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 current subscription status of Maks Energy Solutions India Limited IPO?

Maks Energy Solutions India Limited IPO has received a total subscription of 26.30 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Maks Energy Solutions India Limited

ListedSME

Energy / Renewable Energy · NSE

Maks Energy Solutions India Limited is engaged in trading, assembling, selling, installing, testing, and commissioning generator and diesel generator (DG) sets, with business verticals spanning DG set trading and assembly as well as the distribution of commercial vehicle spare parts. The company procures diesel engines, alternators, and other components from suppliers, assembles DG sets, and sells them along with related spare parts in both domestic and export markets, while also distributing auto spare parts within Maharashtra. Maks Energy exports DG sets to regions including the Middle East, Southeast Asia, and parts of Africa, and operates its assembly facility in Pune, Maharashtra. The company reported revenues of ₹4,217.18 lakh in FY2020, ₹2,070.95 lakh in FY2021, and ₹2,553.76 lakh in FY2022.

Price Band

₹20

Issue Size

₹4.00 Cr

Lot Size

6000 shares

GMP

₹5

+25.0%

Est. Listing

₹25

at current GMP

Subscribed

26.30x

overall

Open

16 Sep 2022

20 Sep 2022

Allotment

23 Sep 2022

Refund

24 Sep 2022

Demat Credit

25 Sep 2022

Listing

28 Sep 2022

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

26.30x

Total Demand

QIB Multiplier

0.00x

Institutions & Funds

NII / HNI

0.00x

High Net-Worth

Retail (RII)

0.00x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 26.30x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
Qualified Institutional (QIB)	1,000,000	—	0.00x
Non-Institutional (NII / HNI)	300,000	—	0.00x
Retail Individual (RII)	700,000	—	0.00x
Total	2,000,000	0	26.30x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 26.30x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	117	3,077	26.30x
HNIs (10L +)	1	26	26.00x
HNIs (2-10L)	4	105	26.25x
Total Applications	122	3,208	26.30x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About Maks Energy Solutions India Limited Public Issue & Market Profile

Maks Energy Solutions India Limited is bringing an initial public offering (IPO) in the Energy / Renewable Energy sector with an aggregate issue size of ₹4 Crores. The shares are offered at a price band of ₹20 to ₹20 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.

Bidding & Quota Instructions:

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.

Allotment Reconciliation Schedule:

Following the close of bidding on 2022-09-20, the basis of allotment is scheduled to be finalized on 2022-09-23. 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 (Bigshare Services Private Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is Maks Energy Solutions India Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Maks Energy Solutions India Limited IPO is ₹5 per equity share. Based on the upper price band of ₹20 to ₹20 per equity share, the estimated listing price is ₹25 (+25.0% expected listing gain).

What is the expected profit per lot for Maks Energy Solutions India Limited IPO?

With a lot size of 6000 shares and current GMP of ₹5, the expected profit per application lot is approx ₹30,000 (+25.0% gain). Minimum application cost is approx ₹1,20,000.

What is the issue size and price band for Maks Energy Solutions India Limited IPO?

The Maks Energy Solutions India Limited IPO aggregate issue size is ₹4 Crores with an equity price band set at ₹20 to ₹20 per equity share. The retail lot size is 6000 shares requiring a minimum capital outlay of approx. ₹1,20,000.

How can I check Maks Energy Solutions India Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 26.30x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.

Where and when will Maks Energy Solutions India Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2022-09-23. Investors can verify status using PAN card or application number.

When is the listing date for Maks Energy Solutions India Limited IPO?

Maks Energy Solutions India Limited shares are scheduled to list on NSE on 2022-09-28.