Jet Airways (India) IPO GMP History
Jet Airways (India) IPO has been listed on March 14, 2005 at a listing price of ₹1155, against the issue price of ₹1100 — a gain of ₹55 (+5%). The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Jet Airways (India) IPO raised ₹1899.35 Cr. through its IPO at a price band of ₹950 to ₹1125 per share, with a lot size of 6 shares. The IPO was open for subscription from 18 Feb 2005 to 24 Feb 2005.
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. | |||||
Jet Airways (India) IPO dates
Key dates from opening to listing. Today is 12 November.
- Open 18 Feb 2005
- Close 24 Feb 2005
- Allotment 08 Mar 2005
- Refund/credit TBA
- Listing 14 Mar 2005
Jet Airways (India) IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹1100 |
|---|---|
| Listing gain / loss | +₹55 per share |
| Listing date | 14 Mar, 2005 |
| Actual listing price | ₹1155 (+5%) |
Is Jet Airways (India) IPO GMP reliable?
Grey market premium for Jet Airways (India) 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 Jet Airways (India) IPO full review for a fundamentals-based assessment before making any grey market trades.
Jet Airways (India) IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Jet Airways (India) 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 Jet Airways (India) IPO
Jet Airways (India) Limited is a Mumbai based full service airline. Its promoters are Tail Winds Limited and Naresh Goyal.
It runs scheduled flights connecting major cities across India, and it ranked as the largest domestic airline in India by revenue passengers carried in FY2004 and the six months to September 2004.
At the time of its prospectus it had a fleet of 42 aircraft, 34 Boeing 737s and eight ATR 72-500s, and had leased seven more Boeing 737-800s for delivery in 2005.
The IPO was Rs 1,899.35 crore, with Rs 1,566.96 crore of fresh issue and Rs 332.39 crore of offer for sale, at Rs 1,100 within the Rs 950 to Rs 1,125 band.
Frequently asked
What is the GMP of Jet Airways (India) IPO?
The current Grey Market Premium (GMP) of Jet Airways (India) IPO is not yet started or active in the market.
What is the Kostak Price of Jet Airways (India) IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Jet Airways (India) IPO is not available.
What is the Subject to Sauda Price of Jet Airways (India) 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 Jet Airways (India) IPO?
Jet Airways (India) IPO listed on March 14, 2005 at ₹1155, against the issue price of ₹1100 — a gain of +5%.
How did the GMP of Jet Airways (India) IPO trend before listing?
The GMP of Jet Airways (India) IPO was stable in its final days before listing. View the day-wise table above for the complete GMP history.
Explore Jet Airways (India) 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.
