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 Moxsh Overseas Educon Limited IPO?

Moxsh Overseas Educon Limited IPO has received a total subscription of 100.44 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Moxsh Overseas Educon Limited

ListedSME

Education Services · NSE

Incorporated in 2018, Moxsh Overseas Educon Limited is an Edu-Medi Tech company operating under the brand “MOKSH,” offering learning, counselling, and mobility services to students pursuing medical education (MBBS) in India or abroad. The company provides two main services — Student Mobility Services, which include university guidance, application support, placement, travel assistance, and post-arrival services; and Healthcare Academy programs that prepare students for entrance and licensing exams like NEET-UG, USMLE, NeXT, and FMGE. Leveraging advanced technology, Moxsh delivers digital learning solutions that promote self-paced education. As of August 31, 2022, it has 23 touchpoints across India, including franchisee operations in 18 cities and offices in Mumbai, Pune, Delhi, Bhopal, and Ahmedabad. The company employs over 45 trained counsellors and has partnerships with six international universities across Lithuania, Croatia, Latvia, and Malaysia.

Price Band

₹153

Issue Size

₹10.42 Cr

Lot Size

800 shares

GMP

₹20

+13.1%

Est. Listing

₹173

at current GMP

Subscribed

100.44x

overall

Open

21 Dec 2022

23 Dec 2022

Allotment

28 Dec 2022

Refund

29 Dec 2022

Demat Credit

30 Dec 2022

Listing

30 Dec 2022

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

100.44x

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 100.44x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
Qualified Institutional (QIB)	340,523	—	0.00x
Non-Institutional (NII / HNI)	102,157	—	0.00x
Retail Individual (RII)	238,366	—	0.00x
Total	681,046	0	100.44x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 100.44x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	298	29,931	100.44x
HNIs (10L +)	2	201	100.50x
HNIs (2-10L)	9	904	100.44x
Total Applications	309	31,036	100.44x

Day-Wise Subscription Progress

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

About Moxsh Overseas Educon Limited Public Issue & Market Profile

Moxsh Overseas Educon Limited is bringing an initial public offering (IPO) in the Education Services sector with an aggregate issue size of ₹10.42 Crores. The shares are offered at a price band of ₹153 to ₹153 per equity share on NSE. 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 800 shares (approx. ₹1,22,400 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 Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2022-12-30, while un-allotted funds or UPI block mandates will be released on 2022-12-29.

Frequently Asked Questions

What is Moxsh Overseas Educon Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Moxsh Overseas Educon Limited IPO is ₹20 per equity share. Based on the upper price band of ₹153 to ₹153 per equity share, the estimated listing price is ₹173 (+13.1% expected listing gain).

What is the expected profit per lot for Moxsh Overseas Educon Limited IPO?

With a lot size of 800 shares and current GMP of ₹20, the expected profit per application lot is approx ₹16,000 (+13.1% gain). Minimum application cost is approx ₹1,22,400.

What is the issue size and price band for Moxsh Overseas Educon Limited IPO?

The Moxsh Overseas Educon Limited IPO aggregate issue size is ₹10.42 Crores with an equity price band set at ₹153 to ₹153 per equity share. The retail lot size is 800 shares requiring a minimum capital outlay of approx. ₹1,22,400.

How can I check Moxsh Overseas Educon Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 100.44x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.

Where and when will Moxsh Overseas Educon 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 2022-12-28. Investors can verify status using PAN card or application number.

When is the listing date for Moxsh Overseas Educon Limited IPO?

Moxsh Overseas Educon Limited shares are scheduled to list on NSE on 2022-12-30.