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 Swaraj Suiting Limited IPO allotment date?

The basis of allotment for Swaraj Suiting Limited IPO is scheduled to be finalized on 23 Mar 2022.

Where can I check Swaraj Suiting 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 24 Mar 2022.

Swaraj Suiting Limited

ListedSME

Textiles · NSE

Incorporated in 2003, Swaraj Suiting Limited is engaged in the manufacturing, production, and supply of textile products, operating across three key business verticals comprising manufacturing of grey fabric, weaving on a job-work basis, and trading of finished fabric, grey fabric, and yarn. The company initially focused on manufacturing cotton and synthetic fabrics, shifted to trading in synthetic fabrics in 2009 after selling its Sulzer weaving looms to an associate concern, Swaraj Sulz Private Limited, and later re-entered manufacturing of cotton and synthetic fabrics in 2011, commencing commercial operations in January 2013. Its manufacturing facility is located in Bhilwara, Rajasthan, with an installed production capacity of approximately 1.50 million meters of fabric per month, and the company is also in the process of setting up a denim processing plant at Neemuch, Madhya Pradesh.

Price Band

₹56

Issue Size

₹10.68 Cr

Lot Size

2000 shares

GMP

—

Est. Listing

₹56

at current GMP

Subscribed

—

Open

15 Mar 2022

17 Mar 2022

Allotment

23 Mar 2022

Refund

24 Mar 2022

Demat Credit

25 Mar 2022

Listing

28 Mar 2022

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Swaraj Suiting Limited Allotment Status

Designated Registrar: Bigshare Services Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

23 Mar 2022

Basis finalization

Refunds Initiate

24 Mar 2022

Mandate release

Demat Credit

25 Mar 2022

Shares in demat

Listing Debut

28 Mar 2022

Trading begins

How to Check Swaraj Suiting Limited IPO Allotment Status

Click the Check on Registrar button above to visit Bigshare Services Private Limited's allotment portal.
Select Swaraj Suiting Limited from the dropdown company list.
Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
Enter your details accurately and solve the Captcha code.
Click Submit / Search to view the number of shares applied and allotted to you.

About Swaraj Suiting Limited Public Issue & Market Profile

Swaraj Suiting Limited is bringing an initial public offering (IPO) in the Textiles sector with an aggregate issue size of ₹10.68 Crores. The shares are offered at a price band of ₹56 to ₹56 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.

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 2022-03-17, the basis of allotment is scheduled to be finalized on 2022-03-23. 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.