Aries Agro IPO GMP History
Aries Agro IPO has been listed on January 11, 2008 at a listing price of ₹160, against the issue price of ₹130 — a gain of ₹30 (+23.08%). The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Aries Agro IPO raised ₹58.51 Cr. through its IPO at a price band of ₹120 to ₹130 per share, with a lot size of 50 shares. The IPO was open for subscription from 14 Dec 2007 to 19 Dec 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, 8:16 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. | |||||
Aries Agro IPO dates
Key dates from opening to listing. Today is 13 November.
- Open 14 Dec 2007
- Close 19 Dec 2007
- Allotment 02 Jan 2008
- Refund/credit TBA
- Listing 11 Jan 2008
Aries Agro IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹130 |
|---|---|
| Listing gain / loss | +₹30 per share |
| Listing date | 11 Jan, 2008 |
| Actual listing price | ₹160 (+23.08%) |
Is Aries Agro IPO GMP reliable?
Grey market premium for Aries Agro 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 Aries Agro IPO full review for a fundamentals-based assessment before making any grey market trades.
Aries Agro IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Aries Agro 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 Aries Agro IPO
Aries Agro Limited was incorporated as Aries Agro-Vet Industries Private Limited on 27 November 1969 and has its registered office at Deonar, Mumbai. Its promoters are T. B. Mirchandani, Jimmy Mirchandani and Rahul Mirchandani.
Its branded products fall in 5 categories: multi micronutrient fertilisers, chelated micronutrient fertilisers, speciality soluble fertilisers, anti bacterial products for farming and animal nutrition products. Agromin and Chelamin are among its brands.
Its plants were at Bangalore, Mumbai, Hyderabad and Kolkata, with a total capacity of 21,600 TPA.
The IPO was Rs 58.51 crore and was entirely a fresh issue at Rs 130, the top of the Rs 120 to Rs 130 band. The money was for new plants, working capital, offices and an investment in a UAE company.
Frequently asked
What is the GMP of Aries Agro IPO?
The current Grey Market Premium (GMP) of Aries Agro IPO is not yet started or active in the market.
What is the Kostak Price of Aries Agro IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Aries Agro IPO is not available.
What is the Subject to Sauda Price of Aries Agro 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 Aries Agro IPO?
Aries Agro IPO listed on January 11, 2008 at ₹160, against the issue price of ₹130 — a gain of +23.08%.
How did the GMP of Aries Agro IPO trend before listing?
The GMP of Aries Agro IPO was stable in its final days before listing. View the day-wise table above for the complete GMP history.
Explore Aries Agro 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.
