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 Shiv Texchem Limited IPO?

Shiv Texchem Limited IPO has received a total subscription of 156.63 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Shiv Texchem Limited

ListedSME

Emerging SME Services · BSE

Shiv Texchem Limited, founded in 2005, is a trusted importer and distributor of essential chemicals used in various industries. The company supplies key raw materials like Acetyls, Alcohol, Aromatics, and more, catering to sectors such as paints, coatings, printing inks, agrochemicals, pharmaceuticals, and specialty polymers. It sources chemicals from global suppliers across China, Taiwan, South Korea, the USA, and Europe, ensuring smooth and timely delivery to Indian manufacturers. Some of its well-known customers include Apcotex Industries, Hemani Industries, and Gujarat Fluorochemicals. Over the past three years, Shiv Texchem has grown significantly, expanding its product range from 21 to 39 and its customer base from 400 to over 650. As of March 31, 2024, the company has a dedicated team of 50 permanent employees

Price Band

₹158 – ₹166

Issue Size

₹101 Cr

Lot Size

800 shares

GMP

₹65

+39.2%

Est. Listing

₹231

at current GMP

Subscribed

156.63x

overall

Open

8 Oct 2024

10 Oct 2024

Allotment

11 Oct 2024

Refund

12 Oct 2024

Demat Credit

13 Oct 2024

Listing

15 Oct 2024

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

156.63x

Total Demand

QIB Multiplier

86.70x

Institutions & Funds

NII / HNI

455.93x

High Net-Worth

Retail (RII)

68.27x

Individual Bidders

Category-Wise Subscription Breakup

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

Total 156.63x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	1,160,000	100,576,800	86.70x
NIB	870,400	396,842,400	455.93x
RETAIL	2,030,400	138,616,800	68.27x
Total	4,060,800	636,036,000	156.63x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 82.12x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	2,671	182,349	68.27x
HNIs (10L +)	17	7,751	455.93x
HNIs (2-10L)	82	37,386	455.93x
Total Applications	2,770	227,486	82.12x

Day-Wise Subscription Progress

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

About Shiv Texchem Limited Public Issue & Market Profile

Shiv Texchem Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹101.35 Crores. The shares are offered at a price band of ₹158 to ₹166 per equity share on BSE. 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 2024-10-10, the basis of allotment is scheduled to be finalized on 2024-10-11. 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 (Link Intime India Private Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is Shiv Texchem Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Shiv Texchem Limited IPO is ₹65 per equity share. Based on the upper price band of ₹158 to ₹166 per equity share, the estimated listing price is ₹231 (+39.2% expected listing gain).

What is the expected profit per lot for Shiv Texchem Limited IPO?

With a lot size of 800 shares and current GMP of ₹65, the expected profit per application lot is approx ₹52,000 (+39.2% gain). Minimum application cost is approx ₹1,32,800.

What is the issue size and price band for Shiv Texchem Limited IPO?

The Shiv Texchem Limited IPO aggregate issue size is ₹101.35 Crores with an equity price band set at ₹158 to ₹166 per equity share. The retail lot size is 800 shares requiring a minimum capital outlay of approx. ₹1,32,800.

How can I check Shiv Texchem Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 156.63x (Retail: 68.27x, QIB: 86.70x, NII: 455.93x). You can track live multiples directly on our dedicated subscription page.

Where and when will Shiv Texchem Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2024-10-11. Investors can verify status using PAN card or application number.

When is the listing date for Shiv Texchem Limited IPO?

Shiv Texchem Limited shares are scheduled to list on BSE on 2024-10-15.