Kernex Microsystems (India) IPO GMP History
Kernex Microsystems (India) IPO has been listed on December 20, 2005 at a listing price of ₹350, against the issue price of ₹250 — a gain of ₹100 (+40%). The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Kernex Microsystems (India) IPO raised ₹99.01 Cr. through its IPO at a price band of ₹225 to ₹250 per share, with a lot size of 25 shares. The IPO was open for subscription from 28 Nov 2005 to 03 Dec 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. | |||||
Kernex Microsystems (India) IPO dates
Key dates from opening to listing. Today is 12 November.
- Open 28 Nov 2005
- Close 03 Dec 2005
- Allotment TBA
- Refund/credit TBA
- Listing 20 Dec 2005
Kernex Microsystems (India) IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹250 |
|---|---|
| Listing gain / loss | +₹100 per share |
| Listing date | 20 Dec, 2005 |
| Actual listing price | ₹350 (+40%) |
Is Kernex Microsystems (India) IPO GMP reliable?
Grey market premium for Kernex Microsystems (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 Kernex Microsystems (India) IPO full review for a fundamentals-based assessment before making any grey market trades.
Kernex Microsystems (India) IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Kernex Microsystems (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 Kernex Microsystems (India) IPO
Kernex Microsystems (India) Limited was incorporated in 1991 and is registered in Hyderabad. Its promoters include L. V. Raju, Kishore Babu Gottimukkala and members of the Raju, Manthena and Lakamraju families.
It develops, makes, installs and maintains railway safety and signalling systems, including anti collision devices (ACDs).
In 2003 it signed an exclusive agreement with Konkan Railway Corporation (KRCL) to make, install, commission and maintain ACDs on railway installations.
The IPO was Rs 99.01 crore and was entirely a fresh issue at Rs 250, the top of the Rs 225 to Rs 250 band.
Frequently asked
What is the GMP of Kernex Microsystems (India) IPO?
The current Grey Market Premium (GMP) of Kernex Microsystems (India) IPO is not yet started or active in the market.
What is the Kostak Price of Kernex Microsystems (India) IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Kernex Microsystems (India) IPO is not available.
What is the Subject to Sauda Price of Kernex Microsystems (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 Kernex Microsystems (India) IPO?
Kernex Microsystems (India) IPO listed on December 20, 2005 at ₹350, against the issue price of ₹250 — a gain of +40%.
How did the GMP of Kernex Microsystems (India) IPO trend before listing?
The GMP of Kernex Microsystems (India) IPO was stable in its final days before listing. View the day-wise table above for the complete GMP history.
Explore Kernex Microsystems (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.
