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 RAJPUTANA INDUSTRIES LIMITED IPO?

RAJPUTANA INDUSTRIES LIMITED IPO has received a total subscription of 376.49 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

RAJPUTANA INDUSTRIES LIMITED

ListedSME

Manufacturing / Capital Goods · NSE

Rajputana Industries manufactures a diverse range of non-ferrous metal products using Copper, Aluminium, Brass, and various alloys sourced from recycled scrap metal. The scrap is processed into billets at its in-house facility in Reengus, Sikar, Rajasthan, which are either sold to other manufacturers or further converted into Copper and Aluminium rods, Copper mother tubes, Brass wires, super-enameled copper conductors, and related products. The company produces rods, wires, tubes, bars, billets, and strips in various shapes and sizes to meet customized industry requirements. With an annual installed capacity of 9,860 MT as of March 31, 2023, and equipped with advanced machinery and an in-house quality testing lab, Rajputana Industries ensures high-quality output across its entire product portfolio.

Price Band

₹36 – ₹38

Issue Size

₹23.88 Cr

Lot Size

3000 shares

GMP

₹45

+118.4%

Est. Listing

₹83

at current GMP

Subscribed

376.49x

overall

Open

30 Jul 2024

1 Aug 2024

Allotment

2 Aug 2024

Refund

3 Aug 2024

Demat Credit

4 Aug 2024

Listing

6 Aug 2024

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

376.49x

Total Demand

QIB Multiplier

177.94x

Institutions & Funds

NII / HNI

418.35x

High Net-Worth

Retail (RII)

524.61x

Individual Bidders

Category-Wise Subscription Breakup

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

Total 376.49x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	1,074,000	191,112,000	177.94x
NIB	900,000	376,518,000	418.35x
RETAIL	2,010,000	1,054,476,000	524.61x
EMPLOYEES	30,000	84,000	2.80x
Shareholder	300,000	2,001,000	6.67x
Total	4,314,000	1,624,191,000	376.49x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 520.84x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	733	384,539	524.61x
HNIs (10L +)	5	2,092	418.35x
HNIs (2-10L)	22	9,204	418.35x
Total Applications	760	395,835	520.84x

Day-Wise Subscription Progress

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

About RAJPUTANA INDUSTRIES LIMITED Public Issue & Market Profile

RAJPUTANA INDUSTRIES LIMITED is bringing an initial public offering (IPO) in the Manufacturing / Capital Goods sector with an aggregate issue size of ₹23.88 Crores. The shares are offered at a price band of ₹36 to ₹38 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 2024-08-01, the basis of allotment is scheduled to be finalized on 2024-08-02. 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 RAJPUTANA INDUSTRIES LIMITED IPO GMP today?

The latest Grey Market Premium (GMP) for RAJPUTANA INDUSTRIES LIMITED IPO is ₹45 per equity share. Based on the upper price band of ₹36 to ₹38 per equity share, the estimated listing price is ₹83 (+118.4% expected listing gain).

What is the expected profit per lot for RAJPUTANA INDUSTRIES LIMITED IPO?

With a lot size of 3000 shares and current GMP of ₹45, the expected profit per application lot is approx ₹1,35,000 (+118.4% gain). Minimum application cost is approx ₹1,14,000.

What is the issue size and price band for RAJPUTANA INDUSTRIES LIMITED IPO?

The RAJPUTANA INDUSTRIES LIMITED IPO aggregate issue size is ₹23.88 Crores with an equity price band set at ₹36 to ₹38 per equity share. The retail lot size is 3000 shares requiring a minimum capital outlay of approx. ₹1,14,000.

How can I check RAJPUTANA INDUSTRIES LIMITED IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 376.49x (Retail: 524.61x, QIB: 177.94x, NII: 418.35x). You can track live multiples directly on our dedicated subscription page.

Where and when will RAJPUTANA INDUSTRIES 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 2024-08-02. Investors can verify status using PAN card or application number.

When is the listing date for RAJPUTANA INDUSTRIES LIMITED IPO?

RAJPUTANA INDUSTRIES LIMITED shares are scheduled to list on NSE on 2024-08-06.