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 Vivaa Tradecom Limited IPO allotment date?

The basis of allotment for Vivaa Tradecom Limited IPO is scheduled to be finalized on 9 Oct 2023.

Where can I check Vivaa Tradecom Limited IPO allotment status?

You can check your allotment status on the official registrar portal (Bigshare 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 10 Oct 2023.

Vivaa Tradecom Limited

ListedSME

Emerging SME Services · BSE

Incorporated in 2010, Vivaa Tradecom Limited is engaged in the manufacturing and trading of clothes and garments, including denim and cotton fabrics, readymade jeans for men and women, and printed cotton fabrics. The company acquired a readymade garments business from Parikh Impex Private Limited in 2013 and operated both manufacturing and trading activities until 2022, when it sold its manufacturing unit to Globe Textiles (India) Ltd and shifted focus entirely to trading. In March 2023, Vivaa expanded into the furniture segment by partnering with Rushil Décor Limited to distribute VIR and Prelam MDF Boards across multiple Indian states. Its clientele includes Lifestyle International Pvt. Ltd., Aditya Birla Fashion and Retail Ltd., Lajja Polyfab Pvt. Ltd., Nandan Denim Limited, Bajaj Impex, and Reliance Retail Limited.

Price Band

₹51

Issue Size

₹7.99 Cr

Lot Size

2000 shares

GMP

—

Est. Listing

₹51

at current GMP

Subscribed

1.77x

overall

Open

27 Sep 2023

4 Oct 2023

Allotment

9 Oct 2023

Refund

10 Oct 2023

Demat Credit

11 Oct 2023

Listing

12 Oct 2023

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Vivaa Tradecom Limited Allotment Status

Designated Registrar: Bigshare Services Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

9 Oct 2023

Basis finalization

Refunds Initiate

10 Oct 2023

Mandate release

Demat Credit

11 Oct 2023

Shares in demat

Listing Debut

12 Oct 2023

Trading begins

How to Check Vivaa Tradecom Limited IPO Allotment Status

Click the Check on Registrar button above to visit Bigshare Services Private Limited's allotment portal.
Select Vivaa Tradecom 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 Vivaa Tradecom Limited Public Issue & Market Profile

Vivaa Tradecom Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹7.99 Crores. The shares are offered at a price band of ₹51 to ₹51 per equity share on BSE. 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 2023-10-04, the basis of allotment is scheduled to be finalized on 2023-10-09. 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 (Bigshare 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.