Gwalior Chemical Industries IPO GMP History
Gwalior Chemical Industries IPO has been listed on October 4, 2006 at a listing price of ₹83.5, against the issue price of ₹81 — a gain of ₹2.5 (+3.09%). The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Gwalior Chemical Industries IPO raised ₹80 Cr. through its IPO at a price band of ₹71 to ₹85 per share, with a lot size of 75 shares. The IPO was open for subscription from 11 Sep 2006 to 14 Sep 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. | |||||
Gwalior Chemical Industries IPO dates
Key dates from opening to listing. Today is 12 November.
- Open 11 Sep 2006
- Close 14 Sep 2006
- Allotment 26 Sep 2006
- Refund/credit TBA
- Listing 04 Oct 2006
Gwalior Chemical Industries IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹81 |
|---|---|
| Listing gain / loss | +₹2.5 per share |
| Listing date | 04 Oct, 2006 |
| Actual listing price | ₹83.5 (+3.09%) |
Is Gwalior Chemical Industries IPO GMP reliable?
Grey market premium for Gwalior Chemical Industries 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 Gwalior Chemical Industries IPO full review for a fundamentals-based assessment before making any grey market trades.
Gwalior Chemical Industries IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Gwalior Chemical Industries 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 Gwalior Chemical Industries IPO
Gwalior Chemical Industries Limited was incorporated on 14 February 1984 as Shubham Aromatics Private Limited and later took its present name. Its promoters are Ashwin Kothari, Harisingh Shyamsukha, Meena Kothari, Arti Shyamsukha and two group companies.
It makes niche chemicals, some of which are key molecules for agrochemicals and bulk drugs. It described itself as one of the producers of chlorotoluenes and thionyl chloride in the world, and as a large supplier of black viscose dye pigment to a leading viscose staple fibre maker.
It had 7 plants across two chemical sites, at Nagda in Madhya Pradesh and Ankleshwar in Gujarat. Exports rose from Rs 490 lac in fiscal 2003 to Rs 2,118 lac in fiscal 2005.
The IPO was Rs 80 crore and was entirely a fresh issue at Rs 81, within the Rs 71 to Rs 85 band. The money was for expanding its Nagda facilities, new plants for new products and its financing needs.
Frequently asked
What is the GMP of Gwalior Chemical Industries IPO?
The current Grey Market Premium (GMP) of Gwalior Chemical Industries IPO is not yet started or active in the market.
What is the Kostak Price of Gwalior Chemical Industries IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Gwalior Chemical Industries IPO is not available.
What is the Subject to Sauda Price of Gwalior Chemical Industries 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 Gwalior Chemical Industries IPO?
Gwalior Chemical Industries IPO listed on October 4, 2006 at ₹83.5, against the issue price of ₹81 — a gain of +3.09%.
How did the GMP of Gwalior Chemical Industries IPO trend before listing?
The GMP of Gwalior Chemical Industries IPO was stable in its final days before listing. View the day-wise table above for the complete GMP history.
Explore Gwalior Chemical Industries 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.
