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 Ksolves India Limited IPO allotment date?

The basis of allotment for Ksolves India Limited IPO is scheduled to be finalized on 2 Jul 2020.

Where can I check Ksolves India 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 3 Jul 2020.

IPO GreyPremiumLIVE

Grey Market Intelligence

Ksolves India Limited

ListedSME

Technology · NSE

Ksolves India Ltd, incorporated in 2014, is a software services and product company that provides enterprise solutions, software development, consulting, and IT services to clients across sectors such as healthcare, telecom, e-commerce, real estate, and finance. The company helps businesses build applications, manage and upgrade software systems, and improve overall digital performance by automating routine processes to increase speed, accuracy, and operational efficiency. In 2019, Ksolves acquired Kartik Solutions Private Limited as a wholly owned subsidiary, strengthening its capabilities in web, mobile, cloud, and e-commerce services. The company operates in more than 30 countries and earns nearly 80% of its revenue from North America.

Price Band

₹100

Issue Size

₹4.02 Cr

Lot Size

1200 shares

GMP

—

Est. Listing

₹100

at current GMP

Subscribed

—

Open

23 Jun 2020

26 Jun 2020

Allotment

2 Jul 2020

Refund

3 Jul 2020

Demat Credit

4 Jul 2020

Listing

6 Jul 2020

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Ksolves India Limited Allotment Status

Designated Registrar: Bigshare Services Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

2 Jul 2020

Basis finalization

Refunds Initiate

3 Jul 2020

Mandate release

Demat Credit

4 Jul 2020

Shares in demat

Listing Debut

6 Jul 2020

Trading begins

About Ksolves India Limited Public Issue & Market Profile

Ksolves India Limited is bringing an initial public offering (IPO) in the Technology sector with an aggregate issue size of ₹4.02 Crores. The shares are offered at a price band of ₹100 to ₹100 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.

Public Issue & Allotment Procedure:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1200 shares (approx. ₹1,20,000 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 2020-07-04, while un-allotted funds or UPI block mandates will be released on 2020-07-03.

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.