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 Kalahridhaan Trendz Limited IPO?

Kalahridhaan Trendz Limited IPO has received a total subscription of 8.20 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

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 Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

8.20x

Total Demand

QIB Multiplier

0.00x

Institutions & Funds

NII / HNI

6.76x

High Net-Worth

Retail (RII)

9.63x

Individual Bidders

Category-Wise Subscription Breakup

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

Total 8.20x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
NIB	2,373,000	16,047,000	6.76x
RETAIL	2,373,000	22,854,000	9.63x
Total	4,746,000	38,901,000	8.20x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 9.53x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	583	5,614	9.63x
HNIs (10L +)	4	27	6.76x
HNIs (2-10L)	18	122	6.76x
Total Applications	605	5,763	9.53x

Day-Wise Subscription Progress

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

About Kalahridhaan Trendz Limited Public Issue & Market Profile

Kalahridhaan Trendz Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹22.49 Crores. The shares are offered at a price band of ₹45 to ₹45 per equity share on NSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.

Bidding & Quota Instructions:

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.

Allotment Reconciliation Schedule:

Following the close of bidding on 2024-02-20, the basis of allotment is scheduled to be finalized on 2024-02-21. 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 is Kalahridhaan Trendz Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Kalahridhaan Trendz Limited IPO is ₹3 per equity share. Based on the upper price band of ₹45 to ₹45 per equity share, the estimated listing price is ₹48 (+6.7% expected listing gain).

What is the expected profit per lot for Kalahridhaan Trendz Limited IPO?

With a lot size of 3000 shares and current GMP of ₹3, the expected profit per application lot is approx ₹9,000 (+6.7% gain). Minimum application cost is approx ₹1,35,000.

What is the issue size and price band for Kalahridhaan Trendz Limited IPO?

The Kalahridhaan Trendz Limited IPO aggregate issue size is ₹22.49 Crores with an equity price band set at ₹45 to ₹45 per equity share. The retail lot size is 3000 shares requiring a minimum capital outlay of approx. ₹1,35,000.

How can I check Kalahridhaan Trendz Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 8.20x (Retail: 9.63x, QIB: 0.00x, NII: 6.76x). You can track live multiples directly on our dedicated subscription page.

Where and when will Kalahridhaan Trendz Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2024-02-21. Investors can verify status using PAN card or application number.

When is the listing date for Kalahridhaan Trendz Limited IPO?

Kalahridhaan Trendz Limited shares are scheduled to list on NSE on 2024-02-23.