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 Vital Chemtech Limited IPO allotment date?

The basis of allotment for Vital Chemtech Limited IPO is scheduled to be finalized on 10 Nov 2022.

Where can I check Vital Chemtech Limited IPO allotment status?

You can check your allotment status on the official registrar portal (Skyline Financial Services Private 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 11 Nov 2022.

Vital Chemtech Limited

ListedSME

Chemicals · NSE

Vital Chemtech Limited, incorporated in 2013, specializes in manufacturing phosphorus derivative products, ensuring high-quality standards while adhering to strict environmental, health, and safety (EHS) regulations. The company operates manufacturing facilities across three sites in the GIDC area of Dahej, within the PCPIR region, and one site in Sanand, Ahmedabad. Their product portfolio includes Phosphorus Trichloride (PCl3), Phosphorus Oxychloride (POCl3), Phosphorus Pentachloride (PCl5), Phosphorus Pentoxide (P2O5), Poly Phosphoric Acid (PPA), and Phosphorus Pentasulfide (P2S5). These products cater to industries such as life sciences, crop care, specialty chemicals, textile auxiliaries, dyes, pigments, and plastic additives.

Price Band

₹101

Issue Size

₹64.64 Cr

Lot Size

1200 shares

GMP

₹80

+79.2%

Est. Listing

₹181

at current GMP

Subscribed

79.33x

overall

Open

31 Oct 2022

3 Nov 2022

Allotment

10 Nov 2022

Refund

11 Nov 2022

Demat Credit

12 Nov 2022

Listing

14 Nov 2022

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Vital Chemtech Limited Allotment Status

Designated Registrar: Skyline Financial Services Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

10 Nov 2022

Basis finalization

Refunds Initiate

11 Nov 2022

Mandate release

Demat Credit

12 Nov 2022

Shares in demat

Listing Debut

14 Nov 2022

Trading begins

How to Check Vital Chemtech Limited IPO Allotment Status

Click the Check on Registrar button above to visit Skyline Financial Services Private Limited's allotment portal.
Select Vital Chemtech 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 Vital Chemtech Limited Public Issue & Market Profile

Vital Chemtech Limited is bringing an initial public offering (IPO) in the Chemicals sector with an aggregate issue size of ₹64.64 Crores. The shares are offered at a price band of ₹101 to ₹101 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.

Public Issue & Allotment Procedure:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1200 shares (approx. ₹1,21,200 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 Skyline Financial Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2022-11-12, while un-allotted funds or UPI block mandates will be released on 2022-11-11.

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.