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 Srivari Spices and Foods Limited IPO?

Srivari Spices and Foods Limited IPO has received a total subscription of 450.10 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Srivari Spices and Foods Limited

ListedSME

Emerging SME Services · NSE

Srivari Spices and Foods Limited specializes in manufacturing spices and flour (chakki atta) while also handling the marketing and sales of its products. Operating mainly in Telangana and Andhra Pradesh, the company sources raw materials from different parts of India and processes them with great care, ensuring no artificial preservatives or chemicals are used. This commitment to quality results in organic spices and flour that retain the freshness and natural goodness of each ingredient. Srivari Spices and Foods follows two business models for selling its products: Direct-to-Customer (D2C) and Business-to-Business (B2B), ensuring a wide market reach.

Price Band

₹40 – ₹42

Issue Size

₹9.00 Cr

Lot Size

3000 shares

GMP

₹27

+64.3%

Est. Listing

₹69

at current GMP

Subscribed

450.10x

overall

Open

7 Aug 2023

9 Aug 2023

Allotment

14 Aug 2023

Refund

15 Aug 2023

Demat Credit

16 Aug 2023

Listing

18 Aug 2023

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

450.10x

Total Demand

QIB Multiplier

79.10x

Institutions & Funds

NII / HNI

786.46x

High Net-Worth

Retail (RII)

517.95x

Individual Bidders

Category-Wise Subscription Breakup

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

Total 450.10x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	408,000	32,271,000	79.10x
NIB	306,000	240,657,000	786.46x
RETAIL	714,000	369,819,000	517.95x
Total	1,428,000	642,747,000	450.10x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 528.28x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	250	129,488	517.95x
HNIs (10L +)	2	1,573	786.46x
HNIs (2-10L)	8	6,292	786.46x
Total Applications	260	137,353	528.28x

Day-Wise Subscription Progress

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

About Srivari Spices and Foods Limited Public Issue & Market Profile

Srivari Spices and Foods Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹9 Crores. The shares are offered at a price band of ₹40 to ₹42 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 3000 shares (approx. ₹1,26,000 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 Bigshare Services Pvt Ltd. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-08-16, while un-allotted funds or UPI block mandates will be released on 2023-08-15.

Frequently Asked Questions

What is Srivari Spices and Foods Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Srivari Spices and Foods Limited IPO is ₹27 per equity share. Based on the upper price band of ₹40 to ₹42 per equity share, the estimated listing price is ₹69 (+64.3% expected listing gain).

What is the expected profit per lot for Srivari Spices and Foods Limited IPO?

With a lot size of 3000 shares and current GMP of ₹27, the expected profit per application lot is approx ₹81,000 (+64.3% gain). Minimum application cost is approx ₹1,26,000.

What is the issue size and price band for Srivari Spices and Foods Limited IPO?

The Srivari Spices and Foods Limited IPO aggregate issue size is ₹9 Crores with an equity price band set at ₹40 to ₹42 per equity share. The retail lot size is 3000 shares requiring a minimum capital outlay of approx. ₹1,26,000.

How can I check Srivari Spices and Foods Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 450.10x (Retail: 517.95x, QIB: 79.10x, NII: 786.46x). You can track live multiples directly on our dedicated subscription page.

Where and when will Srivari Spices and Foods Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Bigshare Services Pvt Ltd) and the BSE status verification website on or around 2023-08-14. Investors can verify status using PAN card or application number.

When is the listing date for Srivari Spices and Foods Limited IPO?

Srivari Spices and Foods Limited shares are scheduled to list on NSE on 2023-08-18.