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 S A Tech Software India Limited IPO?

S A Tech Software India Limited IPO has received a total subscription of 621.49 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

S A Tech Software India Limited

ListedSME

Information Technology · NSE

Founded in 2012, S A Tech Software India Limited is the Indian arm of SA Technologies Inc, USA, specializing in IT consulting services. The company offers a wide range of solutions, including app development, cloud services, AI & machine learning, IoT solutions, and data analytics. With 356 employees as of September 30, 2023, they cater to Fortune 500 clients, helping businesses transform digitally, automate processes, and build high-quality software products through their Global Capability Centre (GCC). Their focus is on delivering innovative, tech-driven solutions to help clients create better products and services.

Price Band

₹56 – ₹59

Issue Size

₹23.01 Cr

Lot Size

2000 shares

GMP

₹80

+135.6%

Est. Listing

₹139

at current GMP

Subscribed

621.49x

overall

Open

26 Jul 2024

30 Jul 2024

Allotment

31 Jul 2024

Refund

1 Aug 2024

Demat Credit

2 Aug 2024

Listing

2 Aug 2024

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

621.49x

Total Demand

QIB Multiplier

201.29x

Institutions & Funds

NII / HNI

1179.61x

High Net-Worth

Retail (RII)

621.96x

Individual Bidders

Category-Wise Subscription Breakup

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

Total 621.49x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	724,000	145,734,000	201.29x
NIB	544,000	641,708,000	1179.61x
RETAIL	1,266,000	787,406,000	621.96x
Total	2,534,000	1,574,848,000	621.49x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 641.65x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	683	424,799	621.96x
HNIs (10L +)	4	4,718	1179.61x
HNIs (2-10L)	21	24,772	1179.61x
Total Applications	708	454,289	641.65x

Day-Wise Subscription Progress

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

About S A Tech Software India Limited Public Issue & Market Profile

S A Tech Software India Limited is bringing an initial public offering (IPO) in the Information Technology sector with an aggregate issue size of ₹23.01 Crores. The shares are offered at a price band of ₹56 to ₹59 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 2024-07-30, the basis of allotment is scheduled to be finalized on 2024-07-31. 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 S A Tech Software India Limited IPO GMP today?

The latest Grey Market Premium (GMP) for S A Tech Software India Limited IPO is ₹80 per equity share. Based on the upper price band of ₹56 to ₹59 per equity share, the estimated listing price is ₹139 (+135.6% expected listing gain).

What is the expected profit per lot for S A Tech Software India Limited IPO?

With a lot size of 2000 shares and current GMP of ₹80, the expected profit per application lot is approx ₹1,60,000 (+135.6% gain). Minimum application cost is approx ₹1,18,000.

What is the issue size and price band for S A Tech Software India Limited IPO?

The S A Tech Software India Limited IPO aggregate issue size is ₹23.01 Crores with an equity price band set at ₹56 to ₹59 per equity share. The retail lot size is 2000 shares requiring a minimum capital outlay of approx. ₹1,18,000.

How can I check S A Tech Software India Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 621.49x (Retail: 621.96x, QIB: 201.29x, NII: 1179.61x). You can track live multiples directly on our dedicated subscription page.

Where and when will S A Tech Software India 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 2024-07-31. Investors can verify status using PAN card or application number.

When is the listing date for S A Tech Software India Limited IPO?

S A Tech Software India Limited shares are scheduled to list on NSE on 2024-08-02.