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 Karnika Industries Limited IPO?

Karnika Industries Limited IPO has received a total subscription of 3.12 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Karnika Industries Limited

ListedSME

Emerging SME Services · NSE

Incorporated in 2017, Karnika Industries Limited, formerly Karni International, manufactures and exports a wide range of kids' wear, including shorts, joggers, capris, tees, rompers, sleepsuits, pajamas, winter wear, and infant wear. The company operates well-equipped manufacturing units that handle designing, sample preparation, quality inspection, ironing, and packing, using modern hi-tech machines and tools. Its products are marketed under the brand "KARNIKA" and its sub-brands KARNIKA Care, KARNIKA Cool, KARNIKA Cube, KARNIKA Life, KARNIKA Key, and KARNIKA Club.

Price Band

₹76

Issue Size

₹25.07 Cr

Lot Size

1600 shares

GMP

₹3

+4.0%

Est. Listing

₹79

at current GMP

Subscribed

3.12x

overall

Open

29 Sep 2023

5 Oct 2023

Allotment

9 Oct 2023

Refund

10 Oct 2023

Demat Credit

11 Oct 2023

Listing

12 Oct 2023

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

3.12x

Total Demand

QIB Multiplier

0.00x

Institutions & Funds

NII / HNI

3.32x

High Net-Worth

Retail (RII)

2.91x

Individual Bidders

Category-Wise Subscription Breakup

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

Total 3.12x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
NIB	1,566,400	5,208,000	3.32x
RETAIL	1,566,400	4,564,800	2.91x
Total	3,132,800	9,772,800	3.12x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 2.93x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	722	2,101	2.91x
HNIs (10L +)	5	17	3.32x
HNIs (2-10L)	22	73	3.32x
Total Applications	749	2,191	2.93x

Day-Wise Subscription Progress

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

About Karnika Industries Limited Public Issue & Market Profile

Karnika Industries Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹25.07 Crores. The shares are offered at a price band of ₹76 to ₹76 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.

Bidding & Quota Instructions:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1600 shares (approx. ₹1,21,600 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 Skyline Financial Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-10-11, while un-allotted funds or UPI block mandates will be released on 2023-10-10.

Frequently Asked Questions

What is Karnika Industries Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Karnika Industries Limited IPO is ₹3 per equity share. Based on the upper price band of ₹76 to ₹76 per equity share, the estimated listing price is ₹79 (+4.0% expected listing gain).

What is the expected profit per lot for Karnika Industries Limited IPO?

With a lot size of 1600 shares and current GMP of ₹3, the expected profit per application lot is approx ₹4,800 (+4.0% gain). Minimum application cost is approx ₹1,21,600.

What is the issue size and price band for Karnika Industries Limited IPO?

The Karnika Industries Limited IPO aggregate issue size is ₹25.07 Crores with an equity price band set at ₹76 to ₹76 per equity share. The retail lot size is 1600 shares requiring a minimum capital outlay of approx. ₹1,21,600.

How can I check Karnika Industries Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 3.12x (Retail: 2.91x, QIB: 0.00x, NII: 3.32x). You can track live multiples directly on our dedicated subscription page.

Where and when will Karnika Industries Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Skyline Financial Services Private Limited) and the BSE status verification website on or around 2023-10-09. Investors can verify status using PAN card or application number.

When is the listing date for Karnika Industries Limited IPO?

Karnika Industries Limited shares are scheduled to list on NSE on 2023-10-12.