Blue Bird (India) IPO GMP History
Blue Bird (India) IPO has been listed on December 11, 2006 at a listing price of ₹128, against the issue price of ₹105 — a gain of ₹23 (+21.9%). The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Blue Bird (India) IPO raised ₹92.14 Cr. through its IPO at a price band of ₹90 to ₹105 per share, with a lot size of 60 shares. The IPO was open for subscription from 16 Nov 2006 to 22 Nov 2006.
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, 8:58 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. | |||||
Blue Bird (India) IPO dates
Key dates from opening to listing. Today is 12 November.
- Open 16 Nov 2006
- Close 22 Nov 2006
- Allotment 05 Dec 2006
- Refund/credit TBA
- Listing 11 Dec 2006
Blue Bird (India) IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹105 |
|---|---|
| Listing gain / loss | +₹23 per share |
| Listing date | 11 Dec, 2006 |
| Actual listing price | ₹128 (+21.9%) |
Is Blue Bird (India) IPO GMP reliable?
Grey market premium for Blue Bird (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 Blue Bird (India) IPO full review for a fundamentals-based assessment before making any grey market trades.
Blue Bird (India) IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Blue Bird (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 Blue Bird (India) IPO
Blue Bird (India) Limited was originally incorporated as Anil Apporv Printers and Manufacturers Private Limited on 23 July 1999. Its promoters are Nitin P. Sontakke and Vidya N. Sontakke.
Under its Blue Bird brand it was the leading maker of paper based notebooks and exercise books, strong in western and southern India. It also did commercial printing for entertainment companies, financial institutions, publishers and education authorities.
As per an AC Nielsen ORG-MARG report cited in the prospectus, about 80% of the Indian stationery market was unorganised, and Blue Bird had a 48% share of the part held by large players as of 31 May 2006. Its customers included about 600 wholesalers or dealers and about 9,000 retailers.
The IPO was Rs 92.14 crore and was entirely a fresh issue at Rs 105, the top of the Rs 90 to Rs 105 band. The money was for new and expanded factories, sales offices, repaying debt and working capital.
Frequently asked
What is the GMP of Blue Bird (India) IPO?
The current Grey Market Premium (GMP) of Blue Bird (India) IPO is not yet started or active in the market.
What is the Kostak Price of Blue Bird (India) IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Blue Bird (India) IPO is not available.
What is the Subject to Sauda Price of Blue Bird (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 Blue Bird (India) IPO?
Blue Bird (India) IPO listed on December 11, 2006 at ₹128, against the issue price of ₹105 — a gain of +21.9%.
How did the GMP of Blue Bird (India) IPO trend before listing?
The GMP of Blue Bird (India) IPO was stable in its final days before listing. View the day-wise table above for the complete GMP history.
Explore Blue Bird (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.
