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 will unallotted IPO application funds be unblocked?

Refund initiation and UPI mandate revocation for unallotted applications starts on or around 5 Oct 2023.

Vinyas Innovative Technologies Limited

ListedSME

Emerging SME Services · NSE

Incorporated in 2001, Vinyas Innovative Technologies Limited provides design, engineering, and electronics manufacturing services to global Original Equipment Manufacturers (OEMs) and Original Design Manufacturers (ODMs). The company offers Build to Print (B2P) services, where it manufactures products based on client-provided designs, and Build to Specification (B2S) services, where it designs and manufactures products according to client specifications. Vinyas’ offerings include printed circuit board assembly (PCBA) and box builds used in safety-critical systems such as cockpits, inflight systems, landing systems, and medical diagnostic equipment. The company delivers end-to-end solutions encompassing design for manufacturability, supply chain management, PCB assembly, advanced testing, product integration, and after-market support.

Price Band

₹162 – ₹165

Issue Size

₹54.66 Cr

Lot Size

800 shares

GMP

₹125

+75.8%

Est. Listing

₹290

at current GMP

Subscribed

43.31x

overall

Open

27 Sep 2023

3 Oct 2023

Allotment

4 Oct 2023

Refund

5 Oct 2023

Demat Credit

6 Oct 2023

Listing

6 Oct 2023

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Vinyas Innovative Technologies Limited Allotment Status

Designated Registrar: Skyline Financial Services Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

4 Oct 2023

Basis finalization

Refunds Initiate

5 Oct 2023

Mandate release

Demat Credit

6 Oct 2023

Shares in demat

Listing Debut

6 Oct 2023

Trading begins

How to Check Vinyas Innovative Technologies Limited IPO Allotment Status

Click the Check on Registrar button above to visit Skyline Financial Services Private Limited's allotment portal.
Select Vinyas Innovative Technologies Limited from the dropdown company list.
Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
Enter your details accurately and solve the Captcha code.
Click Submit / Search to view the number of shares applied and allotted to you.

About Vinyas Innovative Technologies Limited Public Issue & Market Profile

Vinyas Innovative Technologies Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹54.66 Crores. The shares are offered at a price band of ₹162 to ₹165 per equity share on NSE. 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 2023-10-03, the basis of allotment is scheduled to be finalized on 2023-10-04. 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 (Skyline Financial Services Private 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.