Category: IPO

Classic Electrodes IPO Day 1: GMP & Subscription Status

Classic Electrodes (India) Ltd.’s IPO is a fresh issue of ₹41.51 crore, with a price band of ₹82–₹87 per share. Bidding opens on August 22, 2025, and closes on August 26, 2025. The shares will be listed on NSE SME on September 1, 2025.

Classic Electrodes IPO – Day 1 Subscription Status

Classic Electrodes IPO subscribed 1.95 times and received 2.70x subscription in the individual investors category, 1.03x in QIB (Ex Anchor), and 1.42x in the NII category on Day 1 i.e. August 22, 2025.

Investors Category	Subscription (×)
Qualified Institutional Buyers (QIB)	1.03
Non-Institutional Investors (NII)	1.42
bNII (above ₹10 lakh)	1.25
sNII (less than ₹10 lakh)	1.77
Retail Individual Investors (RII)	2.70
Total Subscriptions	1.95

Total Applications: 1,435
Total Bid Amount: ₹53 Cr.

Objective of the Classic Electrodes IPO

The primary objectives of the IPO are to fund capital expenditures, repay outstanding borrowings, meet working capital requirements, and support general corporate purposes.

Objects of the Issue	Expected Amount (in Millions)
Funding capital expenditure of our company to purchase Plant and Machinery	100
Repayment of a portion of certain outstanding borrowing availed by the company	100
Funding the working capital requirements of the company	166
General Corporate Purposes	–

Classic Electrodes IPO GMP – Day 1 Update

On August 22, 2025, the IPO showed a Grey Market Premium (GMP) of ₹20, translating to an estimated listing price of ₹107. This resulted in a healthy listing gain of 22.99% for investors, signaling strong market enthusiasm for the IPO.

Date	GMP	Est. Listing Price	Gain
August 22, 2025 (Day 1)	₹20	₹107	22.99%

Disclaimer: The above GMP (Grey Market Premium) is just unofficial market information, which is not officially confirmed. These figures are shared for informational purposes only and investment decisions based on these should be based on the investor’s own research and discretion. We do not conduct, recommend or support any kind of transaction in the grey market.

Classic Electrodes (India) Ltd. IPO – Key Details

Particulars	Details
IPO Opening Date	August 22, 2025
IPO Closing Date	August 26, 2025
Price Band	₹82–₹87 per share
Total Issue Size	₹41.51 crore (Fresh Issue)
Lot Size	1,600 shares
Listing Platform	NSE SME
Registrar	MUFG Intime India Pvt. Ltd.

Important Dates for Classic Electrodes IPO Allotment

Event	Date
Tentative Allotment	Thu, Aug 28, 2025
Initiation of Refunds	Thu, Aug 28, 2025
Credit of Shares to Demat	Fri, Aug 29, 2025
Listing Date on NSE SME	September 1, 2025

Classic Electrodes (India) Ltd. Overview

Established in 1997 and headquartered in Kolkata, West Bengal, Classic Electrodes (India) Limited is a leading manufacturer of welding consumables, including electrodes and MIG wires, catering to both domestic and international markets. The company offers a wide range of products such as mild steel, stainless steel, cast iron, deep penetration electrodes, and MIG wires for varied industrial applications. With two manufacturing units located in Dhulagarh, West Bengal, and Jhajjar, Haryana, it ensures strong regional coverage and efficient logistics, while the earlier Bahadurgarh unit was closed in FY 2023–24 as part of restructuring.

Easy Steps to Apply for Classic Electrodes IPO via Pocketful

Step 1: Install the Pocketful app from the Play Store or App Store.
Step 2: Complete your KYC process.
Step 3: Go to the IPO section on the app
Step 4: Find “Classic Electrodes” in the IPO list
Step 5: Tap Apply and enter your bid details

Frequently Asked Questions (FAQs)

What are the opening and closing dates of Classic Electrodes IPO?
The IPO opens on August 22, 2025, and closes on August 26, 2025.
What is the price band for the IPO?
The price band is set between ₹82 and ₹87 per share.
What is the issue size of the IPO?
The IPO size is ₹41.51 crore (fresh issue only).
When will the shares be listed?
Shares are expected to be listed on NSE SME on September 1, 2025.
What is the GMP of Classic Electrodes IPO on Day 1?
The GMP at the close of Classic Electrodes IPO on Day 1 was ₹20.

August 22, 2025

Mangal Electrical IPO Allotment Status: Check Latest GMP, Steps to Verify Status

Mangal Electrical Industries Limited, a Jaipur-based manufacturer of transformer components and customized power-infrastructure solutions, is closing its ₹400 crore IPO today, August 22, 2025. The issue is a fresh issue only, with a price band of ₹533–₹561 per share. Following allotment, shares are scheduled to list on BSE and NSE on August 28, 2025.

Mangal Electrical IPO – Day 3 Subscription Status

The IPO was oversubscribed 9.95x overall, with Non-Institutional Investors (NII) leading at 19.78x and Qualified Institutional Buyers (QIB) subscribing 11.09x. Retail Individual Investors (RII) showed moderate interest at 5.09x.

Investor Category	Subscription (x)
Qualified Institutional Buyers (QIB)	11.09
Non-Institutional Investors (NII)	19.78
bNII (above ₹10 lakh)	20.05
sNII (less than ₹10 lakh)	19.23
Retail Individual Investors (RII)	5.09
Total	9.95

Total Applications: 4,47,732

How to Check Mangal Electrical IPO Allotment Status

The allotment status can be checked online either via the Registrar’s website (Bigshare Services Pvt.Ltd.) or the BSE website.

Method 1: Registrar’s Website

Steps to check:

Visit the Bigshare Services Pvt.Ltd. IPO allotment page.
Select “Mangal Electrical Industries IPO” from the dropdown.
Enter your PAN, Application Number, or Demat/DP Client ID.
Complete the captcha and click Submit/Search.
Your allotment status will be displayed.

Method 2: BSE Website

Steps to check:

Visit the BSE IPO allotment page.
Select the Equity segment and choose “Mangal Electrical Industries IPO.”
Enter PAN and Application Number (plus captcha, if any).
Click Submit to view allotment status.

Objective of the Mangal Electrical IPO

Mangal Electrical plans to deploy the IPO proceeds primarily for debt repayment, capacity expansion at its Unit IV facility in Rajasthan, and meeting working capital needs. A portion will also be set aside for general corporate purposes, strengthening its overall financial flexibility.

Objects of the Issue	Expected Amount (₹ in crores)
Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by the Company	101.27
Capital expenditure including civil works of the Company for expanding the facility at Unit IV situated at Reengus, Sikar District, Rajasthan	87.86
Funding working capital requirements of the Company	122.00
General corporate purposes	–

Mangal Electrical IPO GMP – Day 3 Update

The last reported GMP for Mangal Electrical IPO is ₹16, last updated on August 22, 2025, 05:00 PM. With the upper price limit of ₹561, the IPO’s estimated listing price is ₹577. The expected percentage gain per share is 2.85%.

Date	GMP (₹)	Est. Listing Price (₹)	Gain (%)
22-08-2025 (DAY 3)	₹16	₹577	2.85%

Disclaimer: The above GMP (Grey Market Premium) is just unofficial market information, which is not officially confirmed. These figures are shared for informational purposes only and investment decisions based on these should be based on the investor’s own research and discretion. We do not conduct, recommend or support any kind of transaction in the grey market.

Mangal Electrical IPO – Key Details

Particulars	Details
IPO Opening Date	August 20, 2025
IPO Closing Date	August 22, 2025
Price Band	₹533–₹561 per share
Issue Size	₹400 crore (Fresh Issue)
Lot Size	26 shares
Listing Platform	BSE & NSE
Registrar	Bigshare Services Pvt.Ltd.
Mangal Electrical IPO RHP	Click Here

Important Dates for Mangal Electrical IPO Allotment

Event	Date
Tentative Allotment	August 25, 2025
Refunds Initiation	August 26, 2025
Credit of Shares to Demat	August 26, 2025
Listing Date	August 28, 2025

Mangal Electrical Overview

Mangal Electrical Industries Ltd., founded in 1990 and based in Rajasthan, is a leading player in the electrical equipment manufacturing sector, specializing in transformers, cables, conductors, and other power transmission and distribution solutions. Its products cater to utilities, industrial clients, and infrastructure projects, ensuring reliable power distribution across markets. With multiple facilities, including an expanding Unit IV in Reengus, the company continues to scale its operations. Between FY24 and FY25, revenue grew by 22% while profit after tax surged 126%, reflecting strong growth momentum. Supported by a diversified product portfolio and operational efficiency, Mangal Electrical has built a resilient market position.

Frequently Asked Questions (FAQs)

What are the opening and closing dates of the Mangal Electrical IPO?
The IPO opened on August 20, 2025, and closed on August 22, 2025.
What is the price band of the IPO?
The price band is set at ₹533–₹561 per share.
What is the issue size of the IPO?
The IPO size is ₹400 crore, entirely a fresh issue.
When will the shares list?
The shares are expected to list on August 28, 2025, on BSE and NSE.
What are the objectives of the IPO?
Proceeds will be used for debt repayment, capacity expansion, funding working capital requirements and general corporate purposes.

August 22, 2025

Gem Aromatics IPO Allotment Status: Check Latest GMP, Steps to Verify Status

Gem Aromatics Limited, a leading manufacturer of specialty ingredients such as essential oils, aroma chemicals, and value-added derivatives, concluded the subscription for its ₹451.25 crore IPO on August 21, 2025. The issue comprised a fresh issue of ₹175 crore and an offer-for-sale (OFS) of up to ₹276.25 crore. The price band was set at ₹309–₹325 per share. Following allotment, the shares are scheduled to be listed on BSE and NSE on August 26, 2025.

Gem Aromatics IPO – Day 3 Subscription Status

The final day of bidding saw strong investor participation across categories. Below is the detailed subscription status as of Day 3:

Investor Category	Subscription (x)
Qualified Institutional Buyers (QIB)	53.76
Non-Institutional Investors (NII)	45.96
bNII (above ₹10 lakh)	48.48
sNII (less than ₹10 lakh)	40.91
Retail Individual Investors (RII)	10.49
Total	30.45

Total Applications: 10,59,134

How to Check Gem Aromatics IPO Allotment Status

Gem Aromatics IPO allotment can be checked online using the Registrar’s website (Kfin Technologies Ltd.) or via the BSE website.

Method 1: Registrar’s Website (Kfin Technologies Ltd.)

Steps to check:

Visit the Kfin Technologies Ltd. IPO allotment site.
Select “Gem Aromatics Limited IPO” from the dropdown.
Enter your PAN, Application Number, or Demat/DP Client ID.
Complete any captcha if prompted and click Submit/Search.
Allotment status will be displayed.

Method 2: BSE or NSE Website

Steps to check:

Visit the BSE or NSE IPO/allotment webpage.
Select the Equity segment, then choose “Gem Aromatics Limited IPO”.
Input your PAN and Application Number (and captcha, if any).
Click Search/Submit to view your allotment status.

Objective of the Gem Aromatics IPO

The company plans to utilize the net proceeds of the IPO towards strengthening its balance sheet by reducing debt and supporting future business needs. The funds will also be deployed for general corporate purposes, providing additional financial flexibility.

Objects of the Issue	Expected Amount (₹ in crores)
Prepayment and/or repayment, in full or in part, of all or a portion of certain outstanding borrowings availed by our Company and our Subsidiary, Krystal Ingredients Private Limited	140.00
General Corporate Purposes	–

Gem Aromatics IPO GMP – Day 3 Update

Gem Aromatics IPO last GMP is ₹28, last updated Aug 21st 2025 04:58 PM. With the upper limit of price band at ₹325, Gem Aromatics IPO’s estimated listing price is ₹353. The expected percentage gain/loss per share is 8.62%.

Date	GMP (₹)	Est. Listing Price (₹)	Gain (%)
21-08-2025 (DAY 3)	₹28	₹353	8.62%

Gem Aromatics IPO – Key Details

Particulars	Details
IPO Opening Date	August 19, 2025
IPO Closing Date	August 21, 2025
Price Band	₹309–₹325 per share
Issue Size	₹451.25 crore (Fresh: ₹175 Cr, OFS: ₹276.25 Cr)
Lot Size	46 shares
Listing Platform	BSE & NSE
Registrar	Kfin Technologies Ltd.
Gem Aromatics IPO DRHP	Click Here

Important Dates for Gem Aromatics IPO Allotment

Event	Date
Tentative Allotment	August 22, 2025
Refunds Initiation	August 25, 2025
Credit of Shares to Demat	August 25, 2025
Listing Date	August 26, 2025

Gem Aromatics Overview

Gem Aromatics Limited, incorporated in October 1997, is a long-established manufacturer of specialty ingredients like essential oils, aroma chemicals, and value-added derivatives. It offers about 70 products across four categories: mint and mint derivatives, clove and its derivatives, phenol, and other synthetic/natural ingredients. The company serves domestic and global markets (18 countries), through its manufacturing facilities in Budaun (UP), Silvassa, and Dahej, and maintains strong R&D and innovation capabilities.

Frequently Asked Questions (FAQs)

Q1. What is the opening and closing date of the Gem Aromatics IPO?
The Gem Aromatics IPO opens on August 19, 2025, and closes on August 21, 2025.
What is the price band of the Gem Aromatics IPO?
The price band for the IPO is set between ₹309 and ₹325 per share.
What is the total issue size of the Gem Aromatics IPO?
The total issue size is ₹451.25 crore, comprising a fresh issue of ₹175 crore and an Offer for Sale (OFS) worth ₹276.25 crore.
What is the expected listing date of Gem Aromatics?
The shares are expected to be listed on BSE and NSE on August 26, 2025.
What are the objectives of the Gem Aromatics IPO?
The proceeds will be used for repayment or prepayment of certain outstanding borrowings of the company and its subsidiary, Krystal Ingredients Private Limited, as well as for general corporate purposes.

August 22, 2025

LGT Business Connextions IPO Allotment Status: Check Latest GMP, Steps to Verify Status

LGT Business Connextions Limited, a service aggregator in the travel and tourism industry, will close the subscription for its ₹28.09 crore IPO today. The issue comprises a fresh issue, an Offer for Sale (OFS), and a reserved portion for market makers, at a fixed price of ₹107 per share. The subscription window runs from August 19 to August 21, 2025. Following allotment, the company’s shares are scheduled to be listed on the BSE SME on August 26, 2025.

LGT Business Connextions IPO Day 3 Subscription Status

LGT Business Connextions IPO subscribed 1.25 times. The public issue subscribed 1.75 times in the individual investors category and 0.75 times in the NII category by August 21, 2025.

Investor Category	Subscription (x)
Non-Institutional Investors (NII)	0.75
Retail Individual Investors (RII)	1.75
Total	1.25

Total Applications: 1,054

How to Check LGT Business Connextions IPO Allotment Status

LGT Business Connextions IPO allotment can be checked online using the Registrar’s website (Skyline Financial Services Pvt. Ltd.) or via the BSE website.

Method 1: Registrar’s Website (Skyline Financial Services Pvt. Ltd.)

This is the most reliable way to check your allotment status:

Steps to check:

Visit the official Skyline Financial Services Pvt. Ltd. IPO Website.
Select “LGT Business Connextions Limited” from the issuer dropdown.
Enter your PAN number, Application number, or DP/Client ID (Demat account number).
Complete the captcha (if prompted), then click Submit or Search.
Your allotment status will be displayed on the screen.

Method 2: BSE Website

If the registrar’s site is busy, you can also check via the BSE SME allotment portal:

Steps to check:

Go to the BSE IPO allotment page under the ‘Equity’ segment.
Select “LGT Business Connextions Limited” from the IPO list.
Enter your PAN number and Application number (and captcha, if any).
Click on Search/Submit to view your allotment status.

Objective of the LGT Business Connextions IPO

The objective of the LGT Business Connextions IPO is to raise funds for capital expenditure, meeting working capital requirements, and general corporate purposes. This will strengthen the company’s operations, support future expansion, and provide overall financial flexibility.

Objects of the Issue	Expected Amount (₹ in crores)
Capital Expenditure	10.44
Working Capital Requirement	7.70
General Corporate Purpose	3.79

LGT Business Connextions IPO GMP – Day 3 Update

LGT Business Connextions SME IPO last GMP is ₹0, last updated Aug 21st 2025 04:57 PM. With the price band of 107.00, LGT Business Connextions SME IPO’s estimated listing price is ₹107 (cap price + today’s GMP).The expected percentage gain/loss per share is 0.00%.

Date	GMP (₹)	Est. Listing Price (₹)	Gain (%)
21-08-2025 (DAY 3)	₹0	₹0	0%

LGT Business Connextions IPO – Key Details

Particulars	Details
IPO Opening Date	August 19, 2025
IPO Closing Date	August 21, 2025
Issue Price	₹107 per share
Total Issue Size	26,25,600 shares(aggregating up to ₹28.09 Cr)
Listing Platform	BSE
Registrar	Skyline Financial Services Pvt.Ltd.
LGT Business Connextions IPO RHP	Click Here

Important Dates for LGT Business Connextions IPO Allotment

Event	Date
Tentative Allotment	August 22, 2025
Refunds Initiation	August 25, 2025
Credit of Shares to Demat	August 25, 2025
Listing Date	August 26, 2025

LGT Business Connextions Overview

LGT Business Connextions Limited is a Chennai-based service aggregator in the travel and tourism sector, offering end-to-end solutions across MICE travel, cruise and hotel bookings, sightseeing, visa assistance, and customized tour packages for corporates and individuals. Established in 2016, the company leverages its integrated services to cater to both domestic and international clients, ensuring seamless travel experiences. Its diversified offerings position it as a one-stop solution for business and leisure travel needs. Between FY 2024 and FY 2025, revenue increased by 13% and profit after tax (PAT) rose by 44%, supported by strong operating efficiency and robust demand in the travel and tourism sector.

FAQs (Frequently Asked Questions)

What is the opening and closing date of the LGT Business Connextions IPO?
The LGT Business Connextions IPO opens on August 19, 2025, and closes on August 21, 2025.
What is the price band of the LGT Business Connextions IPO?
The IPO is a fixed-price issue, priced at ₹107 per share.
What is the total issue size of the LGT Business Connextions IPO?
The total issue size is approximately ₹28.09 crores, consisting of a fresh issue of around ₹23.87 crores, offer for sale (OFS) of ₹2.81 crores & ₹1.41 Crores Reserved for Market Maker.
What is the expected listing date of LGT Business Connextions?
The shares are expected to be listed on BSE SME on August 26, 2025.
What is the Grey Market Premium (GMP) of the LGT Business Connextions IPO today?
The current Grey Market Premium (GMP) for the IPO is nil (₹0), indicating no premium.

August 22, 2025

Shreeji Shipping Allotment IPO Status: Check Latest GMP, Steps to Verify Status

Shreeji Shipping Global Limited, a leading player in dry-bulk logistics across non-major ports in India and Sri Lanka, has launched its ₹411 crore IPO, consisting entirely of a fresh issue of 1.63 crore equity shares. The issue opened for subscription on August 19, 2025, at a price band of ₹240 to ₹252 per share, and closed on August 21, 2025. Post allotment, the company’s shares are scheduled to be listed on both the BSE and NSE on August 26, 2025.

Shreeji Shipping IPO Day 3 Subscription Status

The Shreeji Shipping IPO witnessed an overwhelming response on the final day, with an overall subscription of 58.08 times. The issue was led by Qualified Institutional Buyers (110.41 times), followed by Non-Institutional Investors (72.70 times). The Retail Investor category also saw strong demand, being subscribed 21.92 times.

Investor Category	Subscription (x)
Qualified Institutional Buyers (QIB)	110.41
Non-Institutional Investors (NII)	72.70
bNII (above ₹10 lakh)	72.86
sNII (less than ₹10 lakh)	72.37
Retail Individual Investors (RII)	21.92
Total Subscriptions	58.08

Total Applications: 19,98,034

Total Bid Amount (₹ Crores): 16,699

How to Check Shreeji Shipping IPO Allotment Status

Shreeji Shipping Global IPO allotment can be easily checked online in two ways: from the Registrar’s website and from the BSE or NSE website. This IPO will be listed on both the exchanges – BSE and NSE, so the allotment status will be available to all investors on both platforms.

Method 1: Registrar’s website (Bigshare Services Pvt. Ltd.)

The most reliable way is to check allotment from Bigshare Services Pvt. Limited’s website.

How to do:

Visit Bigshare Services official website
Select “Shreeji Shipping Global Ltd.” from the IPO list
Enter your details PAN number, Application number, or DP/Client ID
Click on Submit
You will see the allotment status on the screen.

Method 2: Check from BSE or NSE’s website

If there is more traffic on the registrar’s website, allotment status can also be checked from BSE or NSE.

How to do:

Visit BSE or NSE’s official website
Select ‘Equity’ segment
Select “Shreeji Shipping Global Ltd.” from the IPO list
Enter PAN number and Application number
Click on Search

Objective of the Shreeji Shipping Global IPO

Shreeji Shipping Global Limited intends to utilize the net proceeds from the fresh issue primarily for expansion and strengthening of its fleet through the acquisition of dry bulk carriers in the Supramax category, for partial repayment or prepayment of certain outstanding borrowings, and for general corporate purposes.

Use of IPO Proceeds	Amount (₹ Cr)
Acquisition of Dry Bulk Carriers in Supramax category in the secondary market	251.18
Pre-payment/ re-payment, in part or full, of certain outstanding borrowings availed by the Company	23
General Corporate Purposes	–

Shreeji Shipping IPO GMP – Day 3 Update

The grey market premium (GMP) of Shreeji Shipping IPO is ₹38, as on 5:00 PM August 21, 2025. The upper limit of the price band is ₹252, and the estimated listing price as per today’s GMP can be ₹290, giving a potential gain of around 15.08% per share.

Date	GMP	Est. Listing Price	Gain
21-08-2025 (DAY 3)	₹38	₹290	15.08%

Shreeji Shipping IPO – Key Details

Particulars	Details
IPO Opening Date	August 19, 2025
IPO Closing Date	August 21, 2025
Issue Price Band	₹240 to ₹252 per share
Total Issue Size	1,62,98,000 shares(aggregating up to ₹410.71 Cr)
Listing Platform	BSE, NSE
Registrar	Bigshare Services Private Limited
Shreeji Shipping IPO RHP	Click Here

Important Dates for Shreeji Shipping IPO Allotment

Event	Date
Tentative Allotment	August 22, 2025
Refunds Initiation	August 25, 2025
Credit of Shares to Demat	August 25, 2025
Listing Date	August 26, 2025

Shreeji Shipping Overview

Shreeji Shipping Global Limited is an integrated shipping and logistics service provider specializing in dry bulk cargo handling across ports and jetties in India and Sri Lanka. With over three decades of industry experience, the company operates a fleet of 80+ vessels, 370+ earthmoving equipment, and offers end-to-end solutions including lighterage, stevedoring, cargo management, transportation, fleet chartering, and equipment rentals. Focused on non-major ports, particularly along India’s west coast, Shreeji serves diverse sectors such as oil and gas, energy, FMCG, coal, and metals. For FY 2025, it reported revenues of ₹6,076.13 million and PAT of ₹1,412.37 million.

Frequently Asked Questions (FAQs)

What is the opening and closing date of Shreeji Shipping IPO?
Shreeji Shipping IPO is open on 19 August 2025 and will close on 21 August 2025.
What is the price band of the Shreeji Shipping IPO?
Its price band is fixed from ₹240 to ₹252 per share.
What is the GMP (Grey Market Premium) of Shreeji Shipping IPO today?
The GMP on 21 August 2025 is ₹38, which leads to a possible listing price of ₹290.
What is the total issue size of Shreeji Shipping IPO?
The total issue size of the Shreeji Shipping IPO is ₹410.71 crore, which is entirely a fresh issue.
What is the expected listing date of Shreeji Shipping?
This IPO is expected to be listed on BSE and NSE on August 26, 2025.

August 21, 2025

Vikram Solar Allotment IPO Status: Check Latest GMP, Steps to Verify Status

Vikram Solar Limited, a major player in solar photovoltaic manufacturing in India, has launched its ₹2,079 crore IPO, comprising a fresh issue of ₹1,500 crore and an offer for sale of ₹579 crore. The issue opens for subscription on August 19, 2025, at a price band of ₹315 to ₹332 per share, and closes on August 21, 2025. Post allotment, the company’s shares are expected to be listed on both the BSE and NSE on August 26, 2025.

Vikram Solar IPO Day 3 Subscription Status

Vikram Solar IPO witnessed a massive response on the final day, with an overall subscription of 56.42 times. The issue was driven by strong demand from Qualified Institutional Buyers (145.10 times), followed by Non-Institutional Investors (52.87 times). The Retail Investor category was subscribed 7.98 times, while the employee quota stood at 5.10 times.

Investor Category	Subscription (x)
Qualified Institutional Buyers (QIB)	145.10
Non-Institutional Investors (NII)	52.87
bNII (above ₹10 lakh)	59.58
sNII (less than ₹10 lakh)	39.46
Retail Individual Investors (RII)	7.98
Employees	5.10
Total Subscriptions	56.42

Total Applications: 35,06,503

Total Bid Amount (₹ crores): 82,296

How to Check Vikram Solar IPO Allotment Status

Vikram Solar IPO allotment can be easily checked online in two ways: from the Registrar’s website and from the BSE or NSE website. This IPO will be listed on both the exchanges – BSE and NSE, so the allotment status will be available to all investors on both platforms.

Method 1: Registrar’s website (MUFG Intime India Pvt. Ltd.)

The most reliable way is to check allotment from MUFG Intime India Private Limited’s website.

How to do:

Visit MUFG Intime’s official website
Select “Vikram Solar Ltd.” from the IPO list
Enter your details PAN number, Application number, or DP/Client ID
Click on Submit
You will see the allotment status on the screen.

Method 2: Check from BSE or NSE’s website

If there is more traffic on the registrar’s website, allotment status can also be checked from BSE or NSE.

How to do:

Visit BSE or NSE’s official website
Select ‘Equity’ segment
Select “Vikram Solar Ltd.” from the IPO list
Enter PAN number and Application number
Click on Search

Objective of the Vikram Solar IPO

Vikram Solar Limited intends to utilize the net proceeds from the fresh issue towards funding capital expenditure for its Phase I and Phase II projects, along with meeting general corporate purposes.

Use of IPO Proceeds	Amount (₹ Cr)
Partial funding of capital expenditure for the Phase-I Project	769.73
Funding of capital expenditure for the Phase-II Project	595.21
General Corporate Purposes	–

Vikram Solar IPO GMP – Day 3 Update

The grey market premium (GMP) of Vikram Solar IPO is ₹51, as on 5:00 PM August 21, 2025. The upper limit of the price band is ₹332, and the estimated listing price as per today’s GMP can be ₹383, giving a potential gain of around 15.36% per share.

Date	GMP	Est. Listing Price	Gain
21-08-2025 (DAY 3)	₹51	₹383	15.36%

Vikram Solar IPO – Key Details

Particulars	Details
IPO Opening Date	August 19, 2025
IPO Closing Date	August 21, 2025
Issue Price Band	₹315 to ₹332 per share
Total Issue Size	6,26,31,604 shares(aggregating up to ₹2,079.37 Cr)
Listing Platform	BSE, NSE
Registrar	MUFG Intime India Private Limited
Vikram Solar IPO RHP	Click Here

Important Dates for Vikram Solar IPO Allotment

Event	Date
Tentative Allotment	August 22, 2025
Refunds Initiation	August 25, 2025
Credit of Shares to Demat	August 25, 2025
Listing Date	August 26, 2025

Vikram Solar Overview

Vikram Solar Limited is one of India’s largest solar photovoltaic (PV) module manufacturers, with over 17 years of industry experience. As of March 31, 2025, the company has an installed manufacturing capacity of 4.5 GW, strategically located in West Bengal and Tamil Nadu, and is expanding to 20.5 GW by FY 2027. Its product portfolio includes high-efficiency Mono-PERC, N-Type, and HJT solar modules, supported by strong R&D and global certifications. Vikram Solar also provides EPC and O&M services and exports to over 39 countries, serving marquee clients worldwide while maintaining a strong domestic presence.

Frequently Asked Questions (FAQs)

What is the opening and closing date of Vikram Solar IPO?
Vikram Solar IPO is open on 19 August 2025 and will close on 21 August 2025.
What is the price band of the Vikram Solar IPO?
Its price band is fixed from ₹315 to ₹332 per share.
What is the GMP (Grey Market Premium) of Vikram Solar IPO today?
The GMP on 21 August 2025 is ₹51, which leads to a possible listing price of ₹383.
What is the total issue size of Vikram Solar IPO?
The total issue size of the Vikram Solar IPO is ₹2,079.37 crore, consisting of ₹1,500 crore of fresh issue and ₹579.37 crore of offer for sale.
What is the expected listing date of Vikram Solar?
This IPO is expected to be listed on BSE and NSE on August 26, 2025.

August 21, 2025

How to Check Patel Retail IPO Allotment Status?

Patel Retail Limited, a Maharashtra-based supermarket operator, has launched its ₹243 crore IPO, comprising a fresh issue and an offer for sale. The issue opened for subscription on August 19, 2025, at a price band of ₹237 to ₹255 per share, and closed on August 21, 2025. Following allotment, the company’s shares are set to be listed on both the BSE and NSE on August 26, 2025.

Patel Retail IPO Day 3 Subscription Status

Patel Retail IPO witnessed an overwhelming response on the final day, with an overall subscription of 95.69 times. The issue was driven mainly by Qualified Institutional Buyers (272.14 times), followed by strong demand from Non-Institutional Investors (108.11 times) and Retail Investors (42.55 times). The employee quota was also oversubscribed at 25.29 times.

Investor Category	Subscription (x)
Qualified Institutional Buyers (QIB)	272.14
Non-Institutional Investors (NII)	108.11
bNII (above ₹10 lakh)	102.09
sNII (less than ₹10 lakh)	120.17
Retail Individual Investors (RII)	42.55
Employees	25.29
Total Subscriptions	95.69

Total Applications: 28,00,638

Total Bid Amount (in ₹ crore): 19,080

How to Check Patel Retail IPO Allotment Status

Patel Retail IPO allotment can be easily checked online in two ways: from the Registrar’s website and from the BSE or NSE website. This IPO will be listed on both the exchanges – BSE and NSE, so the allotment status will be available to all investors on both platforms.

Method 1: Registrar’s website (Bigshare Services Pvt. Ltd.)

The most reliable way is to check allotment from Bigshare Services Pvt. Limited’s website.

How to do:

Visit Bigshare Services official website
Select “Patel Retail Ltd.” from the IPO list
Enter your details PAN number, Application number, or DP/Client ID
Click on Submit
You will see the allotment status on the screen.

Method 2: Check from BSE or NSE’s website

If there is more traffic on the registrar’s website, allotment status can also be checked from BSE or NSE.

How to do:

Visit BSE or NSE’s official website
Select ‘Equity’ segment
Select “Patel Retail Ltd.” from the IPO list
Enter PAN number and Application number
Click on Search

Objective of the Patel Retail IPO

Patel Retail Limited intends to utilize the net proceeds from the IPO towards repayment or prepayment of certain outstanding borrowings, meeting its working capital requirements, and for general corporate purposes.

Use of IPO Proceeds	Amount (₹ Cr)
Repayment/prepayment, in full or part, of certain borrowings availed of by the Company.	59
Funding of working capital requirements of the Company	115
General Corporate Purposes	–

Patel Retail IPO GMP – Day 3 Update

The grey market premium (GMP) of Patel Retail IPO is ₹50, as on 5:00 PM August 21, 2025. The upper limit of the price band is ₹255, and the estimated listing price as per today’s GMP can be ₹305, giving a potential gain of around 19.61% per share.

Date	GMP	Est. Listing Price	Gain
21-08-2025 (DAY 3)	₹50	₹305	19.61%

Patel Retail IPO – Key Details

Particulars	Details
IPO Opening Date	August 19, 2025
IPO Closing Date	August 21, 2025
Issue Price Band	₹237 to ₹255 per share
Total Issue Size	95,20,000 shares(aggregating up to ₹242.76 Cr)
Listing Platform	BSE, NSE
Registrar	Bigshare Services Private Limited
Patel Retail IPO RHP	Click Here

Important Dates for Patel Retail IPO Allotment

Event	Date
Tentative Allotment	August 22, 2025
Refunds Initiation	August 25, 2025
Credit of Shares to Demat	August 25, 2025
Listing Date	August 26, 2025

Patel Retail Overview

Patel Retail Limited is a value-focused supermarket chain operating under the brand “Patel’s R Mart,” primarily in tier-III cities and suburban areas of Maharashtra. Incorporated in 2008, the company manages 43 stores with a retail area of about 1.79 lakh sq. ft., offering over 10,000 SKUs across food, FMCG, general merchandise, and apparel. It has also developed private label brands such as Patel Fresh, Indian Chaska, Blue Nation, and Patel Essentials. Through backward integration, Patel Retail operates modern processing and agri-processing facilities in Maharashtra and Gujarat, supporting retail, exports to over 35 countries, and bulk agri-commodity trading.

Frequently Asked Questions (FAQs)

What is the opening and closing date of Patel Retail IPO?
Patel Retail IPO is open on 19 August 2025 and will close on 21 August 2025.
What is the price band of the Patel Retail IPO?
Its price band is fixed from ₹237 to ₹255 per share.
What is the GMP (Grey Market Premium) of Patel Retail IPO today?
The GMP on 21 August 2025 is ₹50, which leads to a possible listing price of ₹305.
What is the total issue size of Patel Retail IPO?
The total issue size of the Patel Retail IPO is ₹242.76 crore, consisting of 217.21 crore of fresh issue and 25.55 crore of offer for sale.
What is the expected listing date of Patel Retail?
This IPO is expected to be listed on BSE and NSE on August 26, 2025.

August 21, 2025

Shreeji Shipping IPO Day 2: Check GMP, Subscription Status & Key Highlights

Shreeji Shipping Global Limited, a leading player in dry-bulk logistics across non-major ports in India and Sri Lanka, has launched its ₹411 crore IPO, consisting entirely of a fresh issue of 1.63 crore equity shares. The issue opens for subscription on August 19, 2025, at a price band of ₹240 to ₹252 per share, and closes on August 21, 2025. Post allotment, the company’s shares are scheduled to be listed on both the BSE and NSE on August 26, 2025.

Shreeji Shipping IPO Day 2 Subscription Status

The Shreeji Shipping IPO was subscribed 6.59 times on the second day, with non-institutional investors leading at 11.22 times and retail investors at 6.99 times, while QIBs subscribed 2.42 times.

Investor Category	Subscription (x)
Qualified Institutional Buyers (QIB)	2.42
Non-Institutional Investors (NII)	11.22
bNII (above ₹10 lakh)	9.60
sNII (less than ₹10 lakh)	14.47
Retail Individual Investors (RII)	6.99
Total Subscriptions	6.59

Total Applications: 6,20,002

Total Bid Amount (₹ Crores): 1,895

Objective of the Shreeji Shipping Global IPO

Use of IPO Proceeds	Amount (₹ Cr)
Acquisition of Dry Bulk Carriers in Supramax category in the secondary market	251.18
Pre-payment/ re-payment, in part or full, of certain outstanding borrowings availed by the Company	23
General Corporate Purposes	–

Shreeji Shipping IPO GMP – Day 2 Update

The grey market premium (GMP) of Shreeji Shipping IPO is ₹35, as on 5:00 PM August 20, 2025. The upper limit of the price band is ₹252, and the estimated listing price as per today’s GMP can be ₹287, giving a potential gain of around 13.89% per share.

Date	GMP	Est. Listing Price	Gain
20-08-2025 (DAY 1)	₹35	₹287	13.89%

Shreeji Shipping IPO – Key Details

Particulars	Details
IPO Opening Date	August 19, 2025
IPO Closing Date	August 21, 2025
Issue Price Band	₹240 to ₹252 per share
Total Issue Size	1,62,98,000 shares(aggregating up to ₹410.71 Cr)
Listing Platform	BSE, NSE
Registrar	Bigshare Services Private Limited
Shreeji Shipping IPO RHP	Click Here

Important Dates for Shreeji Shipping IPO Allotment

Event	Date
Tentative Allotment	August 22, 2025
Refunds Initiation	August 25, 2025
Credit of Shares to Demat	August 25, 2025
Listing Date	August 26, 2025

Shreeji Shipping Overview

Easy Steps to Apply for Shreeji Shipping IPO via Pocketful

Step 1 : Install the Pocketful Application from Play Store or App Store

Step 2 : Sign up and complete your KYC requirements

Step 3 : Go to the IPO section from the home page

Step 4 : Look for “Shreeji Shipping” in the list

Step 5 : Tap on Apply and enter your bid details

Frequently Asked Questions (FAQs)

What is the opening and closing date of Shreeji Shipping IPO?
Shreeji Shipping IPO is open on 19 August 2025 and will close on 21 August 2025.
What is the price band of the Shreeji Shipping IPO?
Its price band is fixed from ₹240 to ₹252 per share.
What is the GMP (Grey Market Premium) of Shreeji Shipping IPO today?
The GMP on 20 August 2025 is ₹35, which leads to a possible listing price of ₹287.
What is the total issue size of Shreeji Shipping IPO?
The total issue size of the Shreeji Shipping IPO is ₹410.71 crore, which is entirely a fresh issue.
What is the expected listing date of Shreeji Shipping?
This IPO is expected to be listed on BSE and NSE on August 26, 2025.

August 20, 2025

Vikram Solar IPO Day 2: Check GMP, Subscription Status & Key Highlights

Vikram Solar IPO Day 2 Subscription Status

Vikram Solar IPO was subscribed 4.73 times on the second day, led by non-institutional investors at 13.51 times and retail investors at 3.62 times, while QIBs subscribed 0.12 times.

Investor Category	Subscription (x)
Qualified Institutional Buyers (QIB)	0.12
Non-Institutional Investors (NII)	13.51
bNII (above ₹10 lakh)	13.35
sNII (less than ₹10 lakh)	13.85
Retail Individual Investors (RII)	3.62
Employees	2.49
Total Subscriptions	4.73

Total Applications: 15,25,121

Total Bid Amount (₹ crores): 6,891

Objective of the Vikram Solar IPO

Vikram Solar Limited intends to utilize the net proceeds from the fresh issue towards funding capital expenditure for its Phase I and Phase II projects, along with meeting general corporate purposes.

Use of IPO Proceeds	Amount (₹ Cr)
Partial funding of capital expenditure for the Phase-I Project	769.73
Funding of capital expenditure for the Phase-II Project	595.21
General Corporate Purposes	–

Vikram Solar IPO GMP – Day 2 Update

The grey market premium (GMP) of Vikram Solar IPO is ₹48, as on 5:00 PM August 20, 2025. The upper limit of the price band is ₹332, and the estimated listing price as per today’s GMP can be ₹380, giving a potential gain of around 14.46% per share.

Date	GMP	Est. Listing Price	Gain
20-08-2025 (DAY 2)	₹48	₹380	14.46%

Vikram Solar IPO – Key Details

Particulars	Details
IPO Opening Date	August 19, 2025
IPO Closing Date	August 21, 2025
Issue Price Band	₹315 to ₹332 per share
Total Issue Size	6,26,31,604 shares(aggregating up to ₹2,079.37 Cr)
Listing Platform	BSE, NSE
Registrar	MUFG Intime India Private Limited
Vikram Solar IPO RHP	Click Here

Important Dates for Vikram Solar IPO Allotment

Event	Date
Tentative Allotment	August 22, 2025
Refunds Initiation	August 25, 2025
Credit of Shares to Demat	August 25, 2025
Listing Date	August 26, 2025

Vikram Solar Overview

Easy Steps to Apply for Vikram Solar IPO via Pocketful

Step 1 : Install the Pocketful Application from Play Store or App Store

Step 2 : Sign up and complete your KYC requirements

Step 3 : Go to the IPO section from the home page

Step 4 : Look for “Vikram Solar” in the list

Step 5 : Tap on Apply and enter your bid details

Frequently Asked Questions (FAQs)

What is the opening and closing date of Vikram Solar IPO?
Vikram Solar IPO is open on 19 August 2025 and will close on 21 August 2025.
What is the price band of the Vikram Solar IPO?
Its price band is fixed from ₹315 to ₹332 per share.
What is the GMP (Grey Market Premium) of Vikram Solar IPO today?
The GMP on 20 August 2025 is ₹48, which leads to a possible listing price of ₹380.
What is the total issue size of Vikram Solar IPO?
The total issue size of the Vikram Solar IPO is ₹2,079.37 crore, consisting of ₹1,500 crore of fresh issue and ₹579.37 crore of offer for sale.
What is the expected listing date of Vikram Solar?
This IPO is expected to be listed on BSE and NSE on August 26, 2025.

August 20, 2025

Patel Retail IPO Day 2: Check GMP, Subscription Status & Key Highlights

Patel Retail Limited, a Maharashtra-based supermarket operator, has launched its ₹243 crore IPO, comprising a fresh issue and an offer for sale. The issue opens for subscription on August 19, 2025, at a price band of ₹237 to ₹255 per share, and closes on August 21, 2025. Following allotment, the company’s shares are set to be listed on both the BSE and NSE on August 26, 2025.

Patel Retail IPO Day 2 Subscription Status

On the second day, Patel Retail IPO was subscribed 19.51 times overall. Non-institutional investors led with 26.09 times, including 34.11 times in the small NII category. Qualified institutional buyers subscribed 17.14 times, while retail investors and employees subscribed 16.60 times and 9.56 times, respectively.

Investor Category	Subscription (x)
Qualified Institutional Buyers (QIB)	17.14
Non-Institutional Investors (NII)	26.09
bNII (above ₹10 lakh)	22.09
sNII (less than ₹10 lakh)	34.11
Retail Individual Investors (RII)	16.60
Employees	9.56
Total Subscriptions	19.51

Total Applications: 10,77,268

Total Bid Amount (in ₹ crore): 3,889

Objective of the Patel Retail IPO

Use of IPO Proceeds	Amount (₹ Cr)
Repayment/prepayment, in full or part, of certain borrowings availed of by the Company.	59
Funding of working capital requirements of the Company	115
General Corporate Purposes	–

Patel Retail IPO GMP – Day 2 Update

The grey market premium (GMP) of Patel Retail IPO is ₹49, as on 5:00 PM August 20, 2025. The upper limit of the price band is ₹255, and the estimated listing price as per today’s GMP can be ₹304, giving a potential gain of around 19.22% per share.

Date	GMP	Est. Listing Price	Gain
20-08-2025 (DAY 2)	₹49	₹304	19.22%

Patel Retail IPO – Key Details

Particulars	Details
IPO Opening Date	August 19, 2025
IPO Closing Date	August 21, 2025
Issue Price Band	₹237 to ₹255 per share
Total Issue Size	95,20,000 shares(aggregating up to ₹242.76 Cr)
Listing Platform	BSE, NSE
Registrar	Bigshare Services Private Limited
Patel Retail IPO RHP	Click Here

Important Dates for Patel Retail IPO Allotment

Event	Date
Tentative Allotment	August 22, 2025
Refunds Initiation	August 25, 2025
Credit of Shares to Demat	August 25, 2025
Listing Date	August 26, 2025

Patel Retail Overview

Easy Steps to Apply for Patel Retail IPO via Pocketful

Step 1 : Install the Pocketful Application from Play Store or App Store

Step 2 : Sign up and complete your KYC requirements

Step 3 : Go to the IPO section from the home page

Step 4 : Look for “Patel Retail” in the list

Step 5 : Tap on Apply and enter your bid details

Frequently Asked Questions (FAQs)

What is the opening and closing date of Patel Retail IPO?
Patel Retail IPO is open on 19 August 2025 and will close on 21 August 2025.
What is the price band of the Patel Retail IPO?
Its price band is fixed from ₹237 to ₹255 per share.
What is the GMP (Grey Market Premium) of Patel Retail IPO today?
The GMP on 20 August 2025 is ₹49, which leads to a possible listing price of ₹304.
What is the total issue size of Patel Retail IPO?
The total issue size of the Patel Retail IPO is ₹242.76 crore, consisting of 217.21 crore of fresh issue and 25.55 crore of offer for sale.
What is the expected listing date of Patel Retail?
This IPO is expected to be listed on BSE and NSE on August 26, 2025.

August 20, 2025

Category: IPO

Classic Electrodes IPO – Day 1 Subscription Status

Objective of the Classic Electrodes IPO

Classic Electrodes IPO GMP – Day 1 Update

Classic Electrodes (India) Ltd. IPO – Key Details

Important Dates for Classic Electrodes IPO Allotment

Classic Electrodes (India) Ltd. Overview

Easy Steps to Apply for Classic Electrodes IPO via Pocketful

Frequently Asked Questions (FAQs)

What are the opening and closing dates of Classic Electrodes IPO?

What is the price band for the IPO?

What is the issue size of the IPO?

When will the shares be listed?

What is the GMP of Classic Electrodes IPO on Day 1?

Mangal Electrical IPO – Day 3 Subscription Status

How to Check Mangal Electrical IPO Allotment Status

Method 1: Registrar’s Website

Method 2: BSE Website

Objective of the Mangal Electrical IPO

Mangal Electrical IPO GMP – Day 3 Update

Mangal Electrical IPO – Key Details

Important Dates for Mangal Electrical IPO Allotment

Mangal Electrical Overview

Frequently Asked Questions (FAQs)

What are the opening and closing dates of the Mangal Electrical IPO?

What is the price band of the IPO?

What is the issue size of the IPO?

When will the shares list?

What are the objectives of the IPO?

Gem Aromatics IPO – Day 3 Subscription Status

How to Check Gem Aromatics IPO Allotment Status

Method 1: Registrar’s Website (Kfin Technologies Ltd.)

Method 2: BSE or NSE Website

Objective of the Gem Aromatics IPO

Gem Aromatics IPO GMP – Day 3 Update

Gem Aromatics IPO – Key Details

Important Dates for Gem Aromatics IPO Allotment

Gem Aromatics Overview

Frequently Asked Questions (FAQs)

Q1. What is the opening and closing date of the Gem Aromatics IPO?

What is the price band of the Gem Aromatics IPO?

What is the total issue size of the Gem Aromatics IPO?

What is the expected listing date of Gem Aromatics?

What are the objectives of the Gem Aromatics IPO?

LGT Business Connextions IPO Day 3 Subscription Status

How to Check LGT Business Connextions IPO Allotment Status

Method 1: Registrar’s Website (Skyline Financial Services Pvt. Ltd.)

Method 2: BSE Website

Objective of the LGT Business Connextions IPO

LGT Business Connextions IPO GMP – Day 3 Update

LGT Business Connextions IPO – Key Details

Important Dates for LGT Business Connextions IPO Allotment

LGT Business Connextions Overview

FAQs (Frequently Asked Questions)

What is the opening and closing date of the LGT Business Connextions IPO?

What is the price band of the LGT Business Connextions IPO?

What is the total issue size of the LGT Business Connextions IPO?

What is the expected listing date of LGT Business Connextions?

What is the Grey Market Premium (GMP) of the LGT Business Connextions IPO today?

Shreeji Shipping IPO Day 3 Subscription Status

How to Check Shreeji Shipping IPO Allotment Status

Method 1: Registrar’s website (Bigshare Services Pvt. Ltd.)

How to do:

Method 2: Check from BSE or NSE’s website

How to do:

Objective of the Shreeji Shipping Global IPO

Shreeji Shipping IPO GMP – Day 3 Update

Shreeji Shipping IPO – Key Details

Important Dates for Shreeji Shipping IPO Allotment

Shreeji Shipping Overview

Frequently Asked Questions (FAQs)

What is the opening and closing date of Shreeji Shipping IPO?

What is the price band of the Shreeji Shipping IPO?

What is the GMP (Grey Market Premium) of Shreeji Shipping IPO today?

What is the total issue size of Shreeji Shipping IPO?

What is the expected listing date of Shreeji Shipping?

Vikram Solar IPO Day 3 Subscription Status

How to Check Vikram Solar IPO Allotment Status

Method 1: Registrar’s website (MUFG Intime India Pvt. Ltd.)

How to do: