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 price band for Kalahridhaan Trendz Limited IPO?

The price band for Kalahridhaan Trendz Limited IPO is set at ₹45 to ₹45 per equity share with a minimum lot size of 3000 shares.

When does Kalahridhaan Trendz Limited IPO open and close?

The Kalahridhaan Trendz Limited IPO opens on 2024-02-15 and closes on 2024-02-20. The allotment date is 2024-02-21 and the listing date is 2024-02-23.

What is the current GMP of Kalahridhaan Trendz Limited IPO?

The current grey market premium (GMP) for Kalahridhaan Trendz Limited IPO is ₹3, implying an estimated listing price of ₹48 (6.67% gain over the upper price band).

How do I check Kalahridhaan Trendz Limited IPO allotment status?

You can check the allotment status on the registrar's official portal (Bigshare Services Private Limited) or through the BSE/NSE allotment websites once the basis of allotment is finalized.

Kalahridhaan Trendz Limited

ListedSME

Emerging SME Services · NSE

Kalahridhaan Trendz Limited, founded in 2016, is a well-established name in the textile industry, specializing in fabric dyeing, printing, and embroidery. The company is engaged in the manufacturing and trading of embroidered fabrics, grey fabrics, and printed and dyed textiles, catering to the B2B market. It operates through two primary divisions: Embroidery & Knitting and Dyeing & Printing, offering a diverse range of suiting, shirting, and dress materials. Strategically located in Ahmedabad, Gujarat, the company’s manufacturing facility boasts a daily production capacity of 1 lakh meters, ensuring high efficiency and timely delivery. With a focus on quality, innovation, and customer satisfaction, Kalahridhaan Trendz Limited employs 12 permanent staff members across various departments as of December 31, 2023, reflecting its commitment to operational excellence.

Price Band

₹45

Issue Size

₹22.49 Cr

Lot Size

3000 shares

GMP

₹3

+6.7%

Est. Listing

₹48

at current GMP

Subscribed

8.20x

overall

Open

15 Feb 2024

20 Feb 2024

Allotment

21 Feb 2024

Refund

22 Feb 2024

Demat Credit

23 Feb 2024

Listing

23 Feb 2024

Last updated 12 days ago

Overview GMP Subscription Financials IPO Details Company Promoters Objects Peers Documents Allotment FAQs

Key Highlights

•Leading player in the Indian market segment
•Price band established at ₹45 - ₹45 per equity share
•Minimum bid lot is 3000 shares
•Estimated listing target of ₹48 based on current grey market activity