BGR Energy Systems IPO GMP History
BGR Energy Systems IPO has been listed on January 3, 2008 at a listing price of ₹840, against the issue price of ₹480 — a gain of ₹360 (+75%). The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
BGR Energy Systems IPO raised ₹438.53 Cr. through its IPO at a price band of ₹425 to ₹480 per share, with a lot size of 14 shares. The IPO was open for subscription from 05 Dec 2007 to 12 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. | |||||
BGR Energy Systems IPO dates
Key dates from opening to listing. Today is 12 November.
- Open 05 Dec 2007
- Close 12 Dec 2007
- Allotment 24 Dec 2007
- Refund/credit TBA
- Listing 03 Jan 2008
BGR Energy Systems IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹480 |
|---|---|
| Listing gain / loss | +₹360 per share |
| Listing date | 03 Jan, 2008 |
| Actual listing price | ₹840 (+75%) |
Is BGR Energy Systems IPO GMP reliable?
Grey market premium for BGR Energy 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 BGR Energy Systems IPO full review for a fundamentals-based assessment before making any grey market trades.
BGR Energy Systems IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for BGR Energy 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 BGR Energy Systems IPO
BGR Energy Systems Limited was incorporated in 1985 as a joint venture between GEA Energietechnik of Germany and its promoter, B. G. Raghupathy, to make on line condenser tube cleaning systems, debris filters and rubber cleaning balls for thermal and nuclear power plants. Its registered office is at Sullurpet, Nellore district, Andhra Pradesh.
In 1993 B. G. Raghupathy and his family became its only shareholders and widened its products and services for the power and oil and gas industries.
On 28 June 2007 it changed its name from GEA Energy System (India) Limited to BGR Energy Systems. It changed its year end from September to March, so its FY2007 covered 18 months.
The IPO was Rs 438.53 crore, with Rs 207.36 crore of fresh issue and Rs 231.17 crore of offer for sale, at Rs 480, the top of the Rs 425 to Rs 480 band. The fresh money was mainly for long term working capital and new factories in India, China and the Middle East.
Frequently asked
What is the GMP of BGR Energy Systems IPO?
The current Grey Market Premium (GMP) of BGR Energy Systems IPO is not yet started or active in the market.
What is the Kostak Price of BGR Energy Systems IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for BGR Energy Systems IPO is not available.
What is the Subject to Sauda Price of BGR Energy 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 BGR Energy Systems IPO?
BGR Energy Systems IPO listed on January 3, 2008 at ₹840, against the issue price of ₹480 — a gain of +75%.
How did the GMP of BGR Energy Systems IPO trend before listing?
The GMP of BGR Energy Systems IPO was stable in its final days before listing. View the day-wise table above for the complete GMP history.
Explore BGR Energy 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.
