Apex Frozen Foods IPO GMP History
Apex Frozen Foods IPO has been listed on September 4, 2017 at a listing price of ₹202, against the issue price of ₹175 — a gain of ₹27 (+15.43%). The GMP peaked at ₹47.5 on 16 August 2017 and reached a low of ₹22.5 on 21 August 2017. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Apex Frozen Foods IPO raised ₹152.25 Cr. through its IPO at a price band of ₹171 to ₹175 per share, with a lot size of 80 shares. The IPO was open for subscription from 22 Aug 2017 to 24 Aug 2017.
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, 3:11 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 01 Sep 2017 | ₹ 27.5 | — | 16% | — | — |
| 31 Aug 2017 | ₹ 27.5 | — | 16% | — | — |
| 30 Aug 2017 | ₹ 27.5 | — | 16% | — | — |
| 29 Aug 2017 | ₹ 27.5 | — | 16% | — | — |
| 26 Aug 2017 | ₹ 27.5 | — | 16% | — | — |
| 25 Aug 2017 | ₹ 27.5 | — | 16% | — | — |
| 24 Aug 2017 | ₹ 27.5 | — | 16% | — | — |
| 23 Aug 2017 | ₹ 27.5 | — | 16% | — | — |
| 22 Aug 2017 | ₹ 27.5 | ▲ | 16% | — | — |
| 21 Aug 2017 | ₹ 22.5 | — | 13% | — | — |
| 19 Aug 2017 | ₹ 22.5 | — | 13% | — | — |
| 18 Aug 2017 | ₹ 22.5 | — | 13% | — | — |
| 17 Aug 2017 | ₹ 22.5 | ▼ | 13% | — | — |
| 16 Aug 2017 | ₹ 47.5 | — | 27% | — | — |
| 14 Aug 2017 | ₹ 47.5 | — | 27% | — | — |
| 13 Aug 2017 | ₹ 47.5 | — | 27% | — | — |
| 12 Aug 2017 | ₹ 47.5 | — | 27% | — | — |
Apex Frozen Foods IPO dates
Key dates from opening to listing. Today is 12 November.
- Open 22 Aug 2017
- Close 24 Aug 2017
- Allotment 30 Aug 2017
- Refund/credit 01 Sep 2017
- Listing 04 Sep 2017
Apex Frozen Foods IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹175 |
|---|---|
| GMP-based estimate (pre-listing) | ₹202 (+15.4%) |
| Listing gain / loss | +₹27 per share |
| Listing date | 04 Sep, 2017 |
| Actual listing price | ₹202 (+15.43%) |
Is Apex Frozen Foods IPO GMP reliable?
Grey market premium for Apex Frozen Foods 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 Apex Frozen Foods IPO full review for a fundamentals-based assessment before making any grey market trades.
Apex Frozen Foods IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Apex Frozen Foods 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 Apex Frozen Foods IPO
Apex Frozen Foods Limited produces and exports aquaculture products. Its promoters are Karuturi Satyanarayana Murthy and Karuturi Subrahmanya Chowdary.
It supplies food companies, retail chains, restaurants, club stores and distributors.
It produces two kinds of shrimp, Whiteleg shrimp and Black Tiger shrimp, and sells in the United States, the United Kingdom and European countries.
The IPO was Rs 152.25 crore, with Rs 126.88 crore of fresh issue and Rs 25.38 crore of offer for sale, at Rs 175, the top of the Rs 171 to Rs 175 band. Most of the fresh money was for a new 20,000 MTPA shrimp processing unit in East Godavari, Andhra Pradesh.
Frequently asked
What is the GMP of Apex Frozen Foods IPO?
The current Grey Market Premium (GMP) of Apex Frozen Foods IPO is ₹ 27.5.
What is the Kostak Price of Apex Frozen Foods IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Apex Frozen Foods IPO is not available.
What is the Subject to Sauda Price of Apex Frozen Foods 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 Apex Frozen Foods IPO?
Apex Frozen Foods IPO listed on September 4, 2017 at ₹202, against the issue price of ₹175 — a gain of +15.43%.
How did the GMP of Apex Frozen Foods IPO trend before listing?
The GMP of Apex Frozen Foods IPO was stable in its final days before listing. The GMP peaked at ₹47.5 on 16 August 2017. View the day-wise table above for the complete GMP history.
Explore Apex Frozen Foods 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.
