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 Techknowgreen Solutions Limited IPO allotment date?

The basis of allotment for Techknowgreen Solutions Limited IPO is scheduled to be finalized on 23 Sep 2023.

When will unallotted IPO application funds be unblocked?

Refund initiation and UPI mandate revocation for unallotted applications starts on or around 24 Sep 2023.

Techknowgreen Solutions Limited

ListedSME

Environmental Consulting & Technology · BSE

Incorporated in 2001, Techknowgreen Solutions Limited, formerly Techno Green Environmental Solutions, provides environmental consulting and IT-based compliance solutions in India. The company operates across three verticals: Consulting, offering environmental impact assessments, compliance, due diligence, design of STP/ETP/WTP systems, remediation, air pollution control, and training; Infor Tech, delivering software and IoT solutions for wastewater, air quality, solid waste, and remediation; and Research Policy & Engineering, focusing on carbon capture, circular economy technologies, climate resilience, and environmental surveillance. Its clientele includes government bodies, MNCs, large corporates, mid-size companies, and MSMEs.

Price Band

₹86

Issue Size

₹16.72 Cr

Lot Size

1600 shares

GMP

₹5

+5.8%

Est. Listing

₹91

at current GMP

Subscribed

13.03x

overall

Open

18 Sep 2023

21 Sep 2023

Allotment

23 Sep 2023

Refund

24 Sep 2023

Demat Credit

25 Sep 2023

Listing

27 Sep 2023

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Techknowgreen Solutions Limited Allotment Status

Designated Registrar: Bigshare Services Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

23 Sep 2023

Basis finalization

Refunds Initiate

24 Sep 2023

Mandate release

Demat Credit

25 Sep 2023

Shares in demat

Listing Debut

27 Sep 2023

Trading begins

How to Check Techknowgreen Solutions Limited IPO Allotment Status

Click the Check on Registrar button above to visit Bigshare Services Private Limited's allotment portal.
Select Techknowgreen Solutions 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 Techknowgreen Solutions Limited Public Issue & Market Profile

Techknowgreen Solutions Limited is bringing an initial public offering (IPO) in the Environmental Consulting & Technology sector with an aggregate issue size of ₹16.72 Crores. The shares are offered at a price band of ₹86 to ₹86 per equity share on BSE. 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 2023-09-21, the basis of allotment is scheduled to be finalized on 2023-09-23. 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.