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 Vasa Denticity Limited IPO allotment date?

The basis of allotment for Vasa Denticity Limited IPO is scheduled to be finalized on 31 May 2023.

Where can I check Vasa Denticity 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 1 Jun 2023.

IPO GreyPremiumLIVE

Grey Market Intelligence

Vasa Denticity Limited

ListedSME

Healthcare Services · NSE

Incorporated in 2016, Vasa Denticity Limited is engaged in the marketing and distribution of a wide range of dental products, including consumables, instruments, equipment, and accessories for diagnosis, treatment, and prevention of dental conditions. The company operates through its online portal and mobile application, "Dentalkart.com," offering over 10,000 products across 300 domestic and international brands. With a centralized 13,000 sq. ft. distribution hub in Gurugram, India, Vasa Denticity also manages more than 30 owned brands, developed or procured through its dedicated R&D team.

Price Band

₹121 – ₹128

Issue Size

₹54.07 Cr

Lot Size

1000 shares

GMP

₹61

+47.7%

Est. Listing

₹189

at current GMP

Subscribed

73.22x

overall

Open

23 May 2023

25 May 2023

Allotment

31 May 2023

Refund

1 Jun 2023

Demat Credit

2 Jun 2023

Listing

2 Jun 2023

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Vasa Denticity Limited Allotment Status

Designated Registrar: Mas Services Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

31 May 2023

Basis finalization

Refunds Initiate

1 Jun 2023

Mandate release

Demat Credit

2 Jun 2023

Shares in demat

Listing Debut

2 Jun 2023

Trading begins

About Vasa Denticity Limited Public Issue & Market Profile

Vasa Denticity Limited is bringing an initial public offering (IPO) in the Healthcare Services sector with an aggregate issue size of ₹54.07 Crores. The shares are offered at a price band of ₹121 to ₹128 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 1000 shares (approx. ₹1,28,000 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 Mas Services Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-06-02, while un-allotted funds or UPI block mandates will be released on 2023-06-01.

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.

Vasa Denticity Limited

Vasa Denticity Limited Allotment Status

How to Check Vasa Denticity Limited IPO Allotment Status

About Vasa Denticity Limited Public Issue & Market Profile

Frequently Asked Questions

What if my name is not showing on the registrar portal?

How will I receive the refund if I don't get allotment?