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 Maitreya Medicare Limited IPO allotment date?

The basis of allotment for Maitreya Medicare Limited IPO is scheduled to be finalized on 3 Nov 2023.

Where can I check Maitreya Medicare Limited IPO allotment status?

You can check your allotment status on the official registrar portal (Link Intime India Private Ltd) 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 4 Nov 2023.

Maitreya Medicare Limited

ListedSME

Emerging SME Services · NSE

Established in 2019, Maitreya Medicare Limited is a multispeciality hospital located in Surat, Gujarat, offering integrated healthcare services across primary, secondary, and tertiary care. The hospital provides treatment in over 18 specialties and super specialties, including Cardiology, Urology, Oncology, Neurosurgery, Neurology, Gastroenterology, Orthopedic Surgery, Critical Care Medicine, and more. As of 2023, Maitreya Medicare has a 125-bed capacity and is led by Dr. Narendra Singh Tanwar (Founder, Promoter, CFO & Managing Director), Dr. Pranav Rohitbhai Thaker (Promoter & Whole-time Director), and Mr. Vimal Patel (Promoter & Whole-time Director). The hospital is committed to providing high-quality, multidisciplinary healthcare services to patients.

Price Band

₹78 – ₹82

Issue Size

₹14.89 Cr

Lot Size

1600 shares

GMP

₹75

+91.5%

Est. Listing

₹157

at current GMP

Subscribed

446.88x

overall

Open

27 Oct 2023

1 Nov 2023

Allotment

3 Nov 2023

Refund

4 Nov 2023

Demat Credit

5 Nov 2023

Listing

7 Nov 2023

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Maitreya Medicare Limited Allotment Status

Designated Registrar: Link Intime India Private Ltd

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

3 Nov 2023

Basis finalization

Refunds Initiate

4 Nov 2023

Mandate release

Demat Credit

5 Nov 2023

Shares in demat

Listing Debut

7 Nov 2023

Trading begins

How to Check Maitreya Medicare Limited IPO Allotment Status

Click the Check on Registrar button above to visit Link Intime India Private Ltd's allotment portal.
Select Maitreya Medicare 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 Maitreya Medicare Limited Public Issue & Market Profile

Maitreya Medicare Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹14.89 Crores. The shares are offered at a price band of ₹78 to ₹82 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.

Public Issue & Allotment Procedure:

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.

Official Allotment Timelines & Registrar Guidance:

Following the close of bidding on 2023-11-01, the basis of allotment is scheduled to be finalized on 2023-11-03. 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 (Link Intime India Private Ltd) or the BSE allotment checking window.

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.