Commercial Engineers & Body Builders Company IPO GMP History
Commercial Engineers & Body Builders Company IPO has been listed on October 18, 2010 at a listing price of ₹119, against the issue price of ₹127 — a loss of ₹8 (-6.3%). The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Commercial Engineers & Body Builders Company IPO raised ₹172.41 Cr. through its IPO at a price band of ₹125 to ₹127 per share, with a lot size of 55 shares. The IPO was open for subscription from 30 Sep 2010 to 05 Oct 2010.
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, 3:09 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. | |||||
Commercial Engineers & Body Builders Company IPO dates
Key dates from opening to listing. Today is 15 November.
- Open 30 Sep 2010
- Close 05 Oct 2010
- Allotment 13 Oct 2010
- Refund/credit TBA
- Listing 18 Oct 2010
Commercial Engineers & Body Builders Company IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹127 |
|---|---|
| Listing gain / loss | −₹8 per share |
| Listing date | 18 Oct, 2010 |
| Actual listing price | ₹119 (-6.3%) |
Is Commercial Engineers & Body Builders Company IPO GMP reliable?
Grey market premium for Commercial Engineers & Body Builders Company 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 Commercial Engineers & Body Builders Company IPO full review for a fundamentals-based assessment before making any grey market trades.
Commercial Engineers & Body Builders Company IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Commercial Engineers & Body Builders Company 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 Commercial Engineers & Body Builders Company IPO
Commercial Engineers & Body Builders Co Limited was incorporated in Uttar Pradesh as a private limited company. Its promoter, Dr. Kailash Gupta, has been with the company since 1979 and has over 30 years of experience in vehicle body building, along with Ajay Gupta.
It makes vehicle and locomotive bodies for road and rail transport and is one of the leading designers and makers of vehicle bodies for the commercial vehicle industry in India.
It also refurbishes railway wagons and makes components for railway wagons, coaches and locomotives.
The IPO was Rs 172.41 crore, with Rs 153.00 crore of fresh issue and Rs 19.41 crore of offer for sale, at Rs 127, the top of the Rs 125 to Rs 127 band. The fresh money was for a railway project and for prepaying loans.
Frequently asked
What is the GMP of Commercial Engineers & Body Builders Company IPO?
The current Grey Market Premium (GMP) of Commercial Engineers & Body Builders Company IPO is not yet started or active in the market.
What is the Kostak Price of Commercial Engineers & Body Builders Company IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Commercial Engineers & Body Builders Company IPO is not available.
What is the Subject to Sauda Price of Commercial Engineers & Body Builders Company 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 Commercial Engineers & Body Builders Company IPO?
Commercial Engineers & Body Builders Company IPO listed on October 18, 2010 at ₹119, against the issue price of ₹127 — a loss of -6.3%.
How did the GMP of Commercial Engineers & Body Builders Company IPO trend before listing?
The GMP of Commercial Engineers & Body Builders Company IPO was stable in its final days before listing. View the day-wise table above for the complete GMP history.
Explore Commercial Engineers & Body Builders Company 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.
