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 Maagh Advertising And Marketing Services Limited IPO allotment date?

The basis of allotment for Maagh Advertising And Marketing Services Limited IPO is scheduled to be finalized on 12 Oct 2022.

When will unallotted IPO application funds be unblocked?

Refund initiation and UPI mandate revocation for unallotted applications starts on or around 13 Oct 2022.

IPO GreyPremiumLIVE

Grey Market Intelligence

Maagh Advertising And Marketing Services Limited

ListedSME

Services · BSE

Incorporated in 2013, Maagh Advertising and Marketing Services Limited is an advertising agency offering comprehensive creative and media services. The company provides media services including print, outdoor, radio, social media, media planning, buying, and implementation; creative services such as concept development, print and outdoor advertisements, radio spots, online campaigns, logo design, and packaging design; and social media advertising including web design, SEO services, and digital campaigns. Additionally, the company handles public relations campaigns and product launches, relying on third-party suppliers, designers, media providers, and other service partners to fulfill client requirements.

Price Band

₹60

Issue Size

₹9.12 Cr

Lot Size

2000 shares

GMP

—

Est. Listing

₹60

at current GMP

Subscribed

1.18x

overall

Open

26 Sep 2022

4 Oct 2022

Allotment

12 Oct 2022

Refund

13 Oct 2022

Demat Credit

14 Oct 2022

Listing

13 Oct 2022

Last updated 11 months ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Maagh Advertising And Marketing Services Limited Allotment Status

Designated Registrar: Satellite Corporate Services Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

12 Oct 2022

Basis finalization

Refunds Initiate

13 Oct 2022

Mandate release

Demat Credit

14 Oct 2022

Shares in demat

Listing Debut

13 Oct 2022

Trading begins

About Maagh Advertising And Marketing Services Limited Public Issue & Market Profile

Maagh Advertising And Marketing Services Limited is bringing an initial public offering (IPO) in the Services sector with an aggregate issue size of ₹9.12 Crores. The shares are offered at a price band of ₹60 to ₹60 per equity share on BSE. 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 2000 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 Satellite Corporate Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2022-10-14, while un-allotted funds or UPI block mandates will be released on 2022-10-13.

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.

Maagh Advertising And Marketing Services Limited

Maagh Advertising And Marketing Services Limited Allotment Status

How to Check Maagh Advertising And Marketing Services Limited IPO Allotment Status

About Maagh Advertising And Marketing Services Limited Public Issue & Market Profile

Frequently Asked Questions

What if my name is not showing on the registrar portal?

How will I receive the refund if I don't get allotment?