Adhunik Metaliks IPO GMP History
Adhunik Metaliks IPO has been listed on April 5, 2006 at a listing price of ₹45, against the issue price of ₹37 — a gain of ₹8 (+21.62%). The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Adhunik Metaliks IPO raised ₹100 Cr. through its IPO at a price band of ₹37 to ₹42 per share, with a lot size of 150 shares. The IPO was open for subscription from 13 Mar 2006 to 17 Mar 2006.
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 12 Nov, 8:58 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| No GMP history available yet. | |||||
Adhunik Metaliks IPO dates
Key dates from opening to listing. Today is 12 November.
- Open 13 Mar 2006
- Close 17 Mar 2006
- Allotment TBA
- Refund/credit TBA
- Listing 05 Apr 2006
Adhunik Metaliks IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹37 |
|---|---|
| Listing gain / loss | +₹8 per share |
| Listing date | 05 Apr, 2006 |
| Actual listing price | ₹45 (+21.62%) |
Is Adhunik Metaliks IPO GMP reliable?
Grey market premium for Adhunik Metaliks 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 Adhunik Metaliks IPO full review for a fundamentals-based assessment before making any grey market trades.
Adhunik Metaliks IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Adhunik Metaliks 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 Adhunik Metaliks IPO
Adhunik Metaliks Limited is promoted by six members of the Agarwal family, including Jugal Kishore Agarwal and Ghanshyamdas Agarwal, and two companies, Sungrowth Shares and Stocks Limited and Mahananda Suppliers Limited.
It makes alloy and non-alloy steel products at its plant in Sundergarh, Orissa, near major sources of ore and coal.
It had agreements for power and industrial gases, had been allotted captive coal mines by the Government of Orissa, and employed over 80% of its workers through contractors.
The IPO was Rs 100 crore and was entirely a fresh issue at Rs 37, the bottom of the Rs 37 to Rs 42 band.
Frequently asked
What is the GMP of Adhunik Metaliks IPO?
The current Grey Market Premium (GMP) of Adhunik Metaliks IPO is not yet started or active in the market.
What is the Kostak Price of Adhunik Metaliks IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Adhunik Metaliks IPO is not available.
What is the Subject to Sauda Price of Adhunik Metaliks 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 Adhunik Metaliks IPO?
Adhunik Metaliks IPO listed on April 5, 2006 at ₹45, against the issue price of ₹37 — a gain of +21.62%.
How did the GMP of Adhunik Metaliks IPO trend before listing?
The GMP of Adhunik Metaliks IPO was stable in its final days before listing. View the day-wise table above for the complete GMP history.
Explore Adhunik Metaliks 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.
