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 Pace E-Commerce Ventures Limited IPO allotment date?

The basis of allotment for Pace E-Commerce Ventures Limited IPO is scheduled to be finalized on 18 Oct 2022.

Where can I check Pace E-Commerce Ventures Limited IPO allotment status?

You can check your allotment status on the official registrar portal (Bigshare Services Private 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 19 Oct 2022.

IPO GreyPremiumLIVE

Grey Market Intelligence

Pace E-Commerce Ventures Limited

ListedSME

Consumer Discretionary / Retail · BSE

Incorporated in 2015, Pace E-Commerce Ventures Limited offers a wide range of children’s furniture, bedding, housewares, and essential products, with a portfolio that includes beds and cribs, seating and lounging, storage solutions, décor, kids and baby bedding, homeware, toys, games, outdoor ride-ons, and art and craft items. The company provides an extensive product range across multiple categories and has expanded into on-demand printing and manufacturing for both B2C and B2B customers. Pace E-Commerce Ventures Limited has also secured manufacturing and distribution licenses for several leading brands in the kids’ entertainment industry, strengthening its market presence and product offerings.

Price Band

₹103

Issue Size

₹66.53 Cr

Lot Size

1200 shares

GMP

—

Est. Listing

₹103

at current GMP

Subscribed

1.14x

overall

Open

29 Sep 2022

13 Oct 2022

Allotment

18 Oct 2022

Refund

19 Oct 2022

Demat Credit

20 Oct 2022

Listing

20 Oct 2022

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Pace E-Commerce Ventures Limited Allotment Status

Designated Registrar: Bigshare Services Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

18 Oct 2022

Basis finalization

Refunds Initiate

19 Oct 2022

Mandate release

Demat Credit

20 Oct 2022

Shares in demat

Listing Debut

20 Oct 2022

Trading begins

About Pace E-Commerce Ventures Limited Public Issue & Market Profile

Pace E-Commerce Ventures Limited is bringing an initial public offering (IPO) in the Consumer Discretionary / Retail sector with an aggregate issue size of ₹66.53 Crores. The shares are offered at a price band of ₹103 to ₹103 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 2022-10-13, the basis of allotment is scheduled to be finalized on 2022-10-18. 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 (Bigshare Services Private 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.

Pace E-Commerce Ventures Limited

Pace E-Commerce Ventures Limited Allotment Status

How to Check Pace E-Commerce Ventures Limited IPO Allotment Status

About Pace E-Commerce Ventures Limited Public Issue & Market Profile

Frequently Asked Questions

What if my name is not showing on the registrar portal?

How will I receive the refund if I don't get allotment?