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 Premium Plast Limited IPO?

Premium Plast Limited IPO has received a total subscription of 38.93 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Premium Plast Limited

ListedSME

Manufacturing · NSE

Premium Plast Limited, established in 1995, is a trusted manufacturer of plastic components for commercial vehicles. The company designs and produces a wide range of injection and blow-moulded plastic parts used in automotive, industrial, and packaging applications. With a strong focus on the automotive sector, it offers over 600 different components from its three modern manufacturing plants—two in Pithampur, Madhya Pradesh, and one in Vasai, Maharashtra. Together, these facilities have a production capacity of 1,975 MTPA. As of June 30, 2024, Premium Plast had a dedicated team of 39 employees, ensuring smooth operations and high-quality products.

Price Band

₹46 – ₹49

Issue Size

₹26.20 Cr

Lot Size

3000 shares

GMP

₹9

+18.4%

Est. Listing

₹58

at current GMP

Subscribed

38.93x

overall

Open

21 Oct 2024

23 Oct 2024

Allotment

24 Oct 2024

Refund

25 Oct 2024

Demat Credit

26 Oct 2024

Listing

28 Oct 2024

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

38.93x

Total Demand

QIB Multiplier

6.74x

Institutions & Funds

NII / HNI

19.68x

High Net-Worth

Retail (RII)

65.37x

Individual Bidders

Category-Wise Subscription Breakup

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

Total 38.93x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	510,000	3,435,000	6.74x
NIB	2,283,000	44,925,000	19.68x
RETAIL	2,283,000	149,238,000	65.37x
Total	5,076,000	197,598,000	38.93x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Category	Applications Reserved	Applications Received	Times Subscribed
QIB	—	3	0.00x
NIB	—	4,070	0.00x
RETAIL	—	49,746	0.00x

Day-Wise Subscription Progress

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

About Premium Plast Limited Public Issue & Market Profile

Premium Plast Limited is bringing an initial public offering (IPO) in the Manufacturing sector with an aggregate issue size of ₹26.2 Crores. The shares are offered at a price band of ₹46 to ₹49 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.

Bidding & Quota Instructions:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 3000 shares (approx. ₹1,47,000 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.

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 2024-10-26, while un-allotted funds or UPI block mandates will be released on 2024-10-25.

Frequently Asked Questions

What is Premium Plast Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Premium Plast Limited IPO is ₹9 per equity share. Based on the upper price band of ₹46 to ₹49 per equity share, the estimated listing price is ₹58 (+18.4% expected listing gain).

What is the expected profit per lot for Premium Plast Limited IPO?

With a lot size of 3000 shares and current GMP of ₹9, the expected profit per application lot is approx ₹27,000 (+18.4% gain). Minimum application cost is approx ₹1,47,000.

What is the issue size and price band for Premium Plast Limited IPO?

The Premium Plast Limited IPO aggregate issue size is ₹26.2 Crores with an equity price band set at ₹46 to ₹49 per equity share. The retail lot size is 3000 shares requiring a minimum capital outlay of approx. ₹1,47,000.

How can I check Premium Plast Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 38.93x (Retail: 65.37x, QIB: 6.74x, NII: 19.68x). You can track live multiples directly on our dedicated subscription page.

Where and when will Premium Plast 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 2024-10-24. Investors can verify status using PAN card or application number.

When is the listing date for Premium Plast Limited IPO?

Premium Plast Limited shares are scheduled to list on NSE on 2024-10-28.