
Emerging SME Services · NSE
Incorporated in June 1996, Presstonic Engineering Limited is a manufacturing company that makes specialised products used in Metro Rail rolling stock, signalling systems, and infrastructure. The company supplies its products to global and Indian OEMs involved in building and servicing trains and metro systems. Its manufacturing facility covers around 28,317 sq.ft. and is equipped with modern machines to produce a variety of components. Presstonic makes products like metro seats, grab poles, handrails, honeycomb panels, emergency ramps, IP-rated enclosures, mounting brackets, steel and aluminium structures, solar panel supports, ladder assemblies, wire forms, and cable trays which are used in railways, metros, and related projects.
Price Band
₹72
Issue Size
₹23.30 Cr
Lot Size
1600 shares
GMP
+100.0%
Est. Listing
₹144
at current GMP
Subscribed
161.16x
overall
Open
11 Dec 2023
Close
13 Dec 2023
Allotment
14 Dec 2023
Refund
15 Dec 2023
Demat Credit
16 Dec 2023
Listing
18 Dec 2023
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹72
Band: ₹72
Estimated Listing Price
₹144
Upper price + GMP
Lot Size
1600 shares
Min investment ₹1,15,200
Estimated Profit / Lot
₹1,15,200
1600 × ₹72
Grey Market Premium trend
+₹72
▲ 0 today
Updated 1 minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹72 | 100.0% | ₹144 |
| 30 Oct 2026 | +₹72 | 100.0% | ₹144 |
| 29 Oct 2026 | +₹65 | 90.0% | ₹137 |
GMP is unofficial market data. Not a guarantee of listing performance.
Presstonic Engineering Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹23.3 Crores. The shares are offered at a price band of ₹72 to ₹72 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.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1600 shares (approx. ₹1,15,200 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 will be managed by Cameo Corporate Services Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-12-16, while un-allotted funds or UPI block mandates will be released on 2023-12-15.
The latest grey market premium for Presstonic Engineering Limited IPO is ₹72, which indicates an expected listing price of ₹144.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.