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 J Logistics (India) Limited IPO?

S J Logistics (India) Limited IPO has received a total subscription of 0.00 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

S J Logistics (India) Limited

ListedSME

Emerging SME Services · NSE

Incorporated in December 2003, S J Logistics (India) Limited provides integrated logistics and supply chain solutions. The company offers freight forwarding, customs clearance, transportation handling, and related services. In FY23, S J Logistics processed around 3,100 bills of lading to destinations across Africa, South America, Australia, Europe, the Gulf, Southeast Asia, Russia, and the United States. The company has also built collaborative partnerships in countries like Brazil, Chile, Peru, the U.S., Hong Kong, Vietnam, China, and Taiwan to support global movement of goods. S J Logistics operates through two subsidiaries — SJA Logisol India Private Limited and S. J. L. Group (Singapore) Pte. Ltd.

Price Band

₹121 – ₹125

Issue Size

₹48.00 Cr

Lot Size

1000 shares

GMP

₹108

+86.4%

Est. Listing

₹233

at current GMP

Subscribed

—

Open

12 Dec 2023

14 Dec 2023

Allotment

16 Dec 2023

Refund

17 Dec 2023

Demat Credit

18 Dec 2023

Listing

19 Dec 2023

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

0.00x

Total Demand

QIB Multiplier

0.00x

Institutions & Funds

NII / HNI

0.00x

High Net-Worth

Retail (RII)

0.00x

Individual Bidders

Category-Wise Subscription Breakup

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

Total 0.00x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
Qualified Institutional (QIB)	1,920,000	—	0.00x
Non-Institutional (NII / HNI)	576,000	—	0.00x
Retail Individual (RII)	1,344,000	—	0.00x
Total	3,840,000	0	0.00x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 1.00x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	1,344	1,344	1.00x
HNIs (10L +)	9	9	1.00x
HNIs (2-10L)	41	41	1.00x
Total Applications	1,394	1,394	1.00x

Day-Wise Subscription Progress

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

About S J Logistics (India) Limited Public Issue & Market Profile

S J Logistics (India) Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹48 Crores. The shares are offered at a price band of ₹121 to ₹125 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.

Bidding & Quota Instructions:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1000 shares (approx. ₹1,25,000 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 Maashitla Securities Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-12-18, while un-allotted funds or UPI block mandates will be released on 2023-12-17.

Frequently Asked Questions

What is S J Logistics (India) Limited IPO GMP today?

The latest Grey Market Premium (GMP) for S J Logistics (India) Limited IPO is ₹108 per equity share. Based on the upper price band of ₹121 to ₹125 per equity share, the estimated listing price is ₹233 (+86.4% expected listing gain).

What is the expected profit per lot for S J Logistics (India) Limited IPO?

With a lot size of 1000 shares and current GMP of ₹108, the expected profit per application lot is approx ₹1,08,000 (+86.4% gain). Minimum application cost is approx ₹1,25,000.

What is the issue size and price band for S J Logistics (India) Limited IPO?

The S J Logistics (India) Limited IPO aggregate issue size is ₹48 Crores with an equity price band set at ₹121 to ₹125 per equity share. The retail lot size is 1000 shares requiring a minimum capital outlay of approx. ₹1,25,000.

How can I check S J Logistics (India) Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.00x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.

Where and when will S J Logistics (India) Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Maashitla Securities Private Limited) and the BSE status verification website on or around 2023-12-16. Investors can verify status using PAN card or application number.

When is the listing date for S J Logistics (India) Limited IPO?

S J Logistics (India) Limited shares are scheduled to list on NSE on 2023-12-19.