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 Suich Industries Limited IPO allotment date?

The basis of allotment for Suich Industries Limited IPO is scheduled to be finalized on 10 Jun 2019.

Where can I check Suich Industries Limited IPO allotment status?

You can check your allotment status on the official registrar portal (Link Intime India 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 11 Jun 2019.

IPO GreyPremiumLIVE

Grey Market Intelligence

Suich Industries Limited

ListedSME

Industrials / Materials · BSE

Suich Industries Limited, incorporated in 2008 and based in Delhi, is engaged in assembling and marketing feature and smart phones, batteries, chargers, power banks, LED TVs, and smart TVs under the Suich brand. The company imports equipment and assembly parts from China and assembles products at its Haridwar manufacturing unit in SIIDCUL. Recently, Suich Industries has entered the export business and is involved in trading finished products between manufacturers and distributors on demand. It operates a wholly owned subsidiary, Blue Wave Trading H.K. Ltd, to procure raw materials and has established an R&D center to expand its product portfolio.

Price Band

₹73 – ₹75

Issue Size

₹31.00 Cr

Lot Size

1600 shares

GMP

—

Est. Listing

₹75

at current GMP

Subscribed

—

Open

30 May 2019

4 Jun 2019

Allotment

10 Jun 2019

Refund

11 Jun 2019

Demat Credit

12 Jun 2019

Listing

13 Jun 2019

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Suich Industries Limited Allotment Status

Designated Registrar: Link Intime India Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

10 Jun 2019

Basis finalization

Refunds Initiate

11 Jun 2019

Mandate release

Demat Credit

12 Jun 2019

Shares in demat

Listing Debut

13 Jun 2019

Trading begins

About Suich Industries Limited Public Issue & Market Profile

Suich Industries Limited is bringing an initial public offering (IPO) in the Industrials / Materials sector with an aggregate issue size of ₹31 Crores. The shares are offered at a price band of ₹73 to ₹75 per equity share on BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.

Public Issue & Allotment Procedure:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1600 shares (approx. ₹1,20,000 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 Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2019-06-12, while un-allotted funds or UPI block mandates will be released on 2019-06-11.

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.