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 Share Samadhan Limited IPO allotment date?

The basis of allotment for Share Samadhan Limited IPO is scheduled to be finalized on 13 Sep 2024.

Where can I check Share Samadhan Limited IPO allotment status?

You can check your allotment status on the official registrar portal (Skyline Financial 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 14 Sep 2024.

Share Samadhan Limited

ListedSME

Financial Services · BSE

Share Samadhan Limited, previously known as Tiger Island Hospitality Private Limited, was founded in 2011. The company specializes in helping clients protect and recover their investments with financial and legal solutions. It operates through three key services: Investment Retrieval Services, which helps recover unclaimed dividends, lost shares, and other financial assets like mutual funds and insurance; Wealth Protection Services through Wealth Samadhan Pvt. Ltd., offering the Wealth Samadhan Card, a digital tool to secure and organize investment data; and Litigation Funding through Nyaya Mitra Limited, providing financial support for various legal cases. As of August 28, 2024, the company has a team of 48 professionals dedicated to safeguarding clients' financial interests.

Price Band

₹70 – ₹74

Issue Size

₹24.06 Cr

Lot Size

1600 shares

GMP

—

Est. Listing

₹74

at current GMP

Subscribed

14.66x

overall

Open

9 Sep 2024

11 Sep 2024

Allotment

13 Sep 2024

Refund

14 Sep 2024

Demat Credit

15 Sep 2024

Listing

16 Sep 2024

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Share Samadhan Limited Allotment Status

Designated Registrar: Skyline Financial Services Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

13 Sep 2024

Basis finalization

Refunds Initiate

14 Sep 2024

Mandate release

Demat Credit

15 Sep 2024

Shares in demat

Listing Debut

16 Sep 2024

Trading begins

How to Check Share Samadhan Limited IPO Allotment Status

Click the Check on Registrar button above to visit Skyline Financial Services Private Limited's allotment portal.
Select Share Samadhan 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 Share Samadhan Limited Public Issue & Market Profile

Share Samadhan Limited is bringing an initial public offering (IPO) in the Financial Services sector with an aggregate issue size of ₹24.06 Crores. The shares are offered at a price band of ₹70 to ₹74 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.

Public Issue & Allotment Procedure:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1600 shares (approx. ₹1,18,400 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 Skyline Financial Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-09-15, while un-allotted funds or UPI block mandates will be released on 2024-09-14.

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.