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 Shivalic Power Control Limited IPO?

Shivalic Power Control Limited IPO has received a total subscription of 257.32 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Shivalic Power Control Limited

ListedSME

Electrical Equipment & Panels · NSE

Shivalic Power Control Limited, founded in 2004, specializes in manufacturing a wide range of electric panels, including PCC Panels, IMCC Panels, Smart Panels, MCC Panels, DG Synchronization Panels, Outdoor Panels, HT Panels up to 33KV, VFD Panels, Power Distribution Boards, Bus Duct, and LT & HT APFC Panels. Authorized by industry leaders like L&T, Siemens, Schneider Electric, and TDK, the company produces fully type-tested panels meeting IEC 61439 - 1&2, IEC 61641, and IS1893 standards. Serving over 15 industrial sectors, Shivalic Power Control exports its products to Nepal, Bangladesh, and African nations such as Uganda, Kenya, Nigeria, and Algeria. Its manufacturing facility adheres to global quality standards, holding ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications. As of December 31, 2023, the company employs 180 professionals.

Price Band

₹95 – ₹100

Issue Size

₹64.32 Cr

Lot Size

1200 shares

GMP

₹225

+225.0%

Est. Listing

₹325

at current GMP

Subscribed

257.32x

overall

Open

24 Jun 2024

26 Jun 2024

Allotment

27 Jun 2024

Refund

28 Jun 2024

Demat Credit

29 Jun 2024

Listing

1 Jul 2024

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

257.32x

Total Demand

QIB Multiplier

170.32x

Institutions & Funds

NII / HNI

436.74x

High Net-Worth

Retail (RII)

230.14x

Individual Bidders

Category-Wise Subscription Breakup

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

Total 257.32x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	1,219,200	207,651,600	170.32x
NIB	914,400	399,354,000	436.74x
RETAIL	2,133,600	491,034,000	230.14x
Total	4,267,200	1,098,039,600	257.32x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 237.47x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	1,876	431,743	230.14x
HNIs (10L +)	12	5,241	436.74x
HNIs (2-10L)	57	24,894	436.74x
Total Applications	1,945	461,878	237.47x

Day-Wise Subscription Progress

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

About Shivalic Power Control Limited Public Issue & Market Profile

Shivalic Power Control Limited is bringing an initial public offering (IPO) in the Electrical Equipment & Panels sector with an aggregate issue size of ₹64.32 Crores. The shares are offered at a price band of ₹95 to ₹100 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.

Bidding & Quota Instructions:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1200 shares (approx. ₹1,20,000 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.

Allotment Reconciliation Schedule:

Allotment reconciliation will be managed by Skyline Financial Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-06-29, while un-allotted funds or UPI block mandates will be released on 2024-06-28.

Frequently Asked Questions

What is Shivalic Power Control Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Shivalic Power Control Limited IPO is ₹225 per equity share. Based on the upper price band of ₹95 to ₹100 per equity share, the estimated listing price is ₹325 (+225.0% expected listing gain).

What is the expected profit per lot for Shivalic Power Control Limited IPO?

With a lot size of 1200 shares and current GMP of ₹225, the expected profit per application lot is approx ₹2,70,000 (+225.0% gain). Minimum application cost is approx ₹1,20,000.

What is the issue size and price band for Shivalic Power Control Limited IPO?

The Shivalic Power Control Limited IPO aggregate issue size is ₹64.32 Crores with an equity price band set at ₹95 to ₹100 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,20,000.

How can I check Shivalic Power Control Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 257.32x (Retail: 230.14x, QIB: 170.32x, NII: 436.74x). You can track live multiples directly on our dedicated subscription page.

Where and when will Shivalic Power Control Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Skyline Financial Services Private Limited) and the BSE status verification website on or around 2024-06-27. Investors can verify status using PAN card or application number.

When is the listing date for Shivalic Power Control Limited IPO?

Shivalic Power Control Limited shares are scheduled to list on NSE on 2024-07-01.