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 Mish Designs Limited IPO?

Mish Designs Limited IPO has received a total subscription of 135.53 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Mish Designs Limited

ListedSME

Emerging SME Services · BSE

Mish Designs is engaged in processing fabrics into garments under the brands “MISH” and “CURVES BY MISH” in India, and also exports its products to the UAE under the brand “ZOEY”. The company offers more than 1,000 trendy designs and provides a wide range of women’s wear, including dresses, tops, co-ords, t-shirts, trousers, and palazzos, catering to the diverse fashion preferences of modern consumers.

Price Band

₹122

Issue Size

₹9.76 Cr

Lot Size

1000 shares

GMP

₹75

+61.5%

Est. Listing

₹197

at current GMP

Subscribed

135.53x

overall

Open

31 Oct 2023

2 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 Subscription Status Allotment Status Filing Documents

Overall Subscription

135.53x

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 135.53x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
NIB	361,000	—	0.00x
RETAIL	361,000	—	0.00x
Total	722,000	0	135.53x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 135.53x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	280	37,948	135.53x
HNIs (10L +)	2	271	135.50x
HNIs (2-10L)	9	1,220	135.56x
Total Applications	291	39,439	135.53x

Day-Wise Subscription Progress

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

About Mish Designs Limited Public Issue & Market Profile

Mish Designs Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹9.76 Crores. The shares are offered at a price band of ₹122 to ₹122 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.

Bidding & Quota Instructions:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1000 shares (approx. ₹1,22,000 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.

Allotment Reconciliation Schedule:

Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-11-05, while un-allotted funds or UPI block mandates will be released on 2023-11-04.

Frequently Asked Questions

What is Mish Designs Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Mish Designs Limited IPO is ₹75 per equity share. Based on the upper price band of ₹122 to ₹122 per equity share, the estimated listing price is ₹197 (+61.5% expected listing gain).

What is the expected profit per lot for Mish Designs Limited IPO?

With a lot size of 1000 shares and current GMP of ₹75, the expected profit per application lot is approx ₹75,000 (+61.5% gain). Minimum application cost is approx ₹1,22,000.

What is the issue size and price band for Mish Designs Limited IPO?

The Mish Designs Limited IPO aggregate issue size is ₹9.76 Crores with an equity price band set at ₹122 to ₹122 per equity share. The retail lot size is 1000 shares requiring a minimum capital outlay of approx. ₹1,22,000.

How can I check Mish Designs Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 135.53x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.

Where and when will Mish Designs Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2023-11-03. Investors can verify status using PAN card or application number.

When is the listing date for Mish Designs Limited IPO?

Mish Designs Limited shares are scheduled to list on BSE on 2023-11-07.