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 Net Pix Shorts Digital Media Limited IPO allotment date?

The basis of allotment for Net Pix Shorts Digital Media Limited IPO is scheduled to be finalized on 27 Nov 2020.

Where can I check Net Pix Shorts Digital Media Limited IPO allotment status?

You can check your allotment status on the official registrar portal (Cameo Corporate Services 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 28 Nov 2020.

IPO GreyPremiumLIVE

Grey Market Intelligence

Net Pix Shorts Digital Media Limited

ListedSME

Media / Communication Services · BSE

Founded in 2019, Net Pix Shorts Digital Media Limited is a Mumbai-based technology entertainment company that creates and distributes short film content on digital media channels and OTT platforms. The company began its journey with its YouTube channel, "Net Pix Shorts," where it has released 12 videos totaling 154.94 minutes of content, along with 8 short films. As of September 5, 2020, the channel has 246,000 subscribers. In addition to YouTube, Net Pix Shorts Digital Media shares its content on platforms like Hungama Play, Sony Liv, MX Player, Shorts TV, and Hotstar. The company has also launched its own music channel, "Net Pix Raw Music," featuring 4 music videos with a total runtime of 15.70 minutes.

Price Band

₹30

Issue Size

₹2.70 Cr

Lot Size

4000 shares

GMP

—

Est. Listing

₹30

at current GMP

Subscribed

—

Open

18 Nov 2020

23 Nov 2020

Allotment

27 Nov 2020

Refund

28 Nov 2020

Demat Credit

29 Nov 2020

Listing

1 Dec 2020

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Net Pix Shorts Digital Media Limited Allotment Status

Designated Registrar: Cameo Corporate Services Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

27 Nov 2020

Basis finalization

Refunds Initiate

28 Nov 2020

Mandate release

Demat Credit

29 Nov 2020

Shares in demat

Listing Debut

1 Dec 2020

Trading begins

About Net Pix Shorts Digital Media Limited Public Issue & Market Profile

Net Pix Shorts Digital Media Limited is bringing an initial public offering (IPO) in the Media / Communication Services sector with an aggregate issue size of ₹2.7 Crores. The shares are offered at a price band of ₹30 to ₹30 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.

Public Issue & Allotment Procedure:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 4000 shares (approx. ₹1,20,000 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.

Official Allotment Timelines & Registrar Guidance:

Allotment reconciliation will be managed by Cameo Corporate Services Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2020-11-29, while un-allotted funds or UPI block mandates will be released on 2020-11-28.

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.