IPO Guru
Bajaj
Listed

Affle (India) IPO GMP History

Affle (India) IPO has been listed on August 8, 2019 at a listing price of ₹926, against the issue price of ₹745 — a gain of ₹181 (+24.3%). The GMP peaked at ₹205 on 7 August 2019 and reached a low of ₹145 on 28 July 2019. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.

Affle (India) IPO raised ₹459 Cr. through its IPO at a price band of ₹740 to ₹745 per share, with a lot size of 20 shares. The IPO was open for subscription from 29 Jul 2019 to 31 Jul 2019.

Abhishek Vohera, Founder of IPO Guru 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, 3:12 PM IST.

Peak GMP
₹205
07 Aug 2019
Lowest GMP
₹145
28 Jul 2019
Direction
— stable
Latest day vs the day before

Day-wise GMP

The last reading of each day, newest first. Arrows compare with the previous day.

Date GMP ↑↓ % Kostak Sub. Sauda
07 Aug 2019 ₹ 205 — 28% — —
06 Aug 2019 ₹ 205 ▲ 28% — —
05 Aug 2019 ₹ 185 — 25% — —
04 Aug 2019 ₹ 185 — 25% — —
03 Aug 2019 ₹ 185 — 25% — —
02 Aug 2019 ₹ 185 — 25% — —
01 Aug 2019 ₹ 185 ▼ 25% — —
31 Jul 2019 ₹ 205 — 28% — —
30 Jul 2019 ₹ 205 — 28% — —
29 Jul 2019 ₹ 205 ▲ 28% — —
28 Jul 2019 ₹ 145 — 19% — —
27 Jul 2019 ₹ 145 — 19% — —
26 Jul 2019 ₹ 145 ▼ 19% — —
25 Jul 2019 ₹ 175 — 23% — —
24 Jul 2019 ₹ 175 — 23% — —
23 Jul 2019 ₹ 175 — 23% — —

Affle (India) IPO dates

Key dates from opening to listing. Today is 14 November.

Key dates Listed
  1. Open 29 Jul 2019
  2. Close 31 Jul 2019
  3. Allotment 05 Aug 2019
  4. Refund/credit 06 Aug 2019
  5. Listing 08 Aug 2019

Affle (India) IPO actual listing price

How the grey market's final call compared with the listing-day open.

Issue price₹745
GMP-based estimate (pre-listing)₹950 (+27.5%)
Listing gain / loss +₹181 per share
Listing date08 Aug, 2019
Actual listing price ₹926 (+24.3%)

Is Affle (India) IPO GMP reliable?

Grey market premium for Affle (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 Affle (India) IPO full review for a fundamentals-based assessment before making any grey market trades.

Affle (India) IPO Kostak rate explained

Two ways the grey market trades an IPO application before listing.

Kostak
Not available

The Kostak rate for Affle (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.

Subject to Sauda
Not available

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 Affle (India) IPO

Affle (India) Limited is a mobile marketing company. Its promoters are Anuj Khanna Sohum and Affle Holdings.

Its consumer platform is used by advertising agencies of consumer facing companies to deliver mobile ads, while also working to reduce digital ad fraud, respect consumer privacy and improve returns on marketing spend.

It also offers an enterprise platform for businesses.

The IPO was Rs 459 crore, with Rs 90.00 crore of fresh issue and Rs 369.00 crore of offer for sale, at Rs 745, the top of the Rs 740 to Rs 745 band. Most of the fresh money was for working capital.

View full IPO details →

Frequently asked

What is the GMP of Affle (India) IPO?

The current Grey Market Premium (GMP) of Affle (India) IPO is ₹ 205.

What is the Kostak Price of Affle (India) IPO?

Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Affle (India) IPO is not available.

What is the Subject to Sauda Price of Affle (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 Affle (India) IPO?

Affle (India) IPO listed on August 8, 2019 at ₹926, against the issue price of ₹745 — a gain of +24.3%.

How did the GMP of Affle (India) IPO trend before listing?

The GMP of Affle (India) IPO was stable in its final days before listing. The GMP peaked at ₹205 on 7 August 2019. View the day-wise table above for the complete GMP history.

Explore Affle (India) IPO further

The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.

Affle (India) IPO GMP

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.

Join the WhatsApp channel All live IPO GMP

Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.

GMP
₹ 205
Kostak
—
Listed at
₹926
Full IPO details
Advertisement