Tribhovandas Bhimji Zaveri IPO GMP History
Tribhovandas Bhimji Zaveri IPO has been listed on May 9, 2012 at a listing price of ₹115.05, against the issue price of ₹120 — a loss of ₹4.95 (-4.13%). The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Tribhovandas Bhimji Zaveri IPO raised ₹200 Cr. through its IPO at a price band of ₹120 to ₹126 per share, with a lot size of 45 shares. The IPO was open for subscription from 24 Apr 2012 to 26 Apr 2012.
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, 3:10 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. | |||||
Tribhovandas Bhimji Zaveri IPO dates
Key dates from opening to listing. Today is 12 November.
- Open 24 Apr 2012
- Close 26 Apr 2012
- Allotment 03 May 2012
- Refund/credit TBA
- Listing 09 May 2012
Tribhovandas Bhimji Zaveri IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹120 |
|---|---|
| Listing gain / loss | −₹4.95 per share |
| Listing date | 09 May, 2012 |
| Actual listing price | ₹115.05 (-4.13%) |
Is Tribhovandas Bhimji Zaveri IPO GMP reliable?
Grey market premium for Tribhovandas Bhimji Zaveri 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 Tribhovandas Bhimji Zaveri IPO full review for a fundamentals-based assessment before making any grey market trades.
Tribhovandas Bhimji Zaveri IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Tribhovandas Bhimji Zaveri 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 Tribhovandas Bhimji Zaveri IPO
Tribhovandas Bhimji Zaveri Limited is one of India's top jewellery retailers. Its promoters are Shrikant Zaveri, Binaisha Zaveri and Raashi Zaveri.
It sells gold jewellery, diamond studded jewellery, platinum jewellery and jadau jewellery through 14 showrooms in 10 cities across five states.
Its best known and oldest showroom at Zaveri Bazar, Mumbai, was established in 1864. It also offers jewellery from Italy, Turkey and Thailand alongside its own designs.
The IPO was Rs 200 crore and was entirely fresh issue at Rs 120, the bottom of the Rs 120 to Rs 126 band. Most of the money was for working capital, with the rest for new showrooms.
Frequently asked
What is the GMP of Tribhovandas Bhimji Zaveri IPO?
The current Grey Market Premium (GMP) of Tribhovandas Bhimji Zaveri IPO is not yet started or active in the market.
What is the Kostak Price of Tribhovandas Bhimji Zaveri IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Tribhovandas Bhimji Zaveri IPO is not available.
What is the Subject to Sauda Price of Tribhovandas Bhimji Zaveri 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 Tribhovandas Bhimji Zaveri IPO?
Tribhovandas Bhimji Zaveri IPO listed on May 9, 2012 at ₹115.05, against the issue price of ₹120 — a loss of -4.13%.
How did the GMP of Tribhovandas Bhimji Zaveri IPO trend before listing?
The GMP of Tribhovandas Bhimji Zaveri IPO was stable in its final days before listing. View the day-wise table above for the complete GMP history.
Explore Tribhovandas Bhimji Zaveri 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.
