eMudhra IPO GMP History
eMudhra IPO has been listed on June 1, 2022 at a listing price of ₹270, against the issue price of ₹256 — a gain of ₹14 (+5.47%). The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
eMudhra IPO raised ₹412.79 Cr. through its IPO at a price band of ₹243 to ₹256 per share, with a lot size of 58 shares. The IPO was open for subscription from 20 May 2022 to 24 May 2022.
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 10 Nov, 11:32 AM 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. | |||||
eMudhra IPO dates
Key dates from opening to listing. Today is 10 November.
- Open 20 May 2022
- Close 24 May 2022
- Allotment 27 May 2022
- Refund/credit 30 May 2022
- Listing 01 Jun 2022
eMudhra IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹256 |
|---|---|
| Listing gain / loss | +₹14 per share |
| Listing date | 01 Jun, 2022 |
| Actual listing price | ₹270 (+5.47%) |
Is eMudhra IPO GMP reliable?
Grey market premium for eMudhra 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 eMudhra IPO full review for a fundamentals-based assessment before making any grey market trades.
eMudhra IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for eMudhra 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 eMudhra IPO
eMudhra Limited is India's largest licensed Certifying Authority. Its business has two verticals, Digital Trust Services and Enterprise Solutions.
It issues individual and organisational certificates, digital signature certificates, SSL/TLS certificates and device certificates. It also offers digital security and paperless solutions such as multi-factor authentication, mobile application security, website security testing and IT policy assessment.
It is the only Indian company directly recognised by browsers and document software makers such as Microsoft, Mozilla, Apple and Adobe, which lets it sell digital identities worldwide. It has a US subsidiary, eMudhra INC.
The IPO was Rs 412.79 crore, with Rs 161.00 crore of fresh issue and Rs 251.79 crore of offer for sale. Uses included Rs 46.36 crore for data centres in India and abroad and Rs 35.00 crore for repaying borrowings.
Frequently asked
What is the GMP of eMudhra IPO?
The current Grey Market Premium (GMP) of eMudhra IPO is not yet started or active in the market.
What is the Kostak Price of eMudhra IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for eMudhra IPO is not available.
What is the Subject to Sauda Price of eMudhra 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 eMudhra IPO?
eMudhra IPO listed on June 1, 2022 at ₹270, against the issue price of ₹256 — a gain of +5.47%.
How did the GMP of eMudhra IPO trend before listing?
The GMP of eMudhra IPO was stable in its final days before listing. View the day-wise table above for the complete GMP history.
Explore eMudhra 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.
