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 Shanthala FMCG Products Limited IPO?

Shanthala FMCG Products Limited IPO has received a total subscription of 3.96 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Shanthala FMCG Products Limited

ListedSME

Emerging SME Services · NSE

Incorporated in 1996, Shamnthala FMCG is a distribution company that deals in branded packaged foods, personal care items, stationery, matches, agarbatti, and tobacco products from leading FMCG brands. The company focuses on offering good quality products at reasonable prices with timely delivery. In 2007, Shamnthala FMCG became an authorized distributor of ITC, which strengthened its presence in the market. The company also aims to provide a smooth and meaningful shopping experience to all its customers.

Price Band

₹91

Issue Size

₹16.07 Cr

Lot Size

1200 shares

GMP

—

Est. Listing

₹91

at current GMP

Subscribed

3.96x

overall

Open

27 Oct 2023

31 Oct 2023

Allotment

1 Nov 2023

Refund

2 Nov 2023

Demat Credit

3 Nov 2023

Listing

3 Nov 2023

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

3.96x

Total Demand

QIB Multiplier

0.00x

Institutions & Funds

NII / HNI

4.86x

High Net-Worth

Retail (RII)

3.05x

Individual Bidders

Category-Wise Subscription Breakup

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

Total 3.96x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
NIB	838,800	4,080,000	4.86x
RETAIL	838,800	2,558,400	3.05x
Total	1,677,600	6,638,400	3.96x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 3.12x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	515	1,571	3.05x
HNIs (10L +)	3	15	4.86x
HNIs (2-10L)	16	78	4.86x
Total Applications	534	1,664	3.12x

Day-Wise Subscription Progress

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

About Shanthala FMCG Products Limited Public Issue & Market Profile

Shanthala FMCG Products Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹16.07 Crores. The shares are offered at a price band of ₹91 to ₹91 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 2023-10-31, the basis of allotment is scheduled to be finalized on 2023-11-01. 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 Shanthala FMCG Products Limited IPO GMP today?

Currently, Shanthala FMCG Products 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 ₹91 to ₹91 per equity share.

What is the expected profit per lot for Shanthala FMCG Products Limited IPO?

The retail lot size is 1200 shares requiring a minimum application amount of ₹1,09,200. Expected listing price is ₹91 per equity share.

What is the issue size and price band for Shanthala FMCG Products Limited IPO?

The Shanthala FMCG Products Limited IPO aggregate issue size is ₹16.07 Crores with an equity price band set at ₹91 to ₹91 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,09,200.

How can I check Shanthala FMCG Products Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 3.96x (Retail: 3.05x, QIB: 0.00x, NII: 4.86x). You can track live multiples directly on our dedicated subscription page.

Where and when will Shanthala FMCG Products 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 2023-11-01. Investors can verify status using PAN card or application number.

When is the listing date for Shanthala FMCG Products Limited IPO?

Shanthala FMCG Products Limited shares are scheduled to list on NSE on 2023-11-03.