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 KP Green Engineering Limited IPO?

KP Green Engineering Limited IPO has received a total subscription of 29.58 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

KP Green Engineering Limited

ListedSME

Emerging SME Services · BSE

KP Green Engineering Limited is a leading player in the engineering and steel structure manufacturing sector, operating a cutting-edge facility spanning over 2+ lakh sq. ft., with an additional unit in Matar, Bharuch set to become fully operational by 2024-25, adding 1.20 lakh sq. mtr of factory space. Equipped with advanced machinery for drilling, welding, laser cutting, plasma operations, high-speed solar machines, W/Thrie beam manufacturing, and a hot-dip galvanizing facility, the company delivers high-quality solutions across transmission, telecom, solar industries, and highway crash barriers. Expanding into infrastructure segments such as bridges, railway structures, and high masts, KP Green Engineering remains committed to supporting India’s renewable energy and infrastructure growth with its strong capacity, technological expertise, and unwavering dedication to excellence.

Price Band

₹137 – ₹144

Issue Size

₹190 Cr

Lot Size

1000 shares

GMP

₹50

+34.7%

Est. Listing

₹194

at current GMP

Subscribed

29.58x

overall

Open

15 Mar 2024

19 Mar 2024

Allotment

20 Mar 2024

Refund

21 Mar 2024

Demat Credit

22 Mar 2024

Listing

22 Mar 2024

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

29.58x

Total Demand

QIB Multiplier

31.86x

Institutions & Funds

NII / HNI

48.58x

High Net-Worth

Retail (RII)

20.12x

Individual Bidders

Category-Wise Subscription Breakup

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

Total 29.58x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	2,500,000	79,648,000	31.86x
NIB	1,876,000	91,134,000	48.58x
RETAIL	4,376,000	88,064,000	20.12x
Total	8,752,000	258,846,000	29.58x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 21.13x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	4,606	92,673	20.12x
HNIs (10L +)	29	1,409	48.58x
HNIs (2-10L)	141	6,850	48.58x
Total Applications	4,776	100,932	21.13x

Day-Wise Subscription Progress

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

About KP Green Engineering Limited Public Issue & Market Profile

KP Green Engineering Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹189.5 Crores. The shares are offered at a price band of ₹137 to ₹144 per equity share on BSE. 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 2024-03-19, the basis of allotment is scheduled to be finalized on 2024-03-20. 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 KP Green Engineering Limited IPO GMP today?

The latest Grey Market Premium (GMP) for KP Green Engineering Limited IPO is ₹50 per equity share. Based on the upper price band of ₹137 to ₹144 per equity share, the estimated listing price is ₹194 (+34.7% expected listing gain).

What is the expected profit per lot for KP Green Engineering Limited IPO?

With a lot size of 1000 shares and current GMP of ₹50, the expected profit per application lot is approx ₹50,000 (+34.7% gain). Minimum application cost is approx ₹1,44,000.

What is the issue size and price band for KP Green Engineering Limited IPO?

The KP Green Engineering Limited IPO aggregate issue size is ₹189.5 Crores with an equity price band set at ₹137 to ₹144 per equity share. The retail lot size is 1000 shares requiring a minimum capital outlay of approx. ₹1,44,000.

How can I check KP Green Engineering Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 29.58x (Retail: 20.12x, QIB: 31.86x, NII: 48.58x). You can track live multiples directly on our dedicated subscription page.

Where and when will KP Green Engineering 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 2024-03-20. Investors can verify status using PAN card or application number.

When is the listing date for KP Green Engineering Limited IPO?

KP Green Engineering Limited shares are scheduled to list on BSE on 2024-03-22.