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 V-Marc India Limited IPO allotment date?

The basis of allotment for V-Marc India Limited IPO is scheduled to be finalized on 6 Apr 2021.

Where can I check V-Marc India 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 7 Apr 2021.

IPO GreyPremiumLIVE

Grey Market Intelligence

V-Marc India Limited

ListedSME

Consumer Discretionary · NSE

Incorporated in 2014, V-Marc India Limited manufactures and markets a wide range of wires and cables under the brand name "V-Marc." Its product portfolio includes single and multi-strand cables, LAN cables, coaxial cables, CCTV cables, telephone switchboard cables, power cables, core flat cables, solar cables, wires, and aerial bunched cables. The company supplies its products through government tenders, EPC contractors for turnkey projects, and a dealer-distribution network, serving industries such as power, real estate, railways, and telecom. As of December 31, 2020, it has a network of 650+ dealers across 12 states. V-Marc India operates two manufacturing facilities in Haridwar, Uttarakhand, with an aggregate installed capacity of 71,100 km per annum and plans to set up an additional facility with 11,520 km annual capacity.

Price Band

₹37 – ₹39

Issue Size

₹23.00 Cr

Lot Size

3000 shares

GMP

—

Est. Listing

₹39

at current GMP

Subscribed

—

Open

25 Mar 2021

31 Mar 2021

Allotment

6 Apr 2021

Refund

7 Apr 2021

Demat Credit

8 Apr 2021

Listing

9 Apr 2021

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

V-Marc India Limited Allotment Status

Designated Registrar: Bigshare Services Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

6 Apr 2021

Basis finalization

Refunds Initiate

7 Apr 2021

Mandate release

Demat Credit

8 Apr 2021

Shares in demat

Listing Debut

9 Apr 2021

Trading begins

About V-Marc India Limited Public Issue & Market Profile

V-Marc India Limited is bringing an initial public offering (IPO) in the Consumer Discretionary sector with an aggregate issue size of ₹23 Crores. The shares are offered at a price band of ₹37 to ₹39 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.

Public Issue & Allotment Procedure:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 3000 shares (approx. ₹1,17,000 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.

Official Allotment Timelines & Registrar Guidance:

Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2021-04-08, while un-allotted funds or UPI block mandates will be released on 2021-04-07.

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.