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 Khazanchi Jewellers Limited IPO?

Khazanchi Jewellers Limited IPO has received a total subscription of 1.26 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Khazanchi Jewellers Limited

ListedSME

Retail & Consumer Goods · BSE

Incorporated in 1996, Khazanchi Jewellers Limited is a well-known player in the Indian jewellery market with a strong presence in both wholesale and retail. The company offers a wide range of jewellery products including gold, diamond, precious stone jewellery, and also deals in bullion like coins and bars. With over three decades of experience, it currently operates one showroom at NSC Bose Road, Sowcarpet, Chennai and plans to expand by opening more showrooms in the same city using the funds raised through the IPO. The company has shown consistent growth and positive financial performance, with PAT of Rs. 230.71 lakhs in FY2020, Rs. 275.58 lakhs in FY2021, and Rs. 326.62 lakhs in FY2022.

Price Band

₹140

Issue Size

₹97.00 Cr

Lot Size

1000 shares

GMP

₹5

+3.6%

Est. Listing

₹145

at current GMP

Subscribed

1.26x

overall

Open

24 Jul 2023

28 Jul 2023

Allotment

3 Aug 2023

Refund

4 Aug 2023

Demat Credit

5 Aug 2023

Listing

7 Aug 2023

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

1.26x

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 1.26x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
Qualified Institutional (QIB)	3,464,286	—	0.00x
Non-Institutional (NII / HNI)	1,039,286	—	0.00x
Retail Individual (RII)	2,425,000	—	0.00x
Total	6,928,572	0	1.26x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 1.26x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	2,425	3,056	1.26x
HNIs (10L +)	16	20	1.25x
HNIs (2-10L)	74	93	1.26x
Total Applications	2,515	3,169	1.26x

Day-Wise Subscription Progress

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

About Khazanchi Jewellers Limited Public Issue & Market Profile

Khazanchi Jewellers Limited is bringing an initial public offering (IPO) in the Retail & Consumer Goods sector with an aggregate issue size of ₹97 Crores. The shares are offered at a price band of ₹140 to ₹140 per equity share on BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.

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 2023-07-28, the basis of allotment is scheduled to be finalized on 2023-08-03. 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 (Cameo Corporate Services Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is Khazanchi Jewellers Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Khazanchi Jewellers Limited IPO is ₹5 per equity share. Based on the upper price band of ₹140 to ₹140 per equity share, the estimated listing price is ₹145 (+3.6% expected listing gain).

What is the expected profit per lot for Khazanchi Jewellers Limited IPO?

With a lot size of 1000 shares and current GMP of ₹5, the expected profit per application lot is approx ₹5,000 (+3.6% gain). Minimum application cost is approx ₹1,40,000.

What is the issue size and price band for Khazanchi Jewellers Limited IPO?

The Khazanchi Jewellers Limited IPO aggregate issue size is ₹97 Crores with an equity price band set at ₹140 to ₹140 per equity share. The retail lot size is 1000 shares requiring a minimum capital outlay of approx. ₹1,40,000.

How can I check Khazanchi Jewellers Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 1.26x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.

Where and when will Khazanchi Jewellers Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Cameo Corporate Services Limited) and the BSE status verification website on or around 2023-08-03. Investors can verify status using PAN card or application number.

When is the listing date for Khazanchi Jewellers Limited IPO?

Khazanchi Jewellers Limited shares are scheduled to list on BSE on 2023-08-07.