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 QMS Medical Allied Services Limited IPO?

QMS Medical Allied Services Limited IPO has received a total subscription of 0.88 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

QMS Medical Allied Services Limited

ListedSME

Healthcare · NSE

Incorporated in 2017, QMS Medical Allied Services Limited is engaged in the marketing and distribution of a wide range of medical products under its own brand “QDevices,” along with distributing reputed brands like 3M, Heine and Rossmax. Its product portfolio includes BP monitors, glucose monitoring kits and strips, dental products, PPE kits, infection prevention items, stethoscopes and oxygen concentrators. The company also focuses on medical education by offering specialized courses such as PG Diploma in Cardiology, Masterclasses in Diabetes and renal management, cardiology and cardiac rehabilitation to support continuous skill development. QMS distributes products across India through both offline and online channels and also operates an e-commerce platform, Qmeds, which enables medical equipment dealers, distributors, surgeons and clinicians to conveniently source medical supplies.

Price Band

₹121

Issue Size

₹56.87 Cr

Lot Size

1000 shares

GMP

—

Est. Listing

₹121

at current GMP

Subscribed

0.88x

overall

Open

27 Sep 2022

30 Sep 2022

Allotment

7 Oct 2022

Refund

8 Oct 2022

Demat Credit

9 Oct 2022

Listing

11 Oct 2022

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

0.88x

Total Demand

QIB Multiplier

0.00x

Institutions & Funds

NII / HNI

0.00x

High Net-Worth

Retail (RII)

0.00x

Individual Bidders

Category-Wise Subscription Breakup

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

Total 0.88x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
Qualified Institutional (QIB)	2,350,000	—	0.00x
Non-Institutional (NII / HNI)	705,000	—	0.00x
Retail Individual (RII)	1,645,000	—	0.00x
Total	4,700,000	0	0.88x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 0.88x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	1,645	1,448	0.88x
HNIs (10L +)	11	10	0.91x
HNIs (2-10L)	50	44	0.88x
Total Applications	1,706	1,502	0.88x

Day-Wise Subscription Progress

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

About QMS Medical Allied Services Limited Public Issue & Market Profile

QMS Medical Allied Services Limited is bringing an initial public offering (IPO) in the Healthcare sector with an aggregate issue size of ₹56.87 Crores. The shares are offered at a price band of ₹121 to ₹121 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 2022-09-30, the basis of allotment is scheduled to be finalized on 2022-10-07. 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 QMS Medical Allied Services Limited IPO GMP today?

Currently, QMS Medical Allied Services Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹121 to ₹121 per equity share.

What is the expected profit per lot for QMS Medical Allied Services Limited IPO?

The retail lot size is 1000 shares requiring a minimum application amount of ₹1,21,000. Expected listing price is ₹121 per equity share.

What is the issue size and price band for QMS Medical Allied Services Limited IPO?

The QMS Medical Allied Services Limited IPO aggregate issue size is ₹56.87 Crores with an equity price band set at ₹121 to ₹121 per equity share. The retail lot size is 1000 shares requiring a minimum capital outlay of approx. ₹1,21,000.

How can I check QMS Medical Allied Services Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.88x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.

Where and when will QMS Medical Allied Services 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 2022-10-07. Investors can verify status using PAN card or application number.

When is the listing date for QMS Medical Allied Services Limited IPO?

QMS Medical Allied Services Limited shares are scheduled to list on NSE on 2022-10-11.