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 Rajgor Castor Derivatives IPO?

Rajgor Castor Derivatives IPO has received a total subscription of 105.34 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

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 Subscription Status Allotment Status Filing Documents

Overall Subscription

105.34x

Total Demand

QIB Multiplier

33.65x

Institutions & Funds

NII / HNI

260.37x

High Net-Worth

Retail (RII)

79.88x

Individual Bidders

Category-Wise Subscription Breakup

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

Total 105.34x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	1,818,000	61,173,000	33.65x
NIB	1,362,000	354,630,000	260.37x
RETAIL	3,174,000	253,551,000	79.88x
Total	6,354,000	669,354,000	105.34x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 86.28x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	1,116	89,146	79.88x
HNIs (10L +)	7	1,823	260.37x
HNIs (2-10L)	34	8,853	260.37x
Total Applications	1,157	99,822	86.28x

Day-Wise Subscription Progress

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

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.

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 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 is Rajgor Castor Derivatives IPO GMP today?

The latest Grey Market Premium (GMP) for Rajgor Castor Derivatives IPO is ₹5 per equity share. Based on the upper price band of ₹47 to ₹50 per equity share, the estimated listing price is ₹55 (+10.0% expected listing gain).

What is the expected profit per lot for Rajgor Castor Derivatives IPO?

With a lot size of 3000 shares and current GMP of ₹5, the expected profit per application lot is approx ₹15,000 (+10.0% gain). Minimum application cost is approx ₹1,50,000.

What is the issue size and price band for Rajgor Castor Derivatives IPO?

The Rajgor Castor Derivatives IPO aggregate issue size is ₹47.81 Crores with an equity price band set at ₹47 to ₹50 per equity share. The retail lot size is 3000 shares requiring a minimum capital outlay of approx. ₹1,50,000.

How can I check Rajgor Castor Derivatives IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 105.34x (Retail: 79.88x, QIB: 33.65x, NII: 260.37x). You can track live multiples directly on our dedicated subscription page.

Where and when will Rajgor Castor Derivatives IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2023-10-25. Investors can verify status using PAN card or application number.

When is the listing date for Rajgor Castor Derivatives IPO?

Rajgor Castor Derivatives shares are scheduled to list on NSE on 2023-10-31.