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 Shree Marutinandan Tubes Limited IPO?

Shree Marutinandan Tubes Limited IPO has received a total subscription of 0.00 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Shree Marutinandan Tubes Limited

ListedSME

Emerging SME Services · BSE

Incorporated in 2013, Shree Marutinandan Tubes Limited specializes in Galvanized Tubes, Electrical Resistance Welded Mild Steel Tubes (ERW MS) in sizes ranging from 15NB to 1000NB, as well as Black Tubes and Solar Structural Tubes, catering to sectors such as Agriculture, Oil, Solar Energy, Healthcare, Housing, Irrigation, and Engineering. While the company does not manufacture the products itself, it collaborates with Shree Kamdhenu Machinery Private Limited for contract manufacturing based on customer specifications. Its product portfolio also includes agricultural and industrial equipment such as potato harvesters, grading machines, hoppers, peanut destoners, tube winders, and rotavators. As of December 25, 2023, the company has 14 employees.

Price Band

₹143

Issue Size

₹14.30 Cr

Lot Size

1000 shares

GMP

₹17

+11.9%

Est. Listing

₹160

at current GMP

Subscribed

—

Open

12 Jan 2024

16 Jan 2024

Allotment

17 Jan 2024

Refund

18 Jan 2024

Demat Credit

19 Jan 2024

Listing

19 Jan 2024

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

0.00x

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 0.00x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
NIB	475,000	—	0.00x
RETAIL	475,000	—	0.00x
Total	950,000	0	0.00x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 1.00x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	350	350	1.00x
HNIs (10L +)	2	2	1.00x
HNIs (2-10L)	11	11	1.00x
Total Applications	363	363	1.00x

Day-Wise Subscription Progress

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

About Shree Marutinandan Tubes Limited Public Issue & Market Profile

Shree Marutinandan Tubes Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹14.3 Crores. The shares are offered at a price band of ₹143 to ₹143 per equity share on BSE. 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 2024-01-16, the basis of allotment is scheduled to be finalized on 2024-01-17. 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 Shree Marutinandan Tubes Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Shree Marutinandan Tubes Limited IPO is ₹17 per equity share. Based on the upper price band of ₹143 to ₹143 per equity share, the estimated listing price is ₹160 (+11.9% expected listing gain).

What is the expected profit per lot for Shree Marutinandan Tubes Limited IPO?

With a lot size of 1000 shares and current GMP of ₹17, the expected profit per application lot is approx ₹17,000 (+11.9% gain). Minimum application cost is approx ₹1,43,000.

What is the issue size and price band for Shree Marutinandan Tubes Limited IPO?

The Shree Marutinandan Tubes Limited IPO aggregate issue size is ₹14.3 Crores with an equity price band set at ₹143 to ₹143 per equity share. The retail lot size is 1000 shares requiring a minimum capital outlay of approx. ₹1,43,000.

How can I check Shree Marutinandan Tubes Limited IPO live subscription demand?

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

Where and when will Shree Marutinandan Tubes 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 2024-01-17. Investors can verify status using PAN card or application number.

When is the listing date for Shree Marutinandan Tubes Limited IPO?

Shree Marutinandan Tubes Limited shares are scheduled to list on BSE on 2024-01-19.