Advanta India IPO GMP History
Advanta India IPO has been listed on April 19, 2007 at a listing price of ₹665, against the issue price of ₹640 — a gain of ₹25 (+3.91%). The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Advanta India IPO raised ₹216.32 Cr. through its IPO at a price band of ₹600 to ₹650 per share, with a lot size of 10 shares. The IPO was open for subscription from 26 Mar 2007 to 30 Mar 2007.
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, 8:15 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. | |||||
Advanta India IPO dates
Key dates from opening to listing. Today is 12 November.
- Open 26 Mar 2007
- Close 30 Mar 2007
- Allotment 12 Apr 2007
- Refund/credit TBA
- Listing 19 Apr 2007
Advanta India IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹640 |
|---|---|
| Listing gain / loss | +₹25 per share |
| Listing date | 19 Apr, 2007 |
| Actual listing price | ₹665 (+3.91%) |
Is Advanta India IPO GMP reliable?
Grey market premium for Advanta India 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 Advanta India IPO full review for a fundamentals-based assessment before making any grey market trades.
Advanta India IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Advanta India 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 Advanta India IPO
Advanta India Limited was originally incorporated as ITC Zeneca Limited on 24 January 1994. Its promoters are UPL, Jai R. Shroff and Vikram R. Shroff.
It described itself as one of the leading international agronomic seed companies, with main operations in India, Australia, Thailand and Argentina, and as a leader in plant breeding and biotech for new hybrids.
Its crops include sorghum, canola, sunflower, corn, hybrid rice and hybrid mustard, and it sells forage sorghum under the Nutritop brand. As of 31 December 2006 it had 56 employees in research and development.
The IPO was Rs 216.32 crore and was entirely a fresh issue at Rs 640, within the Rs 600 to Rs 650 band.
Frequently asked
What is the GMP of Advanta India IPO?
The current Grey Market Premium (GMP) of Advanta India IPO is not yet started or active in the market.
What is the Kostak Price of Advanta India IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Advanta India IPO is not available.
What is the Subject to Sauda Price of Advanta India 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 Advanta India IPO?
Advanta India IPO listed on April 19, 2007 at ₹665, against the issue price of ₹640 — a gain of +3.91%.
How did the GMP of Advanta India IPO trend before listing?
The GMP of Advanta India IPO was stable in its final days before listing. View the day-wise table above for the complete GMP history.
Explore Advanta India 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.
