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 Vrundavan Plantation Limited IPO?

Vrundavan Plantation Limited IPO has received a total subscription of 19.68 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Vrundavan Plantation Limited

ListedSME

Emerging SME Services · BSE

Incorporated in 1997, Vrundavan Plantation is engaged in the nursery business, offering services in landscape development, horticulture, plantation, landscape maintenance, irrigation works, and related activities. The company’s goal is to protect, restore, and expand green cover across India, contributing to climate change solutions. Vrundavan Plantation aims to manage 10 million hectares of forest and non-forest land to increase India’s forest cover and improve the quality of existing forests, supporting a greener India and a greener planet.

Price Band

₹108

Issue Size

₹15.29 Cr

Lot Size

1200 shares

GMP

—

Est. Listing

₹108

at current GMP

Subscribed

19.68x

overall

Open

30 Oct 2023

1 Nov 2023

Allotment

3 Nov 2023

Refund

4 Nov 2023

Demat Credit

5 Nov 2023

Listing

6 Nov 2023

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

19.68x

Total Demand

QIB Multiplier

0.00x

Institutions & Funds

NII / HNI

13.15x

High Net-Worth

Retail (RII)

25.51x

Individual Bidders

Category-Wise Subscription Breakup

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

Total 19.68x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
NIB	600,000	7,888,800	13.15x
RETAIL	672,000	17,144,400	25.51x
Total	1,272,000	25,033,200	19.68x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 25.05x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	413	10,536	25.51x
HNIs (10L +)	3	39	13.15x
HNIs (2-10L)	13	171	13.15x
Total Applications	429	10,746	25.05x

Day-Wise Subscription Progress

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

About Vrundavan Plantation Limited Public Issue & Market Profile

Vrundavan Plantation Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹15.29 Crores. The shares are offered at a price band of ₹108 to ₹108 per equity share on 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 2023-11-01, the basis of allotment is scheduled to be finalized on 2023-11-03. 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 (Kfin Technologies Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is Vrundavan Plantation Limited IPO GMP today?

Currently, Vrundavan Plantation 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 ₹108 to ₹108 per equity share.

What is the expected profit per lot for Vrundavan Plantation Limited IPO?

The retail lot size is 1200 shares requiring a minimum application amount of ₹1,29,600. Expected listing price is ₹108 per equity share.

What is the issue size and price band for Vrundavan Plantation Limited IPO?

The Vrundavan Plantation Limited IPO aggregate issue size is ₹15.29 Crores with an equity price band set at ₹108 to ₹108 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,29,600.

How can I check Vrundavan Plantation Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 19.68x (Retail: 25.51x, QIB: 0.00x, NII: 13.15x). You can track live multiples directly on our dedicated subscription page.

Where and when will Vrundavan Plantation Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2023-11-03. Investors can verify status using PAN card or application number.

When is the listing date for Vrundavan Plantation Limited IPO?

Vrundavan Plantation Limited shares are scheduled to list on BSE on 2023-11-06.