House of Pearl Fashions IPO GMP History
House of Pearl Fashions IPO has been listed on February 15, 2007 at a listing price of ₹499.9, against the issue price of ₹550 — a loss of ₹50.1 (-9.11%). The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
House of Pearl Fashions IPO raised ₹362.84 Cr. through its IPO at a price band of ₹525 to ₹600 per share, with a lot size of 10 shares. The IPO was open for subscription from 16 Jan 2007 to 23 Jan 2007.
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, 8:15 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. | |||||
House of Pearl Fashions IPO dates
Key dates from opening to listing. Today is 12 November.
- Open 16 Jan 2007
- Close 23 Jan 2007
- Allotment 06 Feb 2007
- Refund/credit TBA
- Listing 15 Feb 2007
House of Pearl Fashions IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹550 |
|---|---|
| Listing gain / loss | −₹50.1 per share |
| Listing date | 15 Feb, 2007 |
| Actual listing price | ₹499.9 (-9.11%) |
Is House of Pearl Fashions IPO GMP reliable?
Grey market premium for House of Pearl Fashions 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 House of Pearl Fashions IPO full review for a fundamentals-based assessment before making any grey market trades.
House of Pearl Fashions IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for House of Pearl Fashions 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 House of Pearl Fashions IPO
House of Pearl Fashions Limited was incorporated as Mina Estates Private Limited on 5 July 1989. Its promoters are Deepak Seth, Payel Seth, Pallak Seth and Pulkit Seth.
It designs and supplies garments to value retailers such as JC Penney, Tesco and ASDA Wal-Mart and to fashion brands such as GAP, Next and Esprit, through its own factories and other manufacturers.
As of 30 June 2006 its sourcing offices had 248 employees and its design teams about 182. It bought subsidiaries in Bangladesh and other countries in March 2006, so its consolidated figures from then are not comparable with earlier years.
The IPO was Rs 362.84 crore, with Rs 295.45 crore of fresh issue and Rs 67.39 crore of offer for sale, at Rs 550, within the Rs 525 to Rs 600 band. The fresh money was for new factories in India and Bangladesh, a design centre and acquisitions of brands abroad.
Frequently asked
What is the GMP of House of Pearl Fashions IPO?
The current Grey Market Premium (GMP) of House of Pearl Fashions IPO is not yet started or active in the market.
What is the Kostak Price of House of Pearl Fashions IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for House of Pearl Fashions IPO is not available.
What is the Subject to Sauda Price of House of Pearl Fashions 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 House of Pearl Fashions IPO?
House of Pearl Fashions IPO listed on February 15, 2007 at ₹499.9, against the issue price of ₹550 — a loss of -9.11%.
How did the GMP of House of Pearl Fashions IPO trend before listing?
The GMP of House of Pearl Fashions IPO was stable in its final days before listing. View the day-wise table above for the complete GMP history.
Explore House of Pearl Fashions 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.
