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 Suba Hotels Limited IPO allotment date?

The basis of allotment for Suba Hotels Limited IPO is scheduled to be finalized on 3 Oct 2025.

Where can I check Suba Hotels 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 4 Oct 2025.

IPO GreyPremiumLIVE

Grey Market Intelligence

Suba Hotels Limited

ListedSME

Emerging SME Services · NSE

Suba Hotels Limited, established in October 1997, is a domestic mid-market hotel chain with a strong presence across India. By July 2025, it was operating 88 hotels with 4,096 rooms in 50 cities, mainly in tier 2 and 3 locations, and had 40 more hotels in the pipeline with 1,831 rooms. The group serves different segments of the mid-market sector, including upscale, upper-midscale, midscale, and economy brands. Its portfolio includes five owned hotels, 19 managed hotels, 14 operating on revenue share or lease, and 48 franchised hotels. The company owns properties in cities such as Ahmedabad, Bhuj, Junagadh, Vadodara, and Pithampur.

Price Band

₹105 – ₹111

Issue Size

₹75.47 Cr

Lot Size

1200 shares

GMP

—

Est. Listing

₹111

at current GMP

Subscribed

15.40x

overall

Open

29 Sep 2025

1 Oct 2025

Allotment

3 Oct 2025

Refund

4 Oct 2025

Demat Credit

5 Oct 2025

Listing

7 Oct 2025

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Suba Hotels Limited Allotment Status

Designated Registrar: Bigshare Services Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

3 Oct 2025

Basis finalization

Refunds Initiate

4 Oct 2025

Mandate release

Demat Credit

5 Oct 2025

Shares in demat

Listing Debut

7 Oct 2025

Trading begins

About Suba Hotels Limited Public Issue & Market Profile

Suba Hotels Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹75.47 Crores. The shares are offered at a price band of ₹105 to ₹111 per equity share on NSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.

Public Issue & Allotment Procedure:

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.

Official Allotment Timelines & Registrar Guidance:

Following the close of bidding on 2025-10-01, the basis of allotment is scheduled to be finalized on 2025-10-03. 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 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.