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 Jay Jalaram Technologies Limited IPO?

Jay Jalaram Technologies Limited IPO has received a total subscription of 14.97 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Jay Jalaram Technologies Limited

ListedSME

IT & Technology Services · NSE

Incorporated in 2012, Jay Jalaram Technologies Limited operates multi-brand retail stores under the brand name "KORE," selling smartphones and accessories from brands like Apple, Samsung, Oppo, Realme, Vivo, Nokia, Xiaomi, and OnePlus, as well as consumer durable electronics such as Smart TVs, air conditioners, fridges, and coolers from TCL, Haier, Daikin, Voltas, Mi, Realme, OnePlus, Xiaomi, and Skytron. As of April 30, 2022, the company runs 82 stores across Gujarat, including 10 company-owned outlets, 65 franchise-owned franchise-operated stores (FOFO model), and 7 franchise-owned company-operated stores (FOCO model). Additionally, the company holds an exclusive dealership for Revolt electric bikes, including spare parts and accessories, with two company-owned outlets in Ahmedabad and Gandhinagar.

Price Band

₹36

Issue Size

₹10.80 Cr

Lot Size

3000 shares

GMP

₹4

+11.1%

Est. Listing

₹40

at current GMP

Subscribed

14.97x

overall

Open

26 Aug 2022

30 Aug 2022

Allotment

5 Sep 2022

Refund

6 Sep 2022

Demat Credit

7 Sep 2022

Listing

8 Sep 2022

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

14.97x

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 14.97x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
Qualified Institutional (QIB)	1,500,000	—	0.00x
Non-Institutional (NII / HNI)	450,000	—	0.00x
Retail Individual (RII)	1,050,000	—	0.00x
Total	3,000,000	0	14.97x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 14.97x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	350	5,240	14.97x
HNIs (10L +)	2	30	15.00x
HNIs (2-10L)	11	165	15.00x
Total Applications	363	5,435	14.97x

Day-Wise Subscription Progress

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

About Jay Jalaram Technologies Limited Public Issue & Market Profile

Jay Jalaram Technologies Limited is bringing an initial public offering (IPO) in the IT & Technology Services sector with an aggregate issue size of ₹10.8 Crores. The shares are offered at a price band of ₹36 to ₹36 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 3000 shares (approx. ₹1,08,000 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 Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2022-09-07, while un-allotted funds or UPI block mandates will be released on 2022-09-06.

Frequently Asked Questions

What is Jay Jalaram Technologies Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Jay Jalaram Technologies Limited IPO is ₹4 per equity share. Based on the upper price band of ₹36 to ₹36 per equity share, the estimated listing price is ₹40 (+11.1% expected listing gain).

What is the expected profit per lot for Jay Jalaram Technologies Limited IPO?

With a lot size of 3000 shares and current GMP of ₹4, the expected profit per application lot is approx ₹12,000 (+11.1% gain). Minimum application cost is approx ₹1,08,000.

What is the issue size and price band for Jay Jalaram Technologies Limited IPO?

The Jay Jalaram Technologies Limited IPO aggregate issue size is ₹10.8 Crores with an equity price band set at ₹36 to ₹36 per equity share. The retail lot size is 3000 shares requiring a minimum capital outlay of approx. ₹1,08,000.

How can I check Jay Jalaram Technologies Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 14.97x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.

Where and when will Jay Jalaram Technologies Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2022-09-05. Investors can verify status using PAN card or application number.

When is the listing date for Jay Jalaram Technologies Limited IPO?

Jay Jalaram Technologies Limited shares are scheduled to list on NSE on 2022-09-08.