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 Petro Carbon and Chemicals Limited IPO?

Petro Carbon and Chemicals Limited IPO has received a total subscription of 92.11 times overall.

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Grey Market Intelligence

Petro Carbon and Chemicals Limited

ListedSME

Chemicals · NSE

Petro Carbon and Chemicals Limited, a part of the ATHA Group and established in 2007, specializes in producing calcined petroleum coke (CPC) from raw petroleum coke (RPC) for the aluminum, steel, and other carbon-based industries. Its production facility in Purba Medinipur, West Bengal, spans approximately 30 acres with an annual production capacity of around 93,744 tons of CPC. The company employs around 74 staff members across production, maintenance, marketing, sales, administration, and corporate services, supplemented by approximately 290 contract workers to support its operations.

Price Band

₹162 – ₹171

Issue Size

₹113 Cr

Lot Size

800 shares

GMP

₹90

+52.6%

Est. Listing

₹261

at current GMP

Subscribed

92.11x

overall

Open

25 Jun 2024

27 Jun 2024

Allotment

28 Jun 2024

Refund

29 Jun 2024

Demat Credit

30 Jun 2024

Listing

2 Jul 2024

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

92.11x

Total Demand

QIB Multiplier

94.49x

Institutions & Funds

NII / HNI

130.38x

High Net-Worth

Retail (RII)

74.34x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 92.11x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	1,236,800	116,869,600	94.49x
NIB	928,800	121,093,600	130.38x
RETAIL	2,166,400	161,051,200	74.34x
Total	4,332,000	399,014,400	92.11x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 76.36x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	2,895	215,214	74.34x
HNIs (10L +)	19	2,477	130.38x
HNIs (2-10L)	89	11,604	130.38x
Total Applications	3,003	229,295	76.36x

Day-Wise Subscription Progress

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

About Petro Carbon and Chemicals Limited Public Issue & Market Profile

Petro Carbon and Chemicals Limited is bringing an initial public offering (IPO) in the Chemicals sector with an aggregate issue size of ₹113.16 Crores. The shares are offered at a price band of ₹162 to ₹171 per equity share on NSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.

Bidding & Quota Instructions:

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.

Allotment Reconciliation Schedule:

Following the close of bidding on 2024-06-27, the basis of allotment is scheduled to be finalized on 2024-06-28. 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 is Petro Carbon and Chemicals Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Petro Carbon and Chemicals Limited IPO is ₹90 per equity share. Based on the upper price band of ₹162 to ₹171 per equity share, the estimated listing price is ₹261 (+52.6% expected listing gain).

What is the expected profit per lot for Petro Carbon and Chemicals Limited IPO?

With a lot size of 800 shares and current GMP of ₹90, the expected profit per application lot is approx ₹72,000 (+52.6% gain). Minimum application cost is approx ₹1,36,800.

What is the issue size and price band for Petro Carbon and Chemicals Limited IPO?

The Petro Carbon and Chemicals Limited IPO aggregate issue size is ₹113.16 Crores with an equity price band set at ₹162 to ₹171 per equity share. The retail lot size is 800 shares requiring a minimum capital outlay of approx. ₹1,36,800.

How can I check Petro Carbon and Chemicals Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 92.11x (Retail: 74.34x, QIB: 94.49x, NII: 130.38x). You can track live multiples directly on our dedicated subscription page.

Where and when will Petro Carbon and Chemicals 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 2024-06-28. Investors can verify status using PAN card or application number.

When is the listing date for Petro Carbon and Chemicals Limited IPO?

Petro Carbon and Chemicals Limited shares are scheduled to list on NSE on 2024-07-02.