Bang Overseas IPO GMP History
Bang Overseas IPO has been listed on February 20, 2008 at a listing price of ₹250, against the issue price of ₹207 — a gain of ₹43 (+20.77%). The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Bang Overseas IPO raised ₹72.45 Cr. through its IPO at a price band of ₹200 to ₹207 per share, with a lot size of 30 shares. The IPO was open for subscription from 28 Jan 2008 to 31 Jan 2008.
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. | |||||
Bang Overseas IPO dates
Key dates from opening to listing. Today is 13 November.
- Open 28 Jan 2008
- Close 31 Jan 2008
- Allotment 12 Feb 2008
- Refund/credit TBA
- Listing 20 Feb 2008
Bang Overseas IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹207 |
|---|---|
| Listing gain / loss | +₹43 per share |
| Listing date | 20 Feb, 2008 |
| Actual listing price | ₹250 (+20.77%) |
Is Bang Overseas IPO GMP reliable?
Grey market premium for Bang Overseas 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 Bang Overseas IPO full review for a fundamentals-based assessment before making any grey market trades.
Bang Overseas IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Bang Overseas 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 Bang Overseas IPO
Bang Overseas Limited was incorporated as Bang Overseas Private Limited on 1 June 1992 and became a public company on 4 February 2005. Its registered office is at Fort, Mumbai, and its promoters are Venugopal Bang and Brijgopal Bang.
It supplies fashion fabrics and ready to wear products to customers in apparel, textile and retail.
It began by trading textiles, and since 1998 has designed fashion fabrics and had them made in countries such as Turkey, Portugal and Mauritius. It later set up its own apparel units.
The IPO was Rs 72.45 crore and was entirely a fresh issue at Rs 207, the top of the Rs 200 to Rs 207 band. The money was for a new apparel plant, retail outlets and brand building, and warehousing.
Frequently asked
What is the GMP of Bang Overseas IPO?
The current Grey Market Premium (GMP) of Bang Overseas IPO is not yet started or active in the market.
What is the Kostak Price of Bang Overseas IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Bang Overseas IPO is not available.
What is the Subject to Sauda Price of Bang Overseas 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 Bang Overseas IPO?
Bang Overseas IPO listed on February 20, 2008 at ₹250, against the issue price of ₹207 — a gain of +20.77%.
How did the GMP of Bang Overseas IPO trend before listing?
The GMP of Bang Overseas IPO was stable in its final days before listing. View the day-wise table above for the complete GMP history.
Explore Bang Overseas 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.
