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 Shera Energy Limited IPO?

Shera Energy Limited IPO has received a total subscription of 47.36 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Shera Energy Limited

ListedSME

Renewable Energy & Power · NSE

Incorporated in 2009, Shera Energy Limited is engaged in the manufacturing of winding wires and strips made from non-ferrous metals, primarily copper and aluminium, along with processing wire rods, wires, and tubes of copper and brass. The company specializes in customized products tailored to customer requirements, including paper-covered wires, enamel and fiber-covered wires, round and rectangular wires, bunched wires, tubes, rods, and strips. Shera Energy is ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certified, and has received Vendor Approval Validation from Power Grid Corporation of India. All products are tested and certified by the National Test House and Electrical Research and Development Association to ensure high quality standards.

Price Band

₹55 – ₹57

Issue Size

₹35.20 Cr

Lot Size

2000 shares

GMP

₹11.5

+20.2%

Est. Listing

₹68.5

at current GMP

Subscribed

47.36x

overall

Open

7 Feb 2023

9 Feb 2023

Allotment

15 Feb 2023

Refund

16 Feb 2023

Demat Credit

17 Feb 2023

Listing

17 Feb 2023

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

47.36x

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 47.36x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
Qualified Institutional (QIB)	3,087,719	—	0.00x
Non-Institutional (NII / HNI)	926,316	—	0.00x
Retail Individual (RII)	2,161,404	—	0.00x
Total	6,175,439	0	47.36x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 47.36x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	1,081	51,196	47.36x
HNIs (10L +)	7	332	47.43x
HNIs (2-10L)	33	1,563	47.36x
Total Applications	1,121	53,091	47.36x

Day-Wise Subscription Progress

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

About Shera Energy Limited Public Issue & Market Profile

Shera Energy Limited is bringing an initial public offering (IPO) in the Renewable Energy & Power sector with an aggregate issue size of ₹35.2 Crores. The shares are offered at a price band of ₹55 to ₹57 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.

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 2023-02-09, the basis of allotment is scheduled to be finalized on 2023-02-15. 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 Shera Energy Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Shera Energy Limited IPO is ₹11.5 per equity share. Based on the upper price band of ₹55 to ₹57 per equity share, the estimated listing price is ₹68.5 (+20.2% expected listing gain).

What is the expected profit per lot for Shera Energy Limited IPO?

With a lot size of 2000 shares and current GMP of ₹11.5, the expected profit per application lot is approx ₹23,000 (+20.2% gain). Minimum application cost is approx ₹1,14,000.

What is the issue size and price band for Shera Energy Limited IPO?

The Shera Energy Limited IPO aggregate issue size is ₹35.2 Crores with an equity price band set at ₹55 to ₹57 per equity share. The retail lot size is 2000 shares requiring a minimum capital outlay of approx. ₹1,14,000.

How can I check Shera Energy Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 47.36x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.

Where and when will Shera Energy 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 2023-02-15. Investors can verify status using PAN card or application number.

When is the listing date for Shera Energy Limited IPO?

Shera Energy Limited shares are scheduled to list on NSE on 2023-02-17.