Sampat Aluminium IPO Oversubscribed 153.8 Times: ₹102 Crore Company Attracts ₹3,386 Crore in Bids, Modest GMP Signals Market Caution

Sampat Aluminium Ltd, a Gujarat-based manufacturer of aluminium long products, has closed its maiden public offering with a staggering 153.8 times subscription, reflecting robust investor appetite despite modest grey market premium (GMP) signals. The ₹30.53 crore IPO, which opened on September 17 and closed on September 19, 2025, received bids worth ₹3,386.4 crore against an offer size of just ₹102 crore, underscoring the strength of retail and non-institutional investor interest.

The IPO allotment is scheduled to be finalized by September 22, with the company set to debut on the BSE SME platform on September 24. Despite the overwhelming subscription numbers, market observers noted that the GMP hovered around 17–18%, suggesting cautious optimism among grey market traders.

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Sampat Aluminium IPO Subscription Breakdown

The NII segment led the charge, contributing significantly to the oversubscription, followed closely by retail investors who showed strong confidence in the company’s growth potential.

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Sampat Aluminium IPO Key Details

The IPO was a complete fresh issue, with no offer-for-sale component, indicating the company’s intent to raise capital for expansion rather than providing an exit to existing shareholders.

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GMP Trends and Market Sentiment

Despite the triple-digit subscription numbers, the GMP remained relatively subdued, suggesting that while investor demand was high, market sentiment was tempered by valuation concerns or broader SME market volatility.

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Use of IPO Proceeds

The company plans to expand its production capabilities by setting up a new facility in Mehsana, which will enable it to meet rising demand for aluminium wire and rod products across industrial sectors.

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Sampat Aluminium Business Overview

The company operates in a niche segment with strong demand from infrastructure, electrical, and automotive sectors, positioning it well for future growth.

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Anchor Investor Participation

Anchor investors provided early momentum to the IPO, though their participation was modest compared to the overall demand from retail and NII categories.

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Market Maker and Listing Strategy

| Market Maker | Globalworth Securities Ltd | | Reserved Shares | 1,68,000 shares | | Listing Strategy | BSE SME platform |

The company opted for the SME route to tap into a more targeted investor base, with Globalworth Securities acting as the market maker to ensure liquidity post-listing.

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Investor Takeaways and Risk Factors

While the IPO has garnered significant attention, investors are advised to monitor listing day performance and post-issue financial disclosures before making long-term commitments.

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Conclusion: Sampat Aluminium IPO Reflects Strong Demand, But Market Awaits Listing Day Clarity

Sampat Aluminium’s IPO has emerged as one of the most oversubscribed SME offerings of 2025, with a 153.8 times subscription rate and ₹3,386 crore worth of bids. The company’s expansion plans, niche product focus, and strong investor interest signal a promising future. However, the subdued GMP and high entry barrier for retail investors suggest that listing day performance will be crucial in determining the IPO’s long-term success.

As the allotment date approaches, all eyes are on the BSE SME platform, where Sampat Aluminium will make its debut on September 24. Whether the stock delivers on its subscription hype remains to be seen.

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Disclaimer: This article is based on publicly available IPO filings, verified market data, and financial news reports. It is intended for informational purposes only and does not constitute investment, financial, or legal advice. Investors should consult certified financial advisors before making investment decisions.