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.

When is the Sansera Engineering Limited IPO allotment date?

The basis of allotment for Sansera Engineering Limited IPO is scheduled to be finalized on 21 Sep 2021.

Where can I check Sansera Engineering Limited IPO allotment status?

You can check your allotment status on the official registrar portal (Link Intime India Private Limited) or on the BSE India website using your PAN card number or application number.

When will unallotted IPO application funds be unblocked?

Refund initiation and UPI mandate revocation for unallotted applications starts on or around 22 Sep 2021.

IPO GreyPremiumLIVE

Grey Market Intelligence

Sansera Engineering Limited

ListedMainboard

Industrials / Manufacturing · NSE / BSE

Incorporated in 1981, Sansera manufactures precision-engineered components for both automotive and non-automotive sectors. It supplies forged and machined parts critical for two-wheelers, passenger vehicles, and commercial vehicles, while also catering to aerospace, off-road, agriculture, and other industries. In FY’21, 88.45% of its revenue came from the automotive sector and 11.45% from non-automotive, with around 65% of sales from India and 35% from international markets. Sansera is a major global supplier of connecting rods and operates 15 manufacturing plants across India, including 9 in Bangalore.

Price Band

₹734 – ₹744

Issue Size

₹1283 Cr

Lot Size

20 shares

GMP

₹60

+8.1%

Est. Listing

₹804

at current GMP

Subscribed

—

Open

14 Sep 2021

16 Sep 2021

Allotment

21 Sep 2021

Refund

22 Sep 2021

Demat Credit

23 Sep 2021

Listing

24 Sep 2021

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Sansera Engineering Limited Allotment Status

Designated Registrar: Link Intime India Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

21 Sep 2021

Basis finalization

Refunds Initiate

22 Sep 2021

Mandate release

Demat Credit

23 Sep 2021

Shares in demat

Listing Debut

24 Sep 2021

Trading begins

About Sansera Engineering Limited Public Issue & Market Profile

Sansera Engineering Limited is bringing an initial public offering (IPO) in the Industrials / Manufacturing sector with an aggregate issue size of ₹1,283 Crores. The shares are offered at a price band of ₹734 to ₹744 per equity share on NSE and BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.

Public Issue & Allotment Procedure:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 20 shares (approx. ₹14,880 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.

Official Allotment Timelines & Registrar Guidance:

Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2021-09-23, while un-allotted funds or UPI block mandates will be released on 2021-09-22.

Frequently Asked Questions

What if my name is not showing on the registrar portal?

Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.

How will I receive the refund if I don't get allotment?

Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.