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 Nirman Agri Genetics Limited IPO?

Nirman Agri Genetics Limited IPO has received a total subscription of 1.03 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Nirman Agri Genetics Limited

ListedSME

Agriculture & Biotechnology · NSE

Incorporated in 2020, Nirman Agri Genetics Limited is an organized agri-input company engaged in the production, processing, and marketing of high-quality hybrid seeds, pesticides, and bio-organic products for crops like corn, sunflower, cotton, paddy, and grain sorghum. The company has also expanded into micronutrients and bioproducts, along with producing non-hybrid paddy seeds. With production, outsourced processing, and R&D facilities in Maharashtra, Gujarat, and Madhya Pradesh, Nirman markets bio-pesticides, micronutrients, bio-fertilizers, fertilizer mixtures, and plant growth regulators under its brand “Nirman Agri Genetics.” The company aims to be a leading crop solutions provider by offering high-yielding hybrid seeds and effective crop management products to farmers.

Price Band

₹99

Issue Size

₹20.30 Cr

Lot Size

1200 shares

GMP

₹2

+2.0%

Est. Listing

₹101

at current GMP

Subscribed

1.03x

overall

Open

15 Mar 2023

20 Mar 2023

Allotment

24 Mar 2023

Refund

25 Mar 2023

Demat Credit

26 Mar 2023

Listing

28 Mar 2023

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

1.03x

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 1.03x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
Qualified Institutional (QIB)	1,025,253	—	0.00x
Non-Institutional (NII / HNI)	307,576	—	0.00x
Retail Individual (RII)	717,677	—	0.00x
Total	2,050,506	0	1.03x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 1.03x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	598	616	1.03x
HNIs (10L +)	4	4	1.00x
HNIs (2-10L)	18	19	1.06x
Total Applications	620	639	1.03x

Day-Wise Subscription Progress

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

About Nirman Agri Genetics Limited Public Issue & Market Profile

Nirman Agri Genetics Limited is bringing an initial public offering (IPO) in the Agriculture & Biotechnology sector with an aggregate issue size of ₹20.3 Crores. The shares are offered at a price band of ₹99 to ₹99 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 1200 shares (approx. ₹1,18,800 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 2023-03-26, while un-allotted funds or UPI block mandates will be released on 2023-03-25.

Frequently Asked Questions

What is Nirman Agri Genetics Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Nirman Agri Genetics Limited IPO is ₹2 per equity share. Based on the upper price band of ₹99 to ₹99 per equity share, the estimated listing price is ₹101 (+2.0% expected listing gain).

What is the expected profit per lot for Nirman Agri Genetics Limited IPO?

With a lot size of 1200 shares and current GMP of ₹2, the expected profit per application lot is approx ₹2,400 (+2.0% gain). Minimum application cost is approx ₹1,18,800.

What is the issue size and price band for Nirman Agri Genetics Limited IPO?

The Nirman Agri Genetics Limited IPO aggregate issue size is ₹20.3 Crores with an equity price band set at ₹99 to ₹99 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,18,800.

How can I check Nirman Agri Genetics Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 1.03x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.

Where and when will Nirman Agri Genetics 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 2023-03-24. Investors can verify status using PAN card or application number.

When is the listing date for Nirman Agri Genetics Limited IPO?

Nirman Agri Genetics Limited shares are scheduled to list on NSE on 2023-03-28.