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 Safa Systems & Technologies Limited IPO?

Safa Systems & Technologies Limited IPO has received a total subscription of 0.00 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Safa Systems & Technologies Limited

ListedSME

Information Technology · BSE

Safa Systems & Technologies, established in 2012, is a B2B distributor of consumer durables, including mobile phones, tablets, LED TVs, home appliances, wearable devices, and accessories for brands like Xiaomi, OPPO, TECNO, Micromax, and One Plus in Kerala. The company adheres to strict quality standards and is ISO 9001:2015 certified. As part of its expansion plans, Safa Systems & Technologies recently opened an office in Mumbai to strengthen its presence in other regions of India.

Price Band

₹10

Issue Size

₹4.00 Cr

Lot Size

10000 shares

GMP

—

Est. Listing

₹10

at current GMP

Subscribed

—

Open

28 Jan 2022

1 Feb 2022

Allotment

4 Feb 2022

Refund

5 Feb 2022

Demat Credit

6 Feb 2022

Listing

9 Feb 2022

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)	2,000,000	—	0.00x
Non-Institutional (NII / HNI)	600,000	—	0.00x
Retail Individual (RII)	1,400,000	—	0.00x
Total	4,000,000	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)	140	140	1.00x
HNIs (10L +)	1	1	1.00x
HNIs (2-10L)	4	4	1.00x
Total Applications	145	145	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 Safa Systems & Technologies Limited Public Issue & Market Profile

Safa Systems & Technologies Limited is bringing an initial public offering (IPO) in the Information Technology sector with an aggregate issue size of ₹4 Crores. The shares are offered at a price band of ₹10 to ₹10 per equity share on BSE. 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 10000 shares (approx. ₹1,00,000 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 Cameo Corporate Services Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2022-02-06, while un-allotted funds or UPI block mandates will be released on 2022-02-05.

Frequently Asked Questions

What is Safa Systems & Technologies Limited IPO GMP today?

Currently, Safa Systems & Technologies Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹10 to ₹10 per equity share.

What is the expected profit per lot for Safa Systems & Technologies Limited IPO?

The retail lot size is 10000 shares requiring a minimum application amount of ₹1,00,000. Expected listing price is ₹10 per equity share.

What is the issue size and price band for Safa Systems & Technologies Limited IPO?

The Safa Systems & Technologies Limited IPO aggregate issue size is ₹4 Crores with an equity price band set at ₹10 to ₹10 per equity share. The retail lot size is 10000 shares requiring a minimum capital outlay of approx. ₹1,00,000.

How can I check Safa Systems & Technologies 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 Safa Systems & Technologies Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Cameo Corporate Services Limited) and the BSE status verification website on or around 2022-02-04. Investors can verify status using PAN card or application number.

When is the listing date for Safa Systems & Technologies Limited IPO?

Safa Systems & Technologies Limited shares are scheduled to list on BSE on 2022-02-09.