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IndiaMART IPO GMP History

IndiaMART IPO has been listed on July 4, 2019 at a listing price of ₹1180, against the issue price of ₹973 — a gain of ₹207 (+21.27%). The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.

IndiaMART IPO raised ₹475.49 Cr. through its IPO at a price band of ₹970 to ₹973 per share, with a lot size of 15 shares. The IPO was open for subscription from 24 Jun 2019 to 26 Jun 2019.

Abhishek Vohera, Founder of IPO Guru 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, 3:12 PM IST.

Peak GMP
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No readings yet
Lowest GMP
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No readings yet
Direction
— stable
Latest day vs the day before
The chart appears once the grey market starts quoting IndiaMART IPO.

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.

IndiaMART IPO dates

Key dates from opening to listing. Today is 14 November.

Key dates Listed
  1. Open 24 Jun 2019
  2. Close 26 Jun 2019
  3. Allotment 01 Jul 2019
  4. Refund/credit 02 Jul 2019
  5. Listing 04 Jul 2019

IndiaMART IPO actual listing price

How the grey market's final call compared with the listing-day open.

Issue price₹973
Listing gain / loss +₹207 per share
Listing date04 Jul, 2019
Actual listing price ₹1180 (+21.27%)

Is IndiaMART IPO GMP reliable?

Grey market premium for IndiaMART 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 IndiaMART IPO full review for a fundamentals-based assessment before making any grey market trades.

IndiaMART IPO Kostak rate explained

Two ways the grey market trades an IPO application before listing.

Kostak
Not available

The Kostak rate for IndiaMART 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.

Subject to Sauda
Not available

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 IndiaMART IPO

IndiaMART InterMESH Limited runs an online B2B marketplace for business products and services. Its promoters are Brijesh Agrawal and Dinesh Chandra Agarwal.

It is an online platform that connects business buyers with suppliers.

As on 31 March 2018 it had 4.72 million supplier storefronts listing 50.13 million products, and 59.81 million registered buyers.

The IPO was Rs 475.49 crore and was entirely an offer for sale at Rs 973, the top of the Rs 970 to Rs 973 band, so the company received no money.

View full IPO details →

Frequently asked

What is the GMP of IndiaMART IPO?

The current Grey Market Premium (GMP) of IndiaMART IPO is not yet started or active in the market.

What is the Kostak Price of IndiaMART IPO?

Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for IndiaMART IPO is not available.

What is the Subject to Sauda Price of IndiaMART 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 IndiaMART IPO?

IndiaMART IPO listed on July 4, 2019 at ₹1180, against the issue price of ₹973 — a gain of +21.27%.

How did the GMP of IndiaMART IPO trend before listing?

The GMP of IndiaMART IPO was stable in its final days before listing. View the day-wise table above for the complete GMP history.

Explore IndiaMART IPO further

The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.

IndiaMART IPO GMP

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.

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Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.

GMP
₹ 0
Kostak
—
Listed at
₹1180
Full IPO details
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