Aeroflex Industries IPO GMP History
Aeroflex Industries IPO has been listed on August 31, 2023 at a listing price of ₹190, against the issue price of ₹108 — a gain of ₹82 (+75.93%). The GMP peaked at ₹194.73 on 24 August 2023 and reached a low of ₹1.17 on 22 August 2023. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Aeroflex Industries IPO raised ₹351 Cr. through its IPO at a price band of ₹102 to ₹108 per share, with a lot size of 130 shares. The IPO was open for subscription from 22 Aug 2023 to 24 Aug 2023.
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, 6:04 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 24 Aug 2023 | ₹ 194.73 | ▲ | 180% | — | — |
| 23 Aug 2023 | ₹ 8.05 | ▲ | 7% | — | — |
| 22 Aug 2023 | ₹ 1.17 | — | 1% | — | — |
Aeroflex Industries IPO dates
Key dates from opening to listing. Today is 11 November.
- Open 22 Aug 2023
- Close 24 Aug 2023
- Allotment 29 Aug 2023
- Refund/credit 30 Aug 2023
- Listing 31 Aug 2023
Aeroflex Industries IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹108 |
|---|---|
| GMP-based estimate (pre-listing) | ₹302 (+179.6%) |
| Listing gain / loss | +₹82 per share |
| Listing date | 31 Aug, 2023 |
| Actual listing price | ₹190 (+75.93%) |
Is Aeroflex Industries IPO GMP reliable?
Grey market premium for Aeroflex Industries 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 Aeroflex Industries IPO full review for a fundamentals-based assessment before making any grey market trades.
Aeroflex Industries IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Aeroflex Industries 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 Aeroflex Industries IPO
Aeroflex Industries Limited was incorporated as Suyog Intermediates Private Limited on 19 October 1993. It makes and supplies environment friendly metallic flexible flow solution products.
Its range covers braided and unbraided hoses, solar hoses, gas hoses, vacuum hoses, interlock hoses, hose assemblies, exhaust connectors, EGR tubes, expansion bellows, compensators and end fittings. It had more than 1,700 product SKUs on 31 March 2023.
Its manufacturing facility is at Taloja, Navi Mumbai, Maharashtra. It exports to more than 80 countries, and exports made up more than 80% of revenue from operations. Its promoter is Sat Industries Limited.
The IPO was Rs 351 crore, with Rs 162.00 crore of fresh issue and Rs 189.00 crore of offer for sale by Sat Industries. Rs 84.00 crore was planned for working capital and Rs 32.00 crore for repaying borrowings.
Frequently asked
What is the GMP of Aeroflex Industries IPO?
The current Grey Market Premium (GMP) of Aeroflex Industries IPO is ₹ 194.73.
What is the Kostak Price of Aeroflex Industries IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Aeroflex Industries IPO is not available.
What is the Subject to Sauda Price of Aeroflex Industries 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 Aeroflex Industries IPO?
Aeroflex Industries IPO listed on August 31, 2023 at ₹190, against the issue price of ₹108 — a gain of +75.93%.
How did the GMP of Aeroflex Industries IPO trend before listing?
The GMP of Aeroflex Industries IPO was rising in its final days before listing. The GMP peaked at ₹194.73 on 24 August 2023. View the day-wise table above for the complete GMP history.
Explore Aeroflex Industries 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.
