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 Naapbooks Limited IPO allotment date?

The basis of allotment for Naapbooks Limited IPO is scheduled to be finalized on 9 Sep 2021.

Where can I check Naapbooks Limited IPO allotment status?

You can check your allotment status on the official registrar portal (Kfin Technologies Limited) 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 10 Sep 2021.

IPO GreyPremiumLIVE

Grey Market Intelligence

Naapbooks Limited

ListedSME

Technolog · BSE

Naapbooks develops and provides IT solutions to corporates, offering products and services including fintech apps, cloud consulting, blockchain apps, mobile apps, web apps, and embedded applications. The company handles the full software lifecycle—designing, developing, operating, installing, analyzing, maintaining, converting, porting, debugging, coding, and programming software for computers, microprocessor-based devices, and other hardware—along with providing software consultancy services.

Price Band

₹71 – ₹74

Issue Size

₹4.00 Cr

Lot Size

1600 shares

GMP

—

Est. Listing

₹74

at current GMP

Subscribed

—

Open

1 Sep 2021

6 Sep 2021

Allotment

9 Sep 2021

Refund

10 Sep 2021

Demat Credit

11 Sep 2021

Listing

15 Sep 2021

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Naapbooks Limited Allotment Status

Designated Registrar: Kfin Technologies Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

9 Sep 2021

Basis finalization

Refunds Initiate

10 Sep 2021

Mandate release

Demat Credit

11 Sep 2021

Shares in demat

Listing Debut

15 Sep 2021

Trading begins

About Naapbooks Limited Public Issue & Market Profile

Naapbooks Limited is bringing an initial public offering (IPO) in the Technolog sector with an aggregate issue size of ₹4 Crores. The shares are offered at a price band of ₹71 to ₹74 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.

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 2021-09-06, the basis of allotment is scheduled to be finalized on 2021-09-09. 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 (Kfin Technologies Limited) 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.