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 Udayshivakumar Infra Limited IPO allotment date?

The basis of allotment for Udayshivakumar Infra Limited IPO is scheduled to be finalized on 29 Mar 2023.

Where can I check Udayshivakumar Infra Limited IPO allotment status?

You can check your allotment status on the official registrar portal (Mas Services 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 30 Mar 2023.

IPO GreyPremiumLIVE

Grey Market Intelligence

Udayshivakumar Infra Limited

ListedMainboard

Infrastructure & Construction · NSE / BSE

Incorporated in 2019, Udayshivakumar Infra Limited is an ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certified company engaged in road construction projects across Karnataka. The company builds state and national highways, district and smart city roads, and local area roads for government bodies like MORTH, SHDP, KPWP & IWTD, and DHUDA. Having completed over 30 projects and currently executing 25 more, Udayshivakumar Infra has established a strong presence in Karnataka’s infrastructure sector and aims to expand through joint ventures with other infrastructure firms.

Price Band

₹33 – ₹35

Issue Size

₹66.00 Cr

Lot Size

428 shares

GMP

—

Est. Listing

₹35

at current GMP

Subscribed

—

Open

20 Mar 2023

23 Mar 2023

Allotment

29 Mar 2023

Refund

30 Mar 2023

Demat Credit

31 Mar 2023

Listing

3 Apr 2023

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Udayshivakumar Infra Limited Allotment Status

Designated Registrar: Mas Services Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

29 Mar 2023

Basis finalization

Refunds Initiate

30 Mar 2023

Mandate release

Demat Credit

31 Mar 2023

Shares in demat

Listing Debut

3 Apr 2023

Trading begins

About Udayshivakumar Infra Limited Public Issue & Market Profile

Udayshivakumar Infra Limited is bringing an initial public offering (IPO) in the Infrastructure & Construction sector with an aggregate issue size of ₹66 Crores. The shares are offered at a price band of ₹33 to ₹35 per equity share on NSE and BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.

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 2023-03-23, the basis of allotment is scheduled to be finalized on 2023-03-29. 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 (Mas Services 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.