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 Sunita Tools Limited IPO?

Sunita Tools Limited IPO has received a total subscription of 13.30 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Sunita Tools Limited

ListedSME

Emerging SME Services · BSE

Incorporated in 1988, Sunita Tools Limited manufactures customized mold bases and precision machining parts used across automotive, pharmaceutical, electronics, consumer goods, and manufacturing sectors. The company’s product range includes CNC machining, injection mould bases, blow mould bases, die casting mould bases, prototype mould bases, and other specialized mould components that serve as capital assets for multiple industries. Sunita Tools operates a manufacturing unit in Vasai, Mumbai, capable of producing large-dimension products up to 4000×2000 mm and 30 tonnes. The company has shown consistent growth, with revenue from operations rising from ₹666.36 lakhs in FY21 to ₹873.47 lakhs in FY22 and further to ₹1,384.44 lakhs in FY23.

Price Band

₹145

Issue Size

₹22.04 Cr

Lot Size

1000 shares

GMP

₹20

+13.8%

Est. Listing

₹165

at current GMP

Subscribed

13.30x

overall

Open

26 Sep 2023

3 Oct 2023

Allotment

6 Oct 2023

Refund

7 Oct 2023

Demat Credit

8 Oct 2023

Listing

11 Oct 2023

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

13.30x

Total Demand

QIB Multiplier

0.00x

Institutions & Funds

NII / HNI

5.49x

High Net-Worth

Retail (RII)

21.10x

Individual Bidders

Category-Wise Subscription Breakup

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

Total 13.30x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
NIB	721,000	3,961,000	5.49x
RETAIL	721,000	15,211,000	21.10x
Total	1,442,000	19,172,000	13.30x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 20.56x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	532	11,225	21.10x
HNIs (10L +)	3	16	5.49x
HNIs (2-10L)	16	88	5.49x
Total Applications	551	11,329	20.56x

Day-Wise Subscription Progress

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

About Sunita Tools Limited Public Issue & Market Profile

Sunita Tools Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹22.04 Crores. The shares are offered at a price band of ₹145 to ₹145 per equity share on BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.

Bidding & Quota Instructions:

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.

Allotment Reconciliation Schedule:

Following the close of bidding on 2023-10-03, the basis of allotment is scheduled to be finalized on 2023-10-06. 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 (Kfin Technologies Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is Sunita Tools Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Sunita Tools Limited IPO is ₹20 per equity share. Based on the upper price band of ₹145 to ₹145 per equity share, the estimated listing price is ₹165 (+13.8% expected listing gain).

What is the expected profit per lot for Sunita Tools Limited IPO?

With a lot size of 1000 shares and current GMP of ₹20, the expected profit per application lot is approx ₹20,000 (+13.8% gain). Minimum application cost is approx ₹1,45,000.

What is the issue size and price band for Sunita Tools Limited IPO?

The Sunita Tools Limited IPO aggregate issue size is ₹22.04 Crores with an equity price band set at ₹145 to ₹145 per equity share. The retail lot size is 1000 shares requiring a minimum capital outlay of approx. ₹1,45,000.

How can I check Sunita Tools Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 13.30x (Retail: 21.10x, QIB: 0.00x, NII: 5.49x). You can track live multiples directly on our dedicated subscription page.

Where and when will Sunita Tools 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 2023-10-06. Investors can verify status using PAN card or application number.

When is the listing date for Sunita Tools Limited IPO?

Sunita Tools Limited shares are scheduled to list on BSE on 2023-10-11.