Datamatics Technologies IPO GMP History
Datamatics Technologies IPO has been listed on May 7, 2004 at a listing price of ₹170, against the issue price of ₹110 — a gain of ₹60 (+54.55%). The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Datamatics Technologies IPO raised ₹113.3 Cr. through its IPO at a price band of ₹101 to ₹110 per share, with a lot size of 50 shares. The IPO was open for subscription from 12 Apr 2004 to 19 Apr 2004.
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. | |||||
Datamatics Technologies IPO dates
Key dates from opening to listing. Today is 12 November.
- Open 12 Apr 2004
- Close 19 Apr 2004
- Allotment 30 Apr 2004
- Refund/credit TBA
- Listing 07 May 2004
Datamatics Technologies IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹110 |
|---|---|
| Listing gain / loss | +₹60 per share |
| Listing date | 07 May, 2004 |
| Actual listing price | ₹170 (+54.55%) |
Is Datamatics Technologies IPO GMP reliable?
Grey market premium for Datamatics Technologies 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 Datamatics Technologies IPO full review for a fundamentals-based assessment before making any grey market trades.
Datamatics Technologies IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Datamatics Technologies 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 Datamatics Technologies IPO
Datamatics Technologies Limited was incorporated in 1987 as Interface Software Resources Private Limited and is part of the Datamatics group promoted by Dr. Lalit S. Kanodia. Its promoters are Lalit S. Kanodia, Asha L. Kanodia and group companies.
It offers IT enabled and BPO services such as content management, back office processing, workflow solutions, finance and accounting, tax and claims processing.
Its largest client accounted for 19% of revenue in 2002, 17% in 2003 and 26% in nine months to December 2003, on a consolidated basis.
The IPO was Rs 113.3 crore, with Rs 93.50 crore of fresh issue and Rs 19.80 crore of offer for sale, at Rs 110, the top of the Rs 101 to Rs 110 band. The money was for investments in subsidiaries such as Saztec International and CorPay Solutions, and other purposes.
Frequently asked
What is the GMP of Datamatics Technologies IPO?
The current Grey Market Premium (GMP) of Datamatics Technologies IPO is not yet started or active in the market.
What is the Kostak Price of Datamatics Technologies IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Datamatics Technologies IPO is not available.
What is the Subject to Sauda Price of Datamatics Technologies 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 Datamatics Technologies IPO?
Datamatics Technologies IPO listed on May 7, 2004 at ₹170, against the issue price of ₹110 — a gain of +54.55%.
How did the GMP of Datamatics Technologies IPO trend before listing?
The GMP of Datamatics Technologies IPO was stable in its final days before listing. View the day-wise table above for the complete GMP history.
Explore Datamatics Technologies 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.
