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 Manoj Ceramic Limited IPO?

Manoj Ceramic Limited IPO has received a total subscription of 9.05 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Manoj Ceramic Limited

ListedSME

Emerging SME Services · BSE

Manoj Ceramic Limited, incorporated in 1991, trades ceramic tiles and tile adhesives under the brand “MCPL”. The company does not manufacture products itself but sources tiles and adhesives from third-party manufacturers. It sells ceramic tiles in various shapes, colors, and sizes through dealer networks, retail showrooms, exports, and B2B sales to architects, builders, and contractors, mainly across Maharashtra, Goa, Tamil Nadu, and Karnataka. It also supplies tile adhesives through distributors and direct B2B channels in Maharashtra. The company operates retail showrooms in Mumbai (Ghatkopar and Andheri) and Bangalore, and has expanded internationally by setting up a subsidiary in London, UK, named MCPL Ceramic Limited.

Price Band

₹62

Issue Size

₹14.47 Cr

Lot Size

2000 shares

GMP

₹6

+9.7%

Est. Listing

₹68

at current GMP

Subscribed

9.05x

overall

Open

27 Dec 2023

29 Dec 2023

Allotment

2 Jan 2024

Refund

3 Jan 2024

Demat Credit

4 Jan 2024

Listing

3 Jan 2024

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

9.05x

Total Demand

QIB Multiplier

0.00x

Institutions & Funds

NII / HNI

7.38x

High Net-Worth

Retail (RII)

10.72x

Individual Bidders

Category-Wise Subscription Breakup

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

Total 9.05x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
NIB	1,108,000	8,180,000	7.38x
RETAIL	1,108,000	11,882,000	10.72x
Total	2,216,000	20,062,000	9.05x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 10.59x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	408	4,374	10.72x
HNIs (10L +)	3	22	7.38x
HNIs (2-10L)	13	96	7.38x
Total Applications	424	4,492	10.59x

Day-Wise Subscription Progress

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

About Manoj Ceramic Limited Public Issue & Market Profile

Manoj Ceramic Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹14.47 Crores. The shares are offered at a price band of ₹62 to ₹62 per equity share on BSE. 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 2023-12-29, the basis of allotment is scheduled to be finalized on 2024-01-02. 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 (Purva Sharegistry India Private Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is Manoj Ceramic Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Manoj Ceramic Limited IPO is ₹6 per equity share. Based on the upper price band of ₹62 to ₹62 per equity share, the estimated listing price is ₹68 (+9.7% expected listing gain).

What is the expected profit per lot for Manoj Ceramic Limited IPO?

With a lot size of 2000 shares and current GMP of ₹6, the expected profit per application lot is approx ₹12,000 (+9.7% gain). Minimum application cost is approx ₹1,24,000.

What is the issue size and price band for Manoj Ceramic Limited IPO?

The Manoj Ceramic Limited IPO aggregate issue size is ₹14.47 Crores with an equity price band set at ₹62 to ₹62 per equity share. The retail lot size is 2000 shares requiring a minimum capital outlay of approx. ₹1,24,000.

How can I check Manoj Ceramic Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 9.05x (Retail: 10.72x, QIB: 0.00x, NII: 7.38x). You can track live multiples directly on our dedicated subscription page.

Where and when will Manoj Ceramic Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Purva Sharegistry India Private Limited) and the BSE status verification website on or around 2024-01-02. Investors can verify status using PAN card or application number.

When is the listing date for Manoj Ceramic Limited IPO?

Manoj Ceramic Limited shares are scheduled to list on BSE on 2024-01-03.