Aasaan Loans IPO GMP History
Aasaan Loans IPO has been listed on June 26, 2024 at a listing price of ₹127, against the issue price of ₹120 — a gain of ₹7 (+5.83%). The GMP peaked at ₹40 on 19 June 2024 and reached a low of ₹15 on 25 June 2024. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Aasaan Loans IPO raised ₹132 Cr. through its IPO at a price band of ₹114 to ₹120 per share, with a lot size of 125 shares. The IPO was open for subscription from 19 Jun 2024 to 21 Jun 2024.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 10 Nov, 6:41 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 25 Jun 2024 | ₹ 15 | ▼ | 12% | — | — |
| 24 Jun 2024 | ₹ 18 | — | 15% | — | — |
| 23 Jun 2024 | ₹ 18 | ▲ | 15% | — | — |
| 22 Jun 2024 | ₹ 15 | ▼ | 12% | — | — |
| 21 Jun 2024 | ₹ 29 | ▼ | 24% | — | — |
| 20 Jun 2024 | ₹ 33 | ▼ | 28% | — | — |
| 19 Jun 2024 | ₹ 40 | ▲ | 33% | — | — |
| 18 Jun 2024 | ₹ 33 | ▲ | 28% | — | — |
| 17 Jun 2024 | ₹ 30 | — | 25% | — | — |
| 16 Jun 2024 | ₹ 30 | — | 25% | — | — |
Aasaan Loans IPO dates
Key dates from opening to listing. Today is 14 November.
- Open 19 Jun 2024
- Close 21 Jun 2024
- Allotment 24 Jun 2024
- Refund/credit 25 Jun 2024
- Listing 26 Jun 2024
Aasaan Loans IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹120 |
|---|---|
| GMP-based estimate (pre-listing) | ₹135 (+12.5%) |
| Listing gain / loss | +₹7 per share |
| Listing date | 26 Jun, 2024 |
| Actual listing price | ₹127 (+5.83%) |
Is Aasaan Loans IPO GMP reliable?
Grey market premium for Aasaan Loans IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Aasaan Loans IPO full review for a fundamentals-based assessment before making any grey market trades.
Aasaan Loans IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Aasaan Loans IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Aasaan Loans IPO
Akme Fintrade (India) Limited was incorporated as Akme Fintrade (India) Private Limited on 5 February 1996. It is an RBI-registered NBFC with over 20 years of lending experience in rural and semi-urban India.
Its portfolio includes vehicle finance and business finance products for small business owners, tailored to rural and semi-urban customers.
It works in Rajasthan, Maharashtra, Madhya Pradesh and Gujarat, with its registered office in Udaipur and corporate office in Mumbai.
The IPO was Rs 132 crore and was entirely fresh issue. Rs 117.94 crore was planned to augment the capital base for future lending.
Frequently asked
What is the GMP of Aasaan Loans IPO?
The current Grey Market Premium (GMP) of Aasaan Loans IPO is ₹ 15.
What is the Kostak Price of Aasaan Loans IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Aasaan Loans IPO is not available.
What is the Subject to Sauda Price of Aasaan Loans IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Aasaan Loans IPO?
Aasaan Loans IPO listed on June 26, 2024 at ₹127, against the issue price of ₹120 — a gain of +5.83%.
How did the GMP of Aasaan Loans IPO trend before listing?
The GMP of Aasaan Loans IPO was falling in its final days before listing. The GMP peaked at ₹40 on 19 June 2024. View the day-wise table above for the complete GMP history.
Explore Aasaan Loans IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
