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 price band for Nirmitee Robotics India Limited IPO?

The price band for Nirmitee Robotics India Limited IPO is set at ₹185 to ₹185 per equity share with a minimum lot size of 600 shares.

When does Nirmitee Robotics India Limited IPO open and close?

The Nirmitee Robotics India Limited IPO opens on 2020-03-31 and closes on 2020-04-09. The allotment date is 2020-04-17 and the listing date is 2020-04-21.

What is the current GMP of Nirmitee Robotics India Limited IPO?

The current grey market premium (GMP) for Nirmitee Robotics India Limited IPO is ₹0, implying an estimated listing price of ₹185 (0% gain over the upper price band).

How do I check Nirmitee Robotics India Limited IPO allotment status?

You can check the allotment status on the registrar's official portal (Bigshare Services Private Limited) or through the BSE/NSE allotment websites once the basis of allotment is finalized.

Nirmitee Robotics India Limited

ListedSME

Industrials / Services · BSE

Nirmitee Robotics India Ltd, incorporated in 2016, designs and manufactures robotic solutions for ozone sterilization and HVAC duct cleaning applications. The company develops customized robots that clean, scrub, polish, remove dust and bacteria, and sanitize air ducts to maintain long-term cleanliness. It has patented duct cleaning robots that manage the complete process, including inspection, cleaning, and post-cleaning activities, using advanced control systems and high-resolution cameras. Nirmitee provides its services to sectors such as convention centers, railways, hospitals, offices, and facilities with sensitive equipment like data centers, and operates under ISO certification with a structured quality management system across multiple regions.

Price Band

₹185

Issue Size

₹3.24 Cr

Lot Size

600 shares

GMP

—

Est. Listing

₹185

at current GMP

Subscribed

—

Open

31 Mar 2020

9 Apr 2020

Allotment

17 Apr 2020

Refund

18 Apr 2020

Demat Credit

19 Apr 2020

Listing

21 Apr 2020

Last updated 12 days ago

Overview GMP Subscription Financials IPO Details Company Promoters Objects Peers Documents Allotment FAQs

Key Highlights

•Leading player in the Industrials / Services segment
•Price band established at ₹185 - ₹185 per equity share
•Minimum bid lot is 600 shares
•Estimated listing target of ₹185 based on current grey market activity