SME IPOListedEmerging SME Services

Konstelec Engineers Limited IPO

Exchange: NSE · Face Value: ₹10

Current GMP

+₹105+150.0%

Est. Listing

₹175

Price Band₹66 – ₹70
Lot Size2000 shares
Issue Size₹28.7 Cr
Open / Close2024-01-19 to 2024-01-24

IPO Details & Issue Structure

Issue Typesme
Face Value₹10 per share
Price Band₹66 – ₹70
Market Lot2000 shares
Total Issue Size₹28.7 Cr
Listing AtNSE

Konstelec Engineers Limited IPO Timetable

Issue Opens2024-01-19
Issue Closes2024-01-24
Basis of Allotment2024-01-25
Initiation of Refunds2024-01-26
Credit of Shares to Demat2024-01-27
Listing Date2024-01-30

Lot Size & Minimum Investment

ApplicationLotsSharesAmount
Retail (Min)12000₹1,40,000
Retail (Max)12000₹1,40,000

Subscription Status

View Full
Overall Demand341.85x
QIB113.8x
NII (HNI)421.7x
Retail (RII)437.62x

Registrar & Allotment

Skyline Financial Services Private Limited

https://www.skylinerta.com/ipo.phpCheck Allotment Status

About Konstelec Engineers Limited IPO & Grey Market Premium

Everything you need to know before applying for Konstelec Engineers Limited IPO.

IPO Grey Market Premium (GMP) represents the unofficial premium at which Initial Public Offering (IPO) shares are traded among investors before they officially list on the stock exchanges (NSE/BSE). Traders closely track real-time GMP fluctuations to evaluate market sentiment.

What Does Positive GMP Indicate?

A strong positive grey market premium suggests solid buyer demand and market interest, hinting that the stock could open with healthy listing day gains above its issue price.

How Estimated Listing Price is Calculated

Estimated Listing Price = Upper Price Band + Current GMP (₹). For instance, if an issue is priced at ₹100 with ₹30 GMP, the estimated listing price is ₹130 (+30%).

Key Factors Affecting Live IPO GMP Today

  • Subscription Numbers: Heavy bidding observed by QIB (Qualified Institutional Buyers) and NII (Non-Institutional Investors) directly propels the grey market price upward.
  • Broader Market Sentiments: Nifty and Sensex trends have a direct bearing on pre-listing demand.
  • Allotment & Fundamentals: Fairly priced issues with steady buyer demand post-allotment maintain stable grey market demand compared to overvalued issues.

Konstelec Engineers Limited IPO has a price band of ₹66 to ₹70 per equity share. The current live Grey Market Premium (GMP) is ₹105, which suggests an estimated listing price of ₹175 (150.0% premium).

To evaluate institutional demand and retail bid counts across BSE and NSE, investors can inspect the live live ipo subscription feed before finalizing their bidding strategy.

Disclaimer: Grey Market Premium (GMP) is an unregulated, unofficial over-the-counter pricing indicator. GMP fluctuates dynamically and does not guarantee official stock exchange listing gains. Always refer to SEBI-approved Red Herring Prospectus (RHP) before applying.
Konstelec Engineers Limited IPO GMP Today, Subscription, Price Band & Review | GMP on IPO