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 SecMark Consultancy Limited IPO allotment date?

The basis of allotment for SecMark Consultancy Limited IPO is scheduled to be finalized on 29 Sep 2020.

Where can I check SecMark Consultancy Limited IPO allotment status?

You can check your allotment status on the official registrar portal (Bigshare Services 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 30 Sep 2020.

SecMark Consultancy Limited

ListedSME

Emerging SME Services · BSE

SecMark Consultancy Ltd, established in 2011 and headquartered in Mumbai, is a financial services firm offering end-to-end solutions covering business setup, regulatory registrations, software development, compliance management, outsourcing, risk advisory, taxation, and legal services. During FY 2019–20, the company served more than 200 clients across the financial ecosystem, including stock and commodity brokers, depository participants, investment advisors, research analysts, wealth managers, stock exchanges, insurance intermediaries, banks, and NBFCs, with notable clients such as Angel One, 5paisa Capital, BSE Limited, ICICI Securities, TCS, and Zerodha Investment Advisors. SecMark has built a strong pan-India presence through local representatives in major cities including New Delhi, Ahmedabad, Indore, Jaipur, Chandigarh, Bengaluru, Raipur, and several others.

Price Band

₹135

Issue Size

₹15.04 Cr

Lot Size

1000 shares

GMP

—

Est. Listing

₹135

at current GMP

Subscribed

—

Open

18 Sep 2020

23 Sep 2020

Allotment

29 Sep 2020

Refund

30 Sep 2020

Demat Credit

1 Oct 2020

Listing

1 Oct 2020

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

SecMark Consultancy Limited Allotment Status

Designated Registrar: Bigshare Services Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

29 Sep 2020

Basis finalization

Refunds Initiate

30 Sep 2020

Mandate release

Demat Credit

1 Oct 2020

Shares in demat

Listing Debut

1 Oct 2020

Trading begins

How to Check SecMark Consultancy Limited IPO Allotment Status

Click the Check on Registrar button above to visit Bigshare Services Private Limited's allotment portal.
Select SecMark Consultancy Limited from the dropdown company list.
Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
Enter your details accurately and solve the Captcha code.
Click Submit / Search to view the number of shares applied and allotted to you.

About SecMark Consultancy Limited Public Issue & Market Profile

SecMark Consultancy Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹15.04 Crores. The shares are offered at a price band of ₹135 to ₹135 per equity share on BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.

Public Issue & Allotment Procedure:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1000 shares (approx. ₹1,35,000 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.

Official Allotment Timelines & Registrar Guidance:

Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2020-10-01, while un-allotted funds or UPI block mandates will be released on 2020-09-30.

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.