00x
Retail Individual (RII)	798,000	—	0.00x
Total	2,280,000	0	1.62x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 1.62x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	499	808	1.62x
HNIs (10L +)	3	5	1.67x
HNIs (2-10L)	15	24	1.60x
Total Applications	517	837	1.62x

Day-Wise Subscription Progress

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

About Ishan International Limited Public Issue & Market Profile

Ishan International Limited is bringing an initial public offering (IPO) in the Industrials sector with an aggregate issue size of ₹18.24 Crores. The shares are offered at a price band of ₹80 to ₹80 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 1600 shares (approx. ₹1,28,000 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 Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2022-09-22, while un-allotted funds or UPI block mandates will be released on 2022-09-21.

Frequently Asked Questions

What is Ishan International Limited IPO GMP today?

Currently, Ishan International Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹80 to ₹80 per equity share.

What is the expected profit per lot for Ishan International Limited IPO?

The retail lot size is 1600 shares requiring a minimum application amount of ₹1,28,000. Expected listing price is ₹80 per equity share.

What is the issue size and price band for Ishan International Limited IPO?

The Ishan International Limited IPO aggregate issue size is ₹18.24 Crores with an equity price band set at ₹80 to ₹80 per equity share. The retail lot size is 1600 shares requiring a minimum capital outlay of approx. ₹1,28,000.

How can I check Ishan International Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 1.62x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.

Where and when will Ishan International 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 2022-09-20. Investors can verify status using PAN card or application number.

When is the listing date for Ishan International Limited IPO?

Ishan International Limited shares are scheduled to list on NSE on 2022-09-22.