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 price band for Leo DryFruits and Spices Trading Limited IPO?

The price band for Leo DryFruits and Spices Trading Limited IPO is set at ₹51 to ₹52 per equity share with a minimum lot size of 2000 shares.

When does Leo DryFruits and Spices Trading Limited IPO open and close?

The Leo DryFruits and Spices Trading Limited IPO opens on 2025-01-01 and closes on 2025-01-03. The allotment date is 2025-01-06 and the listing date is 2025-01-08.

What is the current GMP of Leo DryFruits and Spices Trading Limited IPO?

The current grey market premium (GMP) for Leo DryFruits and Spices Trading Limited IPO is ₹16, implying an estimated listing price of ₹68 (30.77% gain over the upper price band).

How do I check Leo DryFruits and Spices Trading Limited IPO allotment status?

You can check the allotment status on the registrar's official portal (Bigshare Services Private Limited) or through the BSE/NSE allotment websites once the basis of allotment is finalized.

Leo DryFruits and Spices Trading Limited

ListedSME

Consumer Staples / Food & Beverages · BSE

Incorporated in November 2019, Leo Dryfruits & Spices Trading Limited specializes in the manufacturing and trading of spices, dry fruits, and grocery items under its brands “VANDU” and “FRYD.” Operating from its Thane, Maharashtra facility, the company offers whole and blended spices, roasted and flavored dry fruits, ghee, seasonings, and frozen and semi-fried products in various packaging sizes. Leo Dryfruits serves three segments: B2B, wholesaling unbranded products to traders; B2C, selling branded items through distributors, super stockists, e-commerce platforms, and its website; and D2C, directly supplying customers via online channels. As of June 30, 2024, the company employed around 45 permanent staff to support its operations.

Price Band

₹51 – ₹52

Issue Size

₹25.12 Cr

Lot Size

2000 shares

GMP

₹16

+30.8%

Est. Listing

₹68

at current GMP

Subscribed

181.84x

overall

Open

1 Jan 2025

3 Jan 2025

Allotment

6 Jan 2025

Refund

7 Jan 2025

Demat Credit

8 Jan 2025

Listing

8 Jan 2025

Last updated 12 days ago

Overview GMP Subscription Financials IPO Details Company Promoters Objects Peers Documents Allotment FAQs

Key Highlights

•Leading player in the Consumer Staples / Food & Beverages segment
•Price band established at ₹51 - ₹52 per equity share
•Minimum bid lot is 2000 shares
•Estimated listing target of ₹68 based on current grey market activity