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 SM Auto Stamping Limited IPO allotment date?

The basis of allotment for SM Auto Stamping Limited IPO is scheduled to be finalized on 12 Mar 2020.

Where can I check SM Auto Stamping Limited IPO allotment status?

You can check your allotment status on the official registrar portal (Bigshare 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 13 Mar 2020.

IPO GreyPremiumLIVE

Grey Market Intelligence

SM Auto Stamping Limited

ListedSME

Industrials / Capital Goods · BSE

SM Auto Stamping Ltd, incorporated in 2006 and headquartered in Nashik, is engaged in manufacturing precision sheet metal stamping and deep-drawn components for the automobile and engineering sectors. The company produces welded assemblies, press tools, and customized solutions, with expertise in complex sheet metal designs, high-quality stamping dies, welding fixtures, and large-sized components. It supplies to TS 16949 certified customers, reflecting adherence to strict industry standards. SM Auto Stamping operates three manufacturing facilities in Nashik, Mumbai, and Pune with a combined annual capacity of about 6 million components and employs around 350 people, including direct and indirect staff, while its product portfolio covers automotive parts such as clutches, propeller shaft drives, brake systems, and body trims.

Price Band

₹18

Issue Size

₹6.91 Cr

Lot Size

8000 shares

GMP

—

Est. Listing

₹18

at current GMP

Subscribed

—

Open

3 Mar 2020

5 Mar 2020

Allotment

12 Mar 2020

Refund

13 Mar 2020

Demat Credit

14 Mar 2020

Listing

16 Mar 2020

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

SM Auto Stamping Limited Allotment Status

Designated Registrar: Bigshare Services Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

12 Mar 2020

Basis finalization

Refunds Initiate

13 Mar 2020

Mandate release

Demat Credit

14 Mar 2020

Shares in demat

Listing Debut

16 Mar 2020

Trading begins

About SM Auto Stamping Limited Public Issue & Market Profile

SM Auto Stamping Limited is bringing an initial public offering (IPO) in the Industrials / Capital Goods sector with an aggregate issue size of ₹6.91 Crores. The shares are offered at a price band of ₹18 to ₹18 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 8000 shares (approx. ₹1,44,000 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.

Official Allotment Timelines & Registrar Guidance:

Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2020-03-14, while un-allotted funds or UPI block mandates will be released on 2020-03-13.

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.