IRB Infrastructure Developers IPO GMP History
IRB Infrastructure Developers IPO has been listed on February 25, 2008 at a listing price of ₹194.9, against the issue price of ₹185 — a gain of ₹9.9 (+5.35%). The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
IRB Infrastructure Developers IPO raised ₹944.57 Cr. through its IPO at a price band of ₹185 to ₹220 per share, with a lot size of 30 shares. The IPO was open for subscription from 31 Jan 2008 to 05 Feb 2008.
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, 8:16 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. | |||||
IRB Infrastructure Developers IPO dates
Key dates from opening to listing. Today is 12 November.
- Open 31 Jan 2008
- Close 05 Feb 2008
- Allotment TBA
- Refund/credit TBA
- Listing 25 Feb 2008
IRB Infrastructure Developers IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹185 |
|---|---|
| Listing gain / loss | +₹9.9 per share |
| Listing date | 25 Feb, 2008 |
| Actual listing price | ₹194.9 (+5.35%) |
Is IRB Infrastructure Developers IPO GMP reliable?
Grey market premium for IRB Infrastructure Developers 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 IRB Infrastructure Developers IPO full review for a fundamentals-based assessment before making any grey market trades.
IRB Infrastructure Developers IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for IRB Infrastructure Developers 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 IRB Infrastructure Developers IPO
IRB Infrastructure Developers Limited was incorporated as DVJ Leasing and Finance Private Limited on 27 July 1998 and has its registered office at Chandivli, Andheri (East), Mumbai. Its promoters are Virendra D. Mhaiskar, Deepali V. Mhaiskar and Virendra D. Mhaiskar (HUF).
It is an infrastructure development and construction company with long experience in roads and highways.
At the time of its IPO it was involved in 12 BOT projects in the roads and highways sector, earning toll income, and also did construction contracts.
The IPO was Rs 944.57 crore and was entirely a fresh issue at Rs 185, the bottom of the Rs 185 to Rs 220 band. Most of the money was to repay loans of the company and its subsidiaries.
Frequently asked
What is the GMP of IRB Infrastructure Developers IPO?
The current Grey Market Premium (GMP) of IRB Infrastructure Developers IPO is not yet started or active in the market.
What is the Kostak Price of IRB Infrastructure Developers IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for IRB Infrastructure Developers IPO is not available.
What is the Subject to Sauda Price of IRB Infrastructure Developers 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 IRB Infrastructure Developers IPO?
IRB Infrastructure Developers IPO listed on February 25, 2008 at ₹194.9, against the issue price of ₹185 — a gain of +5.35%.
How did the GMP of IRB Infrastructure Developers IPO trend before listing?
The GMP of IRB Infrastructure Developers IPO was stable in its final days before listing. View the day-wise table above for the complete GMP history.
Explore IRB Infrastructure Developers 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.
