Birla Cotsyn (India) IPO GMP History
Birla Cotsyn (India) IPO has been listed on July 30, 2008 at a listing price of ₹14.9, against the issue price of ₹14 — a gain of ₹0.9 (+6.43%). The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Birla Cotsyn (India) IPO raised ₹144.18 Cr. through its IPO at a price band of ₹12 to ₹14 per share, with a lot size of 350 shares. The IPO was open for subscription from 30 Jun 2008 to 09 Jul 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, 10:03 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. | |||||
Birla Cotsyn (India) IPO dates
Key dates from opening to listing. Today is 13 November.
- Open 30 Jun 2008
- Close 09 Jul 2008
- Allotment 30 Jul 2008
- Refund/credit TBA
- Listing 30 Jul 2008
Birla Cotsyn (India) IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹14 |
|---|---|
| Listing gain / loss | +₹0.9 per share |
| Listing date | 30 Jul, 2008 |
| Actual listing price | ₹14.9 (+6.43%) |
Is Birla Cotsyn (India) IPO GMP reliable?
Grey market premium for Birla Cotsyn (India) 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 Birla Cotsyn (India) IPO full review for a fundamentals-based assessment before making any grey market trades.
Birla Cotsyn (India) IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Birla Cotsyn (India) 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 Birla Cotsyn (India) IPO
Birla Cotsyn (India) Limited was incorporated on 24 September 1941 as Jamod Ginning Company Private Limited and has its registered office at Nariman Point, Mumbai. Its promoters include Yashovardhan Birla, P. B. Bharadwaj and Birla group companies and trusts.
It was earlier in cotton ginning, pressing and oil expelling.
In August 2006 it bought the assets of Khamgaon Syntex (I) at MIDC Khamgaon, with 18,304 spindles, and began making synthetic yarn. Its operations were at Khamgaon and nearby places in Buldhana district.
The IPO was Rs 144.18 crore at Rs 14, the top of the Rs 12 to Rs 14 band. The money was for expanding its integrated textile project at Khamgaon and Malkapur, a garment plant and retail outlets.
Frequently asked
What is the GMP of Birla Cotsyn (India) IPO?
The current Grey Market Premium (GMP) of Birla Cotsyn (India) IPO is not yet started or active in the market.
What is the Kostak Price of Birla Cotsyn (India) IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Birla Cotsyn (India) IPO is not available.
What is the Subject to Sauda Price of Birla Cotsyn (India) 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 Birla Cotsyn (India) IPO?
Birla Cotsyn (India) IPO listed on July 30, 2008 at ₹14.9, against the issue price of ₹14 — a gain of +6.43%.
How did the GMP of Birla Cotsyn (India) IPO trend before listing?
The GMP of Birla Cotsyn (India) IPO was stable in its final days before listing. View the day-wise table above for the complete GMP history.
Explore Birla Cotsyn (India) 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.
