Asahi Songwon Colors IPO GMP History
Asahi Songwon Colors IPO has been listed on June 4, 2007 at a listing price of ₹93, against the issue price of ₹90 — a gain of ₹3 (+3.33%). The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Asahi Songwon Colors IPO raised ₹33.5 Cr. through its IPO at a price band of ₹90 to ₹108 per share, with a lot size of 60 shares. The IPO was open for subscription from 09 May 2007 to 15 May 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, 8:15 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. | |||||
Asahi Songwon Colors IPO dates
Key dates from opening to listing. Today is 13 November.
- Open 09 May 2007
- Close 15 May 2007
- Allotment TBA
- Refund/credit TBA
- Listing 04 Jun 2007
Asahi Songwon Colors IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹90 |
|---|---|
| Listing gain / loss | +₹3 per share |
| Listing date | 04 Jun, 2007 |
| Actual listing price | ₹93 (+3.33%) |
Is Asahi Songwon Colors IPO GMP reliable?
Grey market premium for Asahi Songwon Colors 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 Asahi Songwon Colors IPO full review for a fundamentals-based assessment before making any grey market trades.
Asahi Songwon Colors IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Asahi Songwon Colors 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 Asahi Songwon Colors IPO
Asahi Songwon Colors Limited was incorporated in December 1990 as Lucky Laminates Private Limited and later absorbed Asahi Dyechem. Its promoters are Paru M. Jaykrishna, Gokul M. Jaykrishna and Munjal M. Jaykrishna.
It makes pigments, and DIC of Japan and Clariant Pigment of Korea were also shareholders.
Its installed capacity grew from 180 TPA to 600 TPA and then 900 TPA. Its units are at Padra in Vadodara and Kadi in Mehsana, and its customers included Sun Chemicals, Clariant, DIC and Ciba.
The IPO was a fresh issue of 37,22,222 shares at Rs 90, the bottom of the Rs 90 to Rs 108 band.
Frequently asked
What is the GMP of Asahi Songwon Colors IPO?
The current Grey Market Premium (GMP) of Asahi Songwon Colors IPO is not yet started or active in the market.
What is the Kostak Price of Asahi Songwon Colors IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Asahi Songwon Colors IPO is not available.
What is the Subject to Sauda Price of Asahi Songwon Colors 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 Asahi Songwon Colors IPO?
Asahi Songwon Colors IPO listed on June 4, 2007 at ₹93, against the issue price of ₹90 — a gain of +3.33%.
How did the GMP of Asahi Songwon Colors IPO trend before listing?
The GMP of Asahi Songwon Colors IPO was stable in its final days before listing. View the day-wise table above for the complete GMP history.
Explore Asahi Songwon Colors 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.
