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 SPP Polimers Limited IPO?

SPP Polimers Limited IPO has received a total subscription of 41.17 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

SPP Polimers Limited

ListedSME

Emerging SME Services · NSE

SPP Polymers Limited, formerly known as SPP Food Products Private Limited, is a trusted manufacturer based in Rudrapur City, Uttarakhand, established in 2004. The company specializes in producing HDPE/PP woven and non-woven fabrics, bags, and multifilament yarn. The product range includes HDPE/PP woven fabric, HDPE/PP woven bags, non-woven fabric, non-woven bags, and multifilament PP yarn. With an annual production capacity of 12000 MT for woven fabric and bags, 4000 MT for non-woven fabric, and 300 MT for multifilament yarn, SPP Polymers serves industries like agro-pesticides, cement, chemicals, fertilizers, food products, textiles, ceramics, and steel. The company holds ISO 9001:2015, ISO 45001:2018, ISO 14001:2015, and SA 8000:2014 certifications, reflecting its commitment to quality, safety, and environmental standards. As of December 31, 2024, SPP Polymers operates with a dedicated team of 4 employees, delivering customized solutions to meet client needs.

Price Band

₹59

Issue Size

₹24.49 Cr

Lot Size

2000 shares

GMP

₹15

+25.4%

Est. Listing

₹74

at current GMP

Subscribed

41.17x

overall

Open

10 Sep 2024

12 Sep 2024

Allotment

13 Sep 2024

Refund

14 Sep 2024

Demat Credit

15 Sep 2024

Listing

17 Sep 2024

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

41.17x

Total Demand

QIB Multiplier

0.00x

Institutions & Funds

NII / HNI

22.46x

High Net-Worth

Retail (RII)

59.87x

Individual Bidders

Category-Wise Subscription Breakup

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

Total 41.17x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
NIB	1,970,000	44,246,000	22.46x
RETAIL	1,970,000	117,950,000	59.87x
Total	3,940,000	162,196,000	41.17x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 58.53x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	726	43,466	59.87x
HNIs (10L +)	5	112	22.46x
HNIs (2-10L)	22	494	22.46x
Total Applications	753	44,072	58.53x

Day-Wise Subscription Progress

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

About SPP Polimers Limited Public Issue & Market Profile

SPP Polimers Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹24.49 Crores. The shares are offered at a price band of ₹59 to ₹59 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.

Bidding & Quota Instructions:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 2000 shares (approx. ₹1,18,000 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 Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-09-15, while un-allotted funds or UPI block mandates will be released on 2024-09-14.

Frequently Asked Questions

What is SPP Polimers Limited IPO GMP today?

The latest Grey Market Premium (GMP) for SPP Polimers Limited IPO is ₹15 per equity share. Based on the upper price band of ₹59 to ₹59 per equity share, the estimated listing price is ₹74 (+25.4% expected listing gain).

What is the expected profit per lot for SPP Polimers Limited IPO?

With a lot size of 2000 shares and current GMP of ₹15, the expected profit per application lot is approx ₹30,000 (+25.4% gain). Minimum application cost is approx ₹1,18,000.

What is the issue size and price band for SPP Polimers Limited IPO?

The SPP Polimers Limited IPO aggregate issue size is ₹24.49 Crores with an equity price band set at ₹59 to ₹59 per equity share. The retail lot size is 2000 shares requiring a minimum capital outlay of approx. ₹1,18,000.

How can I check SPP Polimers Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 41.17x (Retail: 59.87x, QIB: 0.00x, NII: 22.46x). You can track live multiples directly on our dedicated subscription page.

Where and when will SPP Polimers Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2024-09-13. Investors can verify status using PAN card or application number.

When is the listing date for SPP Polimers Limited IPO?

SPP Polimers Limited shares are scheduled to list on NSE on 2024-09-17.