India Pesticides IPO GMP History
India Pesticides IPO has been listed on July 5, 2021 at a listing price of ₹350, against the issue price of ₹296 — a gain of ₹54 (+18.24%). The GMP peaked at ₹100 on 21 June 2021 and reached a low of ₹0 on 18 June 2021. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
India Pesticides IPO raised ₹800 Cr. through its IPO at a price band of ₹290 to ₹296 per share, with a lot size of 50 shares. The IPO was open for subscription from 23 Jun 2021 to 25 Jun 2021.
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, 7:18 AM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 05 Jul 2021 | ₹ 65 | ▲ | 22% | — | — |
| 04 Jul 2021 | ₹ 60 | — | 20% | — | — |
| 03 Jul 2021 | ₹ 60 | — | 20% | — | — |
| 02 Jul 2021 | ₹ 60 | — | 20% | — | — |
| 01 Jul 2021 | ₹ 60 | ▲ | 20% | — | — |
| 30 Jun 2021 | ₹ 50 | — | 17% | — | — |
| 29 Jun 2021 | ₹ 50 | — | 17% | — | — |
| 28 Jun 2021 | ₹ 50 | — | 17% | — | — |
| 27 Jun 2021 | ₹ 50 | ▼ | 17% | — | — |
| 26 Jun 2021 | ₹ 60 | ▲ | 20% | — | — |
| 25 Jun 2021 | ₹ 50 | — | 17% | — | — |
| 24 Jun 2021 | ₹ 50 | ▼ | 17% | — | — |
| 23 Jun 2021 | ₹ 60 | ▼ | 20% | — | — |
| 22 Jun 2021 | ₹ 90 | ▼ | 30% | — | — |
| 21 Jun 2021 | ₹ 100 | ▲ | 34% | — | — |
| 20 Jun 2021 | ₹ 90 | — | 30% | — | — |
| 19 Jun 2021 | ₹ 90 | ▲ | 30% | — | — |
| 18 Jun 2021 | ₹ 0 | — | -- | — | — |
| 17 Jun 2021 | ₹ 0 | — | -- | — | — |
| 16 Jun 2021 | ₹ 0 | — | -- | — | — |
| 15 Jun 2021 | ₹ 0 | — | -- | — | — |
| 14 Jun 2021 | ₹ 0 | — | -- | — | — |
India Pesticides IPO dates
Key dates from opening to listing. Today is 11 November.
- Open 23 Jun 2021
- Close 25 Jun 2021
- Allotment 30 Jun 2021
- Refund/credit 01 Jul 2021
- Listing 05 Jul 2021
India Pesticides IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹296 |
|---|---|
| Listing gain / loss | +₹54 per share |
| Listing date | 05 Jul, 2021 |
| Actual listing price | ₹350 (+18.24%) |
Is India Pesticides IPO GMP reliable?
Grey market premium for India Pesticides 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 India Pesticides IPO full review for a fundamentals-based assessment before making any grey market trades.
India Pesticides IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for India Pesticides 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 India Pesticides IPO
India Pesticides Limited was incorporated at Bareilly, Uttar Pradesh on 13 December 1984. It is an R&D driven maker of agrochemical technicals with a growing formulations business, and it also makes active pharmaceutical ingredients.
It is the sole Indian maker of five technicals and among the leading makers globally of Captan, Folpet and Thiocarbamate herbicide by production capacity. It made 15,003 MT of technicals in Fiscal 2021, with 37.17% growth in technicals volume over Fiscal 2020.
Technicals are mostly exported, to countries in Australia, Asia, Africa and Europe. Customers include Syngenta Asia, UPL, Ascenza Agro, Conquest Crop Protection and Sharda Cropchem. Its two plants are at Dewa Road in Lucknow and at Sandila in Hardoi, Uttar Pradesh.
The IPO was Rs 800 crore, with Rs 100.00 crore of fresh issue and Rs 700.00 crore of offer for sale. Rs 80.00 crore of the proceeds was planned for working capital.
Frequently asked
What is the GMP of India Pesticides IPO?
The current Grey Market Premium (GMP) of India Pesticides IPO is not yet started or active in the market.
What is the Kostak Price of India Pesticides IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for India Pesticides IPO is not available.
What is the Subject to Sauda Price of India Pesticides 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 India Pesticides IPO?
India Pesticides IPO listed on July 5, 2021 at ₹350, against the issue price of ₹296 — a gain of +18.24%.
How did the GMP of India Pesticides IPO trend before listing?
The GMP of India Pesticides IPO was rising in its final days before listing. The GMP peaked at ₹100 on 21 June 2021. View the day-wise table above for the complete GMP history.
Explore India Pesticides 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.
