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 Vinsys IT Services Limited IPO?

Vinsys IT Services Limited IPO has received a total subscription of 88.99 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Vinsys IT Services Limited

ListedSME

Information Technology & Software Services · NSE

Incorporated in 2008, Vinsys IT Services India Limited, part of the Vinsys Group, provides IT skill development, training, certification, and consulting services. Operating across India and with a global presence in the USA and Middle East, the company offers training and certification, IT development services, digital learning, project management, and technology training. An ISO 9001:2015 certified organization, Vinsys IT partners with leading global entities such as AWS, Microsoft, Oracle, Cisco, IBM, and CompTIA to deliver corporate training and workforce development solutions.

Price Band

₹121 – ₹128

Issue Size

₹49.84 Cr

Lot Size

1000 shares

GMP

₹60

+46.9%

Est. Listing

₹188

at current GMP

Subscribed

88.99x

overall

Open

1 Aug 2023

4 Aug 2023

Allotment

9 Aug 2023

Refund

10 Aug 2023

Demat Credit

11 Aug 2023

Listing

14 Aug 2023

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

88.99x

Total Demand

QIB Multiplier

36.95x

Institutions & Funds

NII / HNI

106.07x

High Net-Worth

Retail (RII)

111.39x

Individual Bidders

Category-Wise Subscription Breakup

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

Total 88.99x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	740,000	27,342,000	36.95x
NIB	556,000	58,977,000	106.07x
RETAIL	1,295,000	144,253,000	111.39x
Total	2,591,000	230,572,000	88.99x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 111.20x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	1,363	151,825	111.39x
HNIs (10L +)	9	955	106.07x
HNIs (2-10L)	42	4,455	106.07x
Total Applications	1,414	157,235	111.20x

Day-Wise Subscription Progress

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

About Vinsys IT Services Limited Public Issue & Market Profile

Vinsys IT Services Limited is bringing an initial public offering (IPO) in the Information Technology & Software Services sector with an aggregate issue size of ₹49.84 Crores. The shares are offered at a price band of ₹121 to ₹128 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.

Bidding & Quota Instructions:

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.

Allotment Reconciliation Schedule:

Following the close of bidding on 2023-08-04, the basis of allotment is scheduled to be finalized on 2023-08-09. 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 (Link Intime India Private Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is Vinsys IT Services Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Vinsys IT Services Limited IPO is ₹60 per equity share. Based on the upper price band of ₹121 to ₹128 per equity share, the estimated listing price is ₹188 (+46.9% expected listing gain).

What is the expected profit per lot for Vinsys IT Services Limited IPO?

With a lot size of 1000 shares and current GMP of ₹60, the expected profit per application lot is approx ₹60,000 (+46.9% gain). Minimum application cost is approx ₹1,28,000.

What is the issue size and price band for Vinsys IT Services Limited IPO?

The Vinsys IT Services Limited IPO aggregate issue size is ₹49.84 Crores with an equity price band set at ₹121 to ₹128 per equity share. The retail lot size is 1000 shares requiring a minimum capital outlay of approx. ₹1,28,000.

How can I check Vinsys IT Services Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 88.99x (Retail: 111.39x, QIB: 36.95x, NII: 106.07x). You can track live multiples directly on our dedicated subscription page.

Where and when will Vinsys IT Services Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2023-08-09. Investors can verify status using PAN card or application number.

When is the listing date for Vinsys IT Services Limited IPO?

Vinsys IT Services Limited shares are scheduled to list on NSE on 2023-08-14.