AU Small Finance Bank IPO GMP History
AU Small Finance Bank IPO has been listed on July 10, 2017 at a listing price of ₹530, against the issue price of ₹358 — a gain of ₹172 (+48.04%). The GMP peaked at ₹112.5 on 21 June 2017 and reached a low of ₹82.5 on 7 July 2017. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
AU Small Finance Bank IPO raised ₹1912.51 Cr. through its IPO at a price band of ₹355 to ₹358 per share, with a lot size of 41 shares. The IPO was open for subscription from 28 Jun 2017 to 30 Jun 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 |
|---|---|---|---|---|---|
| 07 Jul 2017 | ₹ 82.5 | — | 23% | — | — |
| 06 Jul 2017 | ₹ 82.5 | — | 23% | — | — |
| 05 Jul 2017 | ₹ 82.5 | — | 23% | — | — |
| 04 Jul 2017 | ₹ 82.5 | ▼ | 23% | — | — |
| 03 Jul 2017 | ₹ 92.5 | — | 26% | — | — |
| 02 Jul 2017 | ₹ 92.5 | — | 26% | — | — |
| 01 Jul 2017 | ₹ 92.5 | — | 26% | — | — |
| 30 Jun 2017 | ₹ 92.5 | — | 26% | — | — |
| 29 Jun 2017 | ₹ 92.5 | ▼ | 26% | — | — |
| 28 Jun 2017 | ₹ 102.5 | — | 29% | — | — |
| 27 Jun 2017 | ₹ 102.5 | — | 29% | — | — |
| 26 Jun 2017 | ₹ 102.5 | — | 29% | — | — |
| 24 Jun 2017 | ₹ 102.5 | — | 29% | — | — |
| 23 Jun 2017 | ₹ 102.5 | — | 29% | — | — |
| 22 Jun 2017 | ₹ 102.5 | ▼ | 29% | — | — |
| 21 Jun 2017 | ₹ 112.5 | — | 31% | — | — |
| 20 Jun 2017 | ₹ 112.5 | — | 31% | — | — |
| 19 Jun 2017 | ₹ 112.5 | ▲ | 31% | — | — |
| 17 Jun 2017 | ₹ 107.5 | — | 30% | — | — |
| 16 Jun 2017 | ₹ 107.5 | — | 30% | — | — |
| 15 Jun 2017 | ₹ 107.5 | ▲ | 30% | — | — |
| 14 Jun 2017 | ₹ 102.5 | — | 29% | — | — |
| 13 Jun 2017 | ₹ 102.5 | — | 29% | — | — |
| 12 Jun 2017 | ₹ 102.5 | — | 29% | — | — |
| 10 Jun 2017 | ₹ 102.5 | — | 29% | — | — |
AU Small Finance Bank IPO dates
Key dates from opening to listing. Today is 14 November.
- Open 28 Jun 2017
- Close 30 Jun 2017
- Allotment 05 Jul 2017
- Refund/credit 06 Jul 2017
- Listing 10 Jul 2017
AU Small Finance Bank IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹358 |
|---|---|
| GMP-based estimate (pre-listing) | ₹440 (+22.9%) |
| Listing gain / loss | +₹172 per share |
| Listing date | 10 Jul, 2017 |
| Actual listing price | ₹530 (+48.04%) |
Is AU Small Finance Bank IPO GMP reliable?
Grey market premium for AU Small Finance Bank 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 AU Small Finance Bank IPO full review for a fundamentals-based assessment before making any grey market trades.
AU Small Finance Bank IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for AU Small Finance Bank 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 AU Small Finance Bank IPO
AU Small Finance Bank Limited, formerly Au Financiers (India), is based in Jaipur, Rajasthan. Its promoters include Sanjay Agarwal, Jyoti Agarwal and Shakuntala Agarwal.
It focuses on the retail segment, serving low and middle income individuals and businesses with limited or no access to formal banking.
Its three business lines were vehicle finance, loans to micro, small and medium enterprises, and loans to small and medium enterprises. It was converting into a small finance bank around the time of the IPO.
The IPO was Rs 1,912.51 crore and was entirely an offer for sale at Rs 358, the top of the Rs 355 to Rs 358 band, so the company received no money.
Frequently asked
What is the GMP of AU Small Finance Bank IPO?
The current Grey Market Premium (GMP) of AU Small Finance Bank IPO is ₹ 82.5.
What is the Kostak Price of AU Small Finance Bank IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for AU Small Finance Bank IPO is not available.
What is the Subject to Sauda Price of AU Small Finance Bank 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 AU Small Finance Bank IPO?
AU Small Finance Bank IPO listed on July 10, 2017 at ₹530, against the issue price of ₹358 — a gain of +48.04%.
How did the GMP of AU Small Finance Bank IPO trend before listing?
The GMP of AU Small Finance Bank IPO was stable in its final days before listing. The GMP peaked at ₹112.5 on 21 June 2017. View the day-wise table above for the complete GMP history.
Explore AU Small Finance Bank 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.
