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 is the Kalyani Cast Tech Limited IPO allotment date?

The basis of allotment for Kalyani Cast Tech Limited IPO is scheduled to be finalized on 13 Nov 2023.

Where can I check Kalyani Cast Tech Limited IPO allotment status?

You can check your allotment status on the official registrar portal (Bigshare Services Private Limited) or on the BSE India website using your PAN card number or application number.

When will unallotted IPO application funds be unblocked?

Refund initiation and UPI mandate revocation for unallotted applications starts on or around 14 Nov 2023.

IPO GreyPremiumLIVE

Grey Market Intelligence

Kalyani Cast Tech Limited

ListedSME

Emerging SME Services · BSE

Incorporated in 2012, Kalyani Cast Tech Ltd is engaged in the casting business with in-house machining facilities and manufactures products like bearing housings for electrical locos, MG coupler components, adapters for WDG4 loco, CI brake blocks, and more. The company also specializes in manufacturing cargo containers, including ISO containers (20', 25', 40', 42') along with customised containers for parcel cargo, two and three-wheelers, dwarf, and cuboid containers. Kalyani Cast Tech serves a wide range of industries and clients, including Indian Railways, mining, cement, chemical, fertilizer, and power plant sectors.

Price Band

₹137 – ₹139

Issue Size

₹30.11 Cr

Lot Size

1000 shares

GMP

₹95

+68.3%

Est. Listing

₹234

at current GMP

Subscribed

208.88x

overall

Open

8 Nov 2023

10 Nov 2023

Allotment

13 Nov 2023

Refund

14 Nov 2023

Demat Credit

15 Nov 2023

Listing

17 Nov 2023

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Kalyani Cast Tech Limited Allotment Status

Designated Registrar: Bigshare Services Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

13 Nov 2023

Basis finalization

Refunds Initiate

14 Nov 2023

Mandate release

Demat Credit

15 Nov 2023

Shares in demat

Listing Debut

17 Nov 2023

Trading begins

About Kalyani Cast Tech Limited Public Issue & Market Profile

Kalyani Cast Tech Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹30.11 Crores. The shares are offered at a price band of ₹137 to ₹139 per equity share on BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.

Public Issue & Allotment Procedure:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1000 shares (approx. ₹1,39,000 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.

Official Allotment Timelines & Registrar Guidance:

Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-11-15, while un-allotted funds or UPI block mandates will be released on 2023-11-14.

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.