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 Suryoday Small Finance Bank Limited IPO?

Suryoday Small Finance Bank Limited IPO has received a total subscription of 0.00 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Suryoday Small Finance Bank Limited

ListedMainboard

Financial Services · NSE / BSE

Incorporated in 2008, Suryoday Small Finance Bank Ltd is a leading Small Finance Bank in India, serving primarily unbanked and underbanked customers. The company commenced its SFB operations in 2017, having previously operated as an NBFC. As of July 31, 2020, it had 482 banking outlets and a customer base of 1.43 million, operating mainly in urban and semi-urban areas. The bank offers a range of credit products including MFI loans, Vikas Loans, and Shopkeeper Loans, along with digital banking, NPCI payment systems, and mobile banking solutions. It focuses on innovative banking practices to serve underserved segments and maintains a diversified asset portfolio with an emphasis on retail operations.

Price Band

₹305

Issue Size

₹582 Cr

Lot Size

49 shares

GMP

₹10

-3.3%

Est. Listing

₹295

at current GMP

Subscribed

—

Open

17 Mar 2021

19 Mar 2021

Allotment

24 Mar 2021

Refund

25 Mar 2021

Demat Credit

26 Mar 2021

Listing

26 Mar 2021

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

0.00x

Total Demand

QIB Multiplier

0.00x

Institutions & Funds

NII / HNI

0.00x

High Net-Worth

Retail (RII)

0.00x

Individual Bidders

Category-Wise Subscription Breakup

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

Total 0.00x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
Qualified Institutional (QIB)	9,540,984	—	0.00x
Non-Institutional (NII / HNI)	2,862,295	—	0.00x
Retail Individual (RII)	6,678,689	—	0.00x
Total	19,081,968	0	0.00x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 1.00x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	136,300	136,300	1.00x
HNIs (10L +)	872	872	1.00x
HNIs (2-10L)	4,172	4,172	1.00x
Total Applications	141,344	141,344	1.00x

Day-Wise Subscription Progress

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

About Suryoday Small Finance Bank Limited Public Issue & Market Profile

Suryoday Small Finance Bank Limited is bringing an initial public offering (IPO) in the Financial Services sector with an aggregate issue size of ₹582 Crores. The shares are offered at a price band of ₹305 to ₹305 per equity share on NSE and BSE. 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 49 shares (approx. ₹14,945 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 2021-03-26, while un-allotted funds or UPI block mandates will be released on 2021-03-25.

Frequently Asked Questions

What is Suryoday Small Finance Bank Limited IPO GMP today?

Currently, Suryoday Small Finance Bank Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹305 to ₹305 per equity share.

What is the expected profit per lot for Suryoday Small Finance Bank Limited IPO?

The retail lot size is 49 shares requiring a minimum application amount of ₹14,945. Expected listing price is ₹295 per equity share.

What is the issue size and price band for Suryoday Small Finance Bank Limited IPO?

The Suryoday Small Finance Bank Limited IPO aggregate issue size is ₹582 Crores with an equity price band set at ₹305 to ₹305 per equity share. The retail lot size is 49 shares requiring a minimum capital outlay of approx. ₹14,945.

How can I check Suryoday Small Finance Bank Limited IPO live subscription demand?

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

Where and when will Suryoday Small Finance Bank 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 2021-03-24. Investors can verify status using PAN card or application number.

When is the listing date for Suryoday Small Finance Bank Limited IPO?

Suryoday Small Finance Bank Limited shares are scheduled to list on NSE and BSE on 2021-03-26.