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.

What is the current subscription status of Veer Global Infraconstruction Limited IPO?

Veer Global Infraconstruction Limited IPO has received a total subscription of 1.51 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

$Veer Global Infraconstruction Limited official company logo$

Veer Global Infraconstruction Limited

ListedSME

Veer Global Infraconstruction Limited · BSE

Veer Global Infraconstruction Limited specializes in affordable housing and real estate development, focusing on residential, commercial, and township projects. With a strong presence in Mumbai, Vasai, Virar, Umroli, Boisar, and Shahada, the company has successfully completed multiple residential projects and continues to develop new ones. Its comprehensive project management approach includes location selection, acquisition, project planning, designing, development, and sales & marketing, ensuring seamless execution from start to finish.

Price Band

₹28

Issue Size

₹5.00 Cr

Lot Size

4000 shares

GMP

—

Est. Listing

₹28

at current GMP

Subscribed

1.51x

overall

Open

30 Sep 2020

9 Oct 2020

Allotment

15 Oct 2020

Refund

16 Oct 2020

Demat Credit

17 Oct 2020

Listing

19 Oct 2020

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

1.51x

Total Demand

QIB Multiplier

0.00x

Institutions & Funds

NII / HNI

1.84x

High Net-Worth

Retail (RII)

1.18x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 1.51x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
NIB	878,000	1,612,000	1.84x
RETAIL	878,000	1,036,000	1.18x
Total	1,756,000	2,648,000	1.51x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 1.20x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	156	184	1.18x
HNIs (10L +)	1	2	1.84x
HNIs (2-10L)	5	9	1.84x
Total Applications	162	195	1.20x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About Veer Global Infraconstruction Limited Public Issue & Market Profile

Veer Global Infraconstruction Limited is bringing an initial public offering (IPO) in the Veer Global Infraconstruction Limited sector with an aggregate issue size of ₹5 Crores. The shares are offered at a price band of ₹28 to ₹28 per equity share on BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.

Bidding & Quota Instructions:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 4000 shares (approx. ₹1,12,000 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.

Allotment Reconciliation Schedule:

Allotment reconciliation will be managed by Purva Sharegistry India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2020-10-17, while un-allotted funds or UPI block mandates will be released on 2020-10-16.

Frequently Asked Questions

What is Veer Global Infraconstruction Limited IPO GMP today?

Currently, Veer Global Infraconstruction Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹28 to ₹28 per equity share.

What is the expected profit per lot for Veer Global Infraconstruction Limited IPO?

The retail lot size is 4000 shares requiring a minimum application amount of ₹1,12,000. Expected listing price is ₹28 per equity share.

What is the issue size and price band for Veer Global Infraconstruction Limited IPO?

The Veer Global Infraconstruction Limited IPO aggregate issue size is ₹5 Crores with an equity price band set at ₹28 to ₹28 per equity share. The retail lot size is 4000 shares requiring a minimum capital outlay of approx. ₹1,12,000.

How can I check Veer Global Infraconstruction Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 1.51x (Retail: 1.18x, QIB: 0.00x, NII: 1.84x). You can track live multiples directly on our dedicated subscription page.

Where and when will Veer Global Infraconstruction Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Purva Sharegistry India Private Limited) and the BSE status verification website on or around 2020-10-15. Investors can verify status using PAN card or application number.

When is the listing date for Veer Global Infraconstruction Limited IPO?

Veer Global Infraconstruction Limited shares are scheduled to list on BSE on 2020-10-19.