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 will unallotted IPO application funds be unblocked?

Refund initiation and UPI mandate revocation for unallotted applications starts on or around 17 Feb 2023.

Lead Reclaim and Rubber Products Limited

ListedSME

Manufacturing · NSE

Incorporated in 2012, Lead Reclaim and Rubber Products Limited manufactures reclaimed rubber, crumb rubber powder, and rubber granules. The company’s manufacturing facility is located at Sarali Road Village, Pithai, Taluka Kathalal, Kheda, spread over 7,790 sq. mts with an installed capacity of 5,520 metric tons. The unit is ISO 9001:2015 certified for quality management systems. Lead Reclaim emphasizes recycling to save natural resources and supports customers in achieving circularity goals. Its diversified product range includes various grades, widths, and thicknesses of whole tyre reclaimed rubber, butyl reclaimed rubber, and natural reclaimed rubber. The company serves OEMs, Tier I automotive companies, distributors, and dealers, catering to a broad customer base in

Price Band

₹25

Issue Size

₹4.88 Cr

Lot Size

6000 shares

GMP

₹1

+4.0%

Est. Listing

₹26

at current GMP

Subscribed

75.98x

overall

Open

9 Feb 2023

13 Feb 2023

Allotment

16 Feb 2023

Refund

17 Feb 2023

Demat Credit

18 Feb 2023

Listing

21 Feb 2023

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Lead Reclaim and Rubber Products Limited Allotment Status

Designated Registrar: Bigshare Services Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

16 Feb 2023

Basis finalization

Refunds Initiate

17 Feb 2023

Mandate release

Demat Credit

18 Feb 2023

Shares in demat

Listing Debut

21 Feb 2023

Trading begins

How to Check Lead Reclaim and Rubber Products Limited IPO Allotment Status

Click the Check on Registrar button above to visit Bigshare Services Private Limited's allotment portal.
Select Lead Reclaim and Rubber Products Limited from the dropdown company list.
Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
Enter your details accurately and solve the Captcha code.
Click Submit / Search to view the number of shares applied and allotted to you.

About Lead Reclaim and Rubber Products Limited Public Issue & Market Profile

Lead Reclaim and Rubber Products Limited is bringing an initial public offering (IPO) in the Manufacturing sector with an aggregate issue size of ₹4.88 Crores. The shares are offered at a price band of ₹25 to ₹25 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.

Public Issue & Allotment Procedure:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 6000 shares (approx. ₹1,50,000 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 2023-02-18, while un-allotted funds or UPI block mandates will be released on 2023-02-17.

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.