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 Vivaa Tradecom Limited IPO?

Vivaa Tradecom Limited IPO has received a total subscription of 1.77 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

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 Subscription Status Allotment Status Filing Documents

Overall Subscription

1.77x

Total Demand

QIB Multiplier

0.00x

Institutions & Funds

NII / HNI

0.82x

High Net-Worth

Retail (RII)

2.71x

Individual Bidders

Category-Wise Subscription Breakup

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

Total 1.77x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
NIB	783,000	642,000	0.82x
RETAIL	783,000	2,122,000	2.71x
Total	1,566,000	2,764,000	1.77x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 2.65x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	274	743	2.71x
HNIs (10L +)	2	2	0.82x
HNIs (2-10L)	8	7	0.82x
Total Applications	284	752	2.65x

Day-Wise Subscription Progress

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

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.

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 2023-10-04, 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 is Vivaa Tradecom Limited IPO GMP today?

Currently, Vivaa Tradecom Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹51 to ₹51 per equity share.

What is the expected profit per lot for Vivaa Tradecom Limited IPO?

The retail lot size is 2000 shares requiring a minimum application amount of ₹1,02,000. Expected listing price is ₹51 per equity share.

What is the issue size and price band for Vivaa Tradecom Limited IPO?

The Vivaa Tradecom Limited IPO aggregate issue size is ₹7.99 Crores with an equity price band set at ₹51 to ₹51 per equity share. The retail lot size is 2000 shares requiring a minimum capital outlay of approx. ₹1,02,000.

How can I check Vivaa Tradecom Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 1.77x (Retail: 2.71x, QIB: 0.00x, NII: 0.82x). You can track live multiples directly on our dedicated subscription page.

Where and when will Vivaa Tradecom Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2023-10-09. Investors can verify status using PAN card or application number.

When is the listing date for Vivaa Tradecom Limited IPO?

Vivaa Tradecom Limited shares are scheduled to list on BSE on 2023-10-12.