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 Rajeshwari Cans Limited IPO allotment date?

The basis of allotment for Rajeshwari Cans Limited IPO is scheduled to be finalized on 12 Apr 2021.

Where can I check Rajeshwari Cans 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 13 Apr 2021.

Rajeshwari Cans Limited

ListedSME

Industrials / Packaging · BSE

Incorporated in 2013, Rajeshwari Cans Limited is primarily engaged in manufacturing round-printed tin containers of various sizes and providing printing services on them. The company caters to tobacco manufacturers and paint companies, producing 50 gm to 500 gm containers for tobacco and up to 5-liter containers for the paint industry. Its manufacturing operations are carried out at facilities located in Mahagujarat Industrial Estate and Shree Ganesh Industrial Estate.

Price Band

₹20

Issue Size

₹4.00 Cr

Lot Size

6000 shares

GMP

—

Est. Listing

₹20

at current GMP

Subscribed

—

Open

31 Mar 2021

6 Apr 2021

Allotment

12 Apr 2021

Refund

13 Apr 2021

Demat Credit

14 Apr 2021

Listing

15 Apr 2021

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Rajeshwari Cans Limited Allotment Status

Designated Registrar: Bigshare Services Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

12 Apr 2021

Basis finalization

Refunds Initiate

13 Apr 2021

Mandate release

Demat Credit

14 Apr 2021

Shares in demat

Listing Debut

15 Apr 2021

Trading begins

How to Check Rajeshwari Cans Limited IPO Allotment Status

Click the Check on Registrar button above to visit Bigshare Services Private Limited's allotment portal.
Select Rajeshwari Cans 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 Rajeshwari Cans Limited Public Issue & Market Profile

Rajeshwari Cans Limited is bringing an initial public offering (IPO) in the Industrials / Packaging sector with an aggregate issue size of ₹4 Crores. The shares are offered at a price band of ₹20 to ₹20 per equity share on BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.

Public Issue & Allotment Procedure:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 6000 shares (approx. ₹1,20,000 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.

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 2021-04-14, while un-allotted funds or UPI block mandates will be released on 2021-04-13.

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.