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 Rappid Valves (India) Limited IPO?

Rappid Valves (India) Limited IPO has received a total subscription of 176.14 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Rappid Valves (India) Limited

ListedSME

Capital Goods / Industrial Engineering · NSE

Incorporated in 2002, Rappid Valves (India) Limited manufactures a wide range of valve solutions such as ball, gate, globe, butterfly, check, double block, filter, and marine valves made from both ferrous and non-ferrous materials in sizes from 15mm to 600mm, catering to multiple industries. The company operates an advanced manufacturing unit equipped with CNC machines, VMCs, test benches, EOT cranes, and other modern machinery, and holds ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications, ensuring strong quality and safety practices. Backed by experienced leadership, continuous manufacturing upgrades, and expertise in marine sector solutions, Rappid Valves is expanding its market reach through sales offices in Dahej, Ahmedabad, Pune, and Noida, and as of June 30, 2024, employs 47 people at its manufacturing plant and registered office.

Price Band

₹210 – ₹222

Issue Size

₹30.41 Cr

Lot Size

600 shares

GMP

₹100

+45.0%

Est. Listing

₹322

at current GMP

Subscribed

176.14x

overall

Open

23 Sep 2024

25 Sep 2024

Allotment

26 Sep 2024

Refund

27 Sep 2024

Demat Credit

28 Sep 2024

Listing

30 Sep 2024

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

176.14x

Total Demand

QIB Multiplier

55.97x

Institutions & Funds

NII / HNI

491.85x

High Net-Worth

Retail (RII)

109.09x

Individual Bidders

Category-Wise Subscription Breakup

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

Total 176.14x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	259,800	14,542,200	55.97x
NIB	195,600	96,205,200	491.85x
RETAIL	455,400	49,680,600	109.09x
Total	910,800	160,428,000	176.14x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 122.50x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	799	87,163	109.09x
HNIs (10L +)	5	2,459	491.85x
HNIs (2-10L)	24	11,804	491.85x
Total Applications	828	101,426	122.50x

Day-Wise Subscription Progress

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

About Rappid Valves (India) Limited Public Issue & Market Profile

Rappid Valves (India) Limited is bringing an initial public offering (IPO) in the Capital Goods / Industrial Engineering sector with an aggregate issue size of ₹30.41 Crores. The shares are offered at a price band of ₹210 to ₹222 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.

Bidding & Quota Instructions:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 600 shares (approx. ₹1,33,200 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.

Allotment Reconciliation Schedule:

Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-09-28, while un-allotted funds or UPI block mandates will be released on 2024-09-27.

Frequently Asked Questions

What is Rappid Valves (India) Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Rappid Valves (India) Limited IPO is ₹100 per equity share. Based on the upper price band of ₹210 to ₹222 per equity share, the estimated listing price is ₹322 (+45.0% expected listing gain).

What is the expected profit per lot for Rappid Valves (India) Limited IPO?

With a lot size of 600 shares and current GMP of ₹100, the expected profit per application lot is approx ₹60,000 (+45.0% gain). Minimum application cost is approx ₹1,33,200.

What is the issue size and price band for Rappid Valves (India) Limited IPO?

The Rappid Valves (India) Limited IPO aggregate issue size is ₹30.41 Crores with an equity price band set at ₹210 to ₹222 per equity share. The retail lot size is 600 shares requiring a minimum capital outlay of approx. ₹1,33,200.

How can I check Rappid Valves (India) Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 176.14x (Retail: 109.09x, QIB: 55.97x, NII: 491.85x). You can track live multiples directly on our dedicated subscription page.

Where and when will Rappid Valves (India) Limited 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 2024-09-26. Investors can verify status using PAN card or application number.

When is the listing date for Rappid Valves (India) Limited IPO?

Rappid Valves (India) Limited shares are scheduled to list on NSE on 2024-09-30.