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 Kotyark Industries Limited IPO allotment date?

The basis of allotment for Kotyark Industries Limited IPO is scheduled to be finalized on 29 Oct 2021.

Where can I check Kotyark Industries Limited IPO allotment status?

You can check your allotment status on the official registrar portal (Kfin Technologies 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 30 Oct 2021.

IPO GreyPremiumLIVE

Grey Market Intelligence

Kotyark Industries Limited

ListedSME

Energy & Renewables · NSE

Incorporated in 2016, Kotyark Industries is a biofuels manufacturing company focused on renewable energy and sustainable development through eco-friendly fuel solutions. The company produces biodiesel and related products such as C9, carbon black feedstock, liquid paraffin oil, and dewatering fluid, mainly for use in vehicles, equipment, and generator sets. Kotyark Industries is an approved biodiesel manufacturer, has received approvals and permissions from the Government of Rajasthan, and operates mobile retail outlets for biodiesel sales. The company has a biodiesel production capacity of 100,000 KL per month using multiple feedstocks at its facility in Rajasthan.

Price Band

₹51

Issue Size

₹11.26 Cr

Lot Size

2000 shares

GMP

—

Est. Listing

₹51

at current GMP

Subscribed

—

Open

21 Oct 2021

25 Oct 2021

Allotment

29 Oct 2021

Refund

30 Oct 2021

Demat Credit

31 Oct 2021

Listing

1 Nov 2021

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Kotyark Industries Limited Allotment Status

Designated Registrar: Kfin Technologies Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

29 Oct 2021

Basis finalization

Refunds Initiate

30 Oct 2021

Mandate release

Demat Credit

31 Oct 2021

Shares in demat

Listing Debut

1 Nov 2021

Trading begins

About Kotyark Industries Limited Public Issue & Market Profile

Kotyark Industries Limited is bringing an initial public offering (IPO) in the Energy & Renewables sector with an aggregate issue size of ₹11.26 Crores. The shares are offered at a price band of ₹51 to ₹51 per equity share on NSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.

Public Issue & Allotment Procedure:

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.

Official Allotment Timelines & Registrar Guidance:

Following the close of bidding on 2021-10-25, the basis of allotment is scheduled to be finalized on 2021-10-29. 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 (Kfin Technologies Limited) or the BSE allotment checking window.

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.