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 Rajgor Castor Derivatives IPO allotment date?

The basis of allotment for Rajgor Castor Derivatives IPO is scheduled to be finalized on 25 Oct 2023.

Where can I check Rajgor Castor Derivatives IPO allotment status?

You can check your allotment status on the official registrar portal (Link Intime India 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 26 Oct 2023.

Rajgor Castor Derivatives

ListedSME

Emerging SME Services · NSE

Incorporated in 2018, Rajgor Castor Derivatives Limited is engaged in the manufacturing of castor-based products catering to the domestic market. The company’s product portfolio includes Refined Castor Oil First Stage Grade (F.S.G.), Castor De-Oiled Cake, and High Protein Castor De-Oiled Cake. These products are used across industries such as pharmaceuticals, cosmetics, lubricants, and animal feed, addressing the needs of a diverse set of customers. The company focuses on quality production processes to ensure that its castor derivatives meet industry standards and serve as reliable inputs for downstream applications.

Price Band

₹47 – ₹50

Issue Size

₹47.81 Cr

Lot Size

3000 shares

GMP

₹5

+10.0%

Est. Listing

₹55

at current GMP

Subscribed

105.34x

overall

Open

17 Oct 2023

20 Oct 2023

Allotment

25 Oct 2023

Refund

26 Oct 2023

Demat Credit

27 Oct 2023

Listing

31 Oct 2023

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Rajgor Castor Derivatives Allotment Status

Designated Registrar: Link Intime India Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

25 Oct 2023

Basis finalization

Refunds Initiate

26 Oct 2023

Mandate release

Demat Credit

27 Oct 2023

Shares in demat

Listing Debut

31 Oct 2023

Trading begins

How to Check Rajgor Castor Derivatives IPO Allotment Status

Click the Check on Registrar button above to visit Link Intime India Private Limited's allotment portal.
Select Rajgor Castor Derivatives 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 Rajgor Castor Derivatives Public Issue & Market Profile

Rajgor Castor Derivatives is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹47.81 Crores. The shares are offered at a price band of ₹47 to ₹50 per equity share on NSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.

Public Issue & Allotment Procedure:

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.

Official Allotment Timelines & Registrar Guidance:

Following the close of bidding on 2023-10-20, the basis of allotment is scheduled to be finalized on 2023-10-25. 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 (Link Intime India Private Limited) or the BSE allotment checking window.

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.