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 Vishnu Prakash R Punglia Limited IPO?

Vishnu Prakash R Punglia Limited IPO has received a total subscription of 87.82 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Vishnu Prakash R Punglia Limited

ListedMainboard

Capital Goods · NSE / BSE

Incorporated in 1986, Vishnu Prakash R Punglia Limited is a construction and infrastructure development company working across 9 states and 1 union territory in India. The company executes engineering projects mainly in 4 segments – Water Supply Projects, Railway Projects, Road Projects and Irrigation Network Projects. VPRP is registered as a top-level contractor (Class AA / Class A / Class S) with multiple government departments and agencies across Rajasthan, Gujarat, Chhattisgarh, Madhya Pradesh and Military Engineering Services. Over the years, VPRP has grown significantly with large project awards, including a major Water Supply Project worth ₹4,332.90 million awarded in 2021.

Price Band

₹94 – ₹99

Issue Size

₹309 Cr

Lot Size

150 shares

GMP

₹62

+62.6%

Est. Listing

₹161

at current GMP

Subscribed

87.82x

overall

Open

24 Aug 2023

28 Aug 2023

Allotment

1 Sep 2023

Refund

2 Sep 2023

Demat Credit

3 Sep 2023

Listing

5 Sep 2023

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

87.82x

Total Demand

QIB Multiplier

171.69x

Institutions & Funds

NII / HNI

111.03x

High Net-Worth

Retail (RII)

32.01x

Individual Bidders

Category-Wise Subscription Breakup

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

Total 87.82x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	6,180,000	1,061,059,500	171.69x
NIB	4,635,000	514,636,950	111.03x
HNIs(10L +)	3,090,000	346,138,350	112.02x
HNIs (2-10L)	1,545,000	168,498,600	109.06x
RETAIL	10,815,000	346,199,850	32.01x
EMPLOYEES	300,000	3,889,650	12.97x
Total	26,565,000	2,440,422,900	87.82x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 34.83x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	72,800	2,330,328	32.01x
HNIs (10L +)	466	51,740	111.03x
HNIs (2-10L)	2,229	247,486	111.03x
Total Applications	75,495	2,629,554	34.83x

Day-Wise Subscription Progress

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

About Vishnu Prakash R Punglia Limited Public Issue & Market Profile

Vishnu Prakash R Punglia Limited is bringing an initial public offering (IPO) in the Capital Goods sector with an aggregate issue size of ₹308.88 Crores. The shares are offered at a price band of ₹94 to ₹99 per equity share on NSE and BSE. 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 2023-08-28, the basis of allotment is scheduled to be finalized on 2023-09-01. 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 Vishnu Prakash R Punglia Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Vishnu Prakash R Punglia Limited IPO is ₹62 per equity share. Based on the upper price band of ₹94 to ₹99 per equity share, the estimated listing price is ₹161 (+62.6% expected listing gain).

What is the expected profit per lot for Vishnu Prakash R Punglia Limited IPO?

With a lot size of 150 shares and current GMP of ₹62, the expected profit per application lot is approx ₹9,300 (+62.6% gain). Minimum application cost is approx ₹14,850.

What is the issue size and price band for Vishnu Prakash R Punglia Limited IPO?

The Vishnu Prakash R Punglia Limited IPO aggregate issue size is ₹308.88 Crores with an equity price band set at ₹94 to ₹99 per equity share. The retail lot size is 150 shares requiring a minimum capital outlay of approx. ₹14,850.

How can I check Vishnu Prakash R Punglia Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 87.82x (Retail: 32.01x, QIB: 171.69x, NII: 111.03x). You can track live multiples directly on our dedicated subscription page.

Where and when will Vishnu Prakash R Punglia 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 2023-09-01. Investors can verify status using PAN card or application number.

When is the listing date for Vishnu Prakash R Punglia Limited IPO?

Vishnu Prakash R Punglia Limited shares are scheduled to list on NSE and BSE on 2023-09-05.