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 Pune E-Stock Broking Limited IPO allotment date?

The basis of allotment for Pune E-Stock Broking Limited IPO is scheduled to be finalized on 13 Mar 2024.

Where can I check Pune E-Stock Broking 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 14 Mar 2024.

Pune E-Stock Broking Limited

ListedSME

Emerging SME Services · BSE

Pune E-Stock Broking Limited (PESB), incorporated in 2007, is a corporate broking house offering a comprehensive suite of financial services. Its key offerings include client broking services, allowing users to trade in shares via a mobile app, website, or call with real-time quotes and expert assistance. PESB also provides depository services through CDSL, catering to 23,155 active clients. The company facilitates mutual fund investments across equity, debt, and hybrid categories, alongside offering corporate deposit options for secure investments. Additionally, PESB provides currency trading services, enabling clients to engage in hedging, speculation, and portfolio diversification. The firm's web-based trading platform, Aero, and its mobile trading app ensure seamless access to market trends and investment management. With a workforce of 79 employees in FY 2023, including directors, key managerial personnel, and support staff, PESB continues to deliver efficient and client-focused financial solutions.

Price Band

₹78 – ₹83

Issue Size

₹38.23 Cr

Lot Size

1600 shares

GMP

₹40

+48.2%

Est. Listing

₹123

at current GMP

Subscribed

371.42x

overall

Open

7 Mar 2024

12 Mar 2024

Allotment

13 Mar 2024

Refund

14 Mar 2024

Demat Credit

15 Mar 2024

Listing

15 Mar 2024

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Pune E-Stock Broking Limited Allotment Status

Designated Registrar: Bigshare Services Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

13 Mar 2024

Basis finalization

Refunds Initiate

14 Mar 2024

Mandate release

Demat Credit

15 Mar 2024

Shares in demat

Listing Debut

15 Mar 2024

Trading begins

How to Check Pune E-Stock Broking Limited IPO Allotment Status

Click the Check on Registrar button above to visit Bigshare Services Private Limited's allotment portal.
Select Pune E-Stock Broking Limited from the dropdown company list.
Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
Enter your details accurately and solve the Captcha code.
Click Submit / Search to view the number of shares applied and allotted to you.

About Pune E-Stock Broking Limited Public Issue & Market Profile

Pune E-Stock Broking Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹38.23 Crores. The shares are offered at a price band of ₹78 to ₹83 per equity share on BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.

Public Issue & Allotment Procedure:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1600 shares (approx. ₹1,32,800 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.

Official Allotment Timelines & Registrar Guidance:

Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-03-15, while un-allotted funds or UPI block mandates will be released on 2024-03-14.

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.