Apollo Micro Systems IPO GMP History
Apollo Micro Systems IPO has been listed on January 22, 2018 at a listing price of ₹465, against the issue price of ₹275 — a gain of ₹190 (+69.09%). The GMP peaked at ₹217.5 on 18 January 2018 and reached a low of ₹105 on 5 January 2018. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Apollo Micro Systems IPO raised ₹156 Cr. through its IPO at a price band of ₹270 to ₹275 per share, with a lot size of 50 shares. The IPO was open for subscription from 10 Jan 2018 to 12 Jan 2018.
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 |
|---|---|---|---|---|---|
| 18 Jan 2018 | ₹ 217.5 | — | 79% | — | — |
| 17 Jan 2018 | ₹ 217.5 | ▲ | 79% | — | — |
| 16 Jan 2018 | ₹ 205 | ▲ | 75% | — | — |
| 15 Jan 2018 | ₹ 195 | ▲ | 71% | — | — |
| 13 Jan 2018 | ₹ 165 | ▲ | 60% | — | — |
| 12 Jan 2018 | ₹ 137.5 | — | 50% | — | — |
| 11 Jan 2018 | ₹ 137.5 | — | 50% | — | — |
| 10 Jan 2018 | ₹ 137.5 | — | 50% | — | — |
| 09 Jan 2018 | ₹ 137.5 | — | 50% | — | — |
| 08 Jan 2018 | ₹ 137.5 | ▲ | 50% | — | — |
| 07 Jan 2018 | ₹ 127.5 | — | 46% | — | — |
| 06 Jan 2018 | ₹ 127.5 | ▲ | 46% | — | — |
| 05 Jan 2018 | ₹ 105 | — | 38% | — | — |
Apollo Micro Systems IPO dates
Key dates from opening to listing. Today is 14 November.
- Open 10 Jan 2018
- Close 12 Jan 2018
- Allotment 17 Jan 2018
- Refund/credit 18 Jan 2018
- Listing 22 Jan 2018
Apollo Micro Systems IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹275 |
|---|---|
| GMP-based estimate (pre-listing) | ₹492 (+78.9%) |
| Listing gain / loss | +₹190 per share |
| Listing date | 22 Jan, 2018 |
| Actual listing price | ₹465 (+69.09%) |
Is Apollo Micro Systems IPO GMP reliable?
Grey market premium for Apollo Micro Systems 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 Apollo Micro Systems IPO full review for a fundamentals-based assessment before making any grey market trades.
Apollo Micro Systems IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Apollo Micro Systems 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 Apollo Micro Systems IPO
Apollo Micro Systems Limited is a Hyderabad based company in electronic, electro mechanical and engineering design, manufacture and supply. Its promoter is Karunakar Reddy Baddam.
It designs, develops and sells high performance, mission critical and time critical solutions for defence, space and homeland security.
Its customers include the Ministry of Defence, government owned public sector undertakings and private companies.
The IPO was Rs 156 crore and was entirely fresh issue at Rs 275, the top of the Rs 270 to Rs 275 band. Most of the money was for working capital.
Frequently asked
What is the GMP of Apollo Micro Systems IPO?
The current Grey Market Premium (GMP) of Apollo Micro Systems IPO is ₹ 217.5.
What is the Kostak Price of Apollo Micro Systems IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Apollo Micro Systems IPO is not available.
What is the Subject to Sauda Price of Apollo Micro Systems 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 Apollo Micro Systems IPO?
Apollo Micro Systems IPO listed on January 22, 2018 at ₹465, against the issue price of ₹275 — a gain of +69.09%.
How did the GMP of Apollo Micro Systems IPO trend before listing?
The GMP of Apollo Micro Systems IPO was stable in its final days before listing. The GMP peaked at ₹217.5 on 18 January 2018. View the day-wise table above for the complete GMP history.
Explore Apollo Micro Systems 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.
