Kamdhenu Ispat IPO GMP History
Kamdhenu Ispat IPO has been listed on May 9, 2006 at a listing price of ₹31, against the issue price of ₹25 — a gain of ₹6 (+24%). The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Kamdhenu Ispat IPO raised ₹32 Cr. through its IPO at a price band of TBA per share, with a lot size of 200 shares. The IPO was open for subscription from 03 Apr 2006 to 08 Apr 2006.
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. | |||||
Kamdhenu Ispat IPO dates
Key dates from opening to listing. Today is 12 November.
- Open 03 Apr 2006
- Close 08 Apr 2006
- Allotment TBA
- Refund/credit TBA
- Listing 09 May 2006
Kamdhenu Ispat IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹25 |
|---|---|
| Listing gain / loss | +₹6 per share |
| Listing date | 09 May, 2006 |
| Actual listing price | ₹31 (+24%) |
Is Kamdhenu Ispat IPO GMP reliable?
Grey market premium for Kamdhenu Ispat 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 Kamdhenu Ispat IPO full review for a fundamentals-based assessment before making any grey market trades.
Kamdhenu Ispat IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Kamdhenu Ispat 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 Kamdhenu Ispat IPO
Kamdhenu Ispat Limited was incorporated on 12 September 1994 with the Registrar of Companies, Rajasthan, and later moved its registered office to New Delhi. Its promoters are Satish Kumar Agarwal, Pradeep Kumar Agarwal, Sunil Kumar Agarwal and Shafali Agarwal.
It makes TMT bars using the Tempcore process at its plant in Bhiwadi, Rajasthan, and runs a franchisee model where other plants make steel bars under the Kamdhenu brand under its quality rules and pay it a royalty.
Its franchisee plants were in Rajasthan, Kanpur, Ghaziabad, Mandi Gobindgarh, Nalagarh and Baddi. It had a network of more than 1750 dealers and distributors and 122 employees.
The IPO was Rs 32 crore of fresh shares at a fixed price of Rs 25, with a green shoe option of Rs 342.20 lakh more. The money was mainly for long term working capital, a corporate office and stockyards.
Frequently asked
What is the GMP of Kamdhenu Ispat IPO?
The current Grey Market Premium (GMP) of Kamdhenu Ispat IPO is not yet started or active in the market.
What is the Kostak Price of Kamdhenu Ispat IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Kamdhenu Ispat IPO is not available.
What is the Subject to Sauda Price of Kamdhenu Ispat 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 Kamdhenu Ispat IPO?
Kamdhenu Ispat IPO listed on May 9, 2006 at ₹31, against the issue price of ₹25 — a gain of +24%.
How did the GMP of Kamdhenu Ispat IPO trend before listing?
The GMP of Kamdhenu Ispat IPO was stable in its final days before listing. View the day-wise table above for the complete GMP history.
Explore Kamdhenu Ispat 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.
