Market capitalisation is the post-issue share count in the offer document’s capital structure (45,69,250 shares) multiplied by the upper end of the price band, ₹97. It is arithmetic on those two filed figures, not a valuation.
Detailed financials for this issue aren’t available yet.
The pre-issue register for this issue isn’t available yet.
The founding owners and their group entities.
Post-issue pattern as filed with the BSE. Pre-issue percentages are taken from the disclosure, never estimated.
| Application | Shares | Amount at ₹97 |
|---|---|---|
| Individual investor (min)minimum application | 2,400 | ₹2,32,800 |
The minimum application is 2,400 shares, ₹2,32,800 at the ₹97 cut-off. Since 1 July 2025 SME issues take a minimum application of ₹2,00,000 or more from individual investors; the HNI minimum is set in the RHP. Amounts are shown at the upper band because applications are made at the cut-off price.
Strengths and risk factors from this issue’s prospectus aren’t available yet.
Allotment is decided and published by the issue’s registrar, not by the exchange and not by alphave. For A J Packaging Limited, the registrar is Kfin Technologies Ltd. — allotment is finalised in the days between the issue closing on TBA and listing on 06 Aug 2026.
The registrar publishes allotment on its own portal: KFintech. Your bank will also show the blocked amount released if shares were not allotted.
The A J Packaging Limited IPO price band is ₹92 to ₹97 per share. Applications are made at the cut-off price, which is the upper end of the band.
One lot is 2400 shares, so a single application at the ₹97 cut-off costs ₹2,32,800. One lot already exceeds the ₹2,00,000 retail limit, so this issue can only be applied for in the HNI category.
₹2,32,800 — one lot of 2400 shares at ₹97. Bids in the non-institutional category start above ₹2,00,000 and are made in multiples of the lot.
A J Packaging Limited is an SME issue listing on NSE. SME issues have a larger minimum lot and trade on the exchange's SME platform after listing. The lead manager is Rarever Financial Advisors Pvt. Ltd.
The issue size is ₹36.36 crore, of which ₹36.36 crore is a fresh issue.
The registrar processes the allotment and the refunds. Contact details are as printed in the offer document; the exchange and your broker cannot change an allotment.
Grey Market Premium is the price at which an unlisted IPO application or share changes hands informally, before the stock is listed on the exchange. It is quoted as a rupee figure over the issue price: a premium of ₹40 on a ₹97 upper band means the grey market is dealing at issue price plus that premium.
The grey market is an over-the-counter market between private dealers. It is not operated or supervised by NSE, BSE or SEBI, no trade is settled through a clearing corporation, and no dealer is obliged to publish or honour a quote. Figures are collected by third-party reporters and different sources routinely disagree, which is why a premium can move sharply within a day or vanish entirely once bidding closes.
Grey Market Premium is an unofficial, unregulated over-the-counter datapoint reported by third parties. It is not a price, a forecast, or an indication of listing gains, and is not investment advice.