Khadim India IPO GMP History
Khadim India IPO has been listed on November 14, 2017 at a listing price of ₹730, against the issue price of ₹750 — a loss of ₹20 (-2.67%). The GMP peaked at ₹147.5 on 29 October 2017 and reached a low of ₹17.5 on 9 November 2017. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Khadim India IPO raised ₹543.06 Cr. through its IPO at a price band of ₹745 to ₹750 per share, with a lot size of 20 shares. The IPO was open for subscription from 02 Nov 2017 to 06 Nov 2017.
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, 3:11 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 09 Nov 2017 | ₹ 17.5 | ▼ | 2% | — | — |
| 08 Nov 2017 | ₹ 22.5 | — | 3% | — | — |
| 07 Nov 2017 | ₹ 22.5 | — | 3% | — | — |
| 06 Nov 2017 | ₹ 22.5 | — | 3% | — | — |
| 04 Nov 2017 | ₹ 22.5 | ▼ | 3% | — | — |
| 03 Nov 2017 | ₹ 32.5 | ▼ | 4% | — | — |
| 02 Nov 2017 | ₹ 62.5 | — | 8% | — | — |
| 01 Nov 2017 | ₹ 62.5 | — | 8% | — | — |
| 31 Oct 2017 | ₹ 62.5 | ▼ | 8% | — | — |
| 30 Oct 2017 | ₹ 105 | ▼ | 14% | — | — |
| 29 Oct 2017 | ₹ 147.5 | — | 20% | — | — |
| 28 Oct 2017 | ₹ 147.5 | — | 20% | — | — |
Khadim India IPO dates
Key dates from opening to listing. Today is 14 November.
- Open 02 Nov 2017
- Close 06 Nov 2017
- Allotment 10 Nov 2017
- Refund/credit 13 Nov 2017
- Listing 14 Nov 2017
Khadim India IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹750 |
|---|---|
| GMP-based estimate (pre-listing) | ₹767 (+2.3%) |
| Listing gain / loss | −₹20 per share |
| Listing date | 14 Nov, 2017 |
| Actual listing price | ₹730 (-2.67%) |
Is Khadim India IPO GMP reliable?
Grey market premium for Khadim 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 Khadim India IPO full review for a fundamentals-based assessment before making any grey market trades.
Khadim India IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Khadim 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 Khadim India IPO
Khadim India Limited is a Kolkata based footwear retailer and the second largest footwear retailer in India. Its promoters are Siddhartha Roy Burman and Knightsville.
It runs exclusive retail stores under the Khadims brand, with a strong presence in eastern India.
It works through two verticals: retail, serving middle and upper middle income customers, and distribution.
The IPO was Rs 543.06 crore, with Rs 50.00 crore of fresh issue and Rs 493.06 crore of offer for sale, at Rs 750, the top of the Rs 745 to Rs 750 band. The fresh money was mainly for repaying loans.
Frequently asked
What is the GMP of Khadim India IPO?
The current Grey Market Premium (GMP) of Khadim India IPO is ₹ 17.5.
What is the Kostak Price of Khadim India IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Khadim India IPO is not available.
What is the Subject to Sauda Price of Khadim 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 Khadim India IPO?
Khadim India IPO listed on November 14, 2017 at ₹730, against the issue price of ₹750 — a loss of -2.67%.
How did the GMP of Khadim India IPO trend before listing?
The GMP of Khadim India IPO was falling in its final days before listing. The GMP peaked at ₹147.5 on 29 October 2017. View the day-wise table above for the complete GMP history.
Explore Khadim 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.
