Likhitha Infrastructure IPO GMP History
Likhitha Infrastructure IPO has been listed on October 15, 2020 at a listing price of ₹130, against the issue price of ₹120 — a gain of ₹10 (+8.33%). The GMP peaked at ₹17.5 on 27 September 2020 and reached a low of ₹7.5 on 14 October 2020. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Likhitha Infrastructure IPO raised ₹61.2 Cr. through its IPO at a price band of ₹116 to ₹120 per share, with a lot size of 125 shares. The IPO was open for subscription from 29 Sep 2020 to 07 Oct 2020.
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 11 Nov, 6:58 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 14 Oct 2020 | ₹ 7.5 | — | 6% | — | — |
| 13 Oct 2020 | ₹ 7.5 | — | 6% | — | — |
| 12 Oct 2020 | ₹ 7.5 | — | 6% | — | — |
| 11 Oct 2020 | ₹ 7.5 | — | 6% | — | — |
| 10 Oct 2020 | ₹ 7.5 | — | 6% | — | — |
| 09 Oct 2020 | ₹ 7.5 | — | 6% | — | — |
| 08 Oct 2020 | ₹ 7.5 | — | 6% | — | — |
| 07 Oct 2020 | ₹ 7.5 | — | 6% | — | — |
| 06 Oct 2020 | ₹ 7.5 | — | 6% | — | — |
| 05 Oct 2020 | ₹ 7.5 | — | 6% | — | — |
| 04 Oct 2020 | ₹ 7.5 | — | 6% | — | — |
| 03 Oct 2020 | ₹ 7.5 | — | 6% | — | — |
| 02 Oct 2020 | ₹ 7.5 | — | 6% | — | — |
| 01 Oct 2020 | ₹ 7.5 | — | 6% | — | — |
| 30 Sep 2020 | ₹ 7.5 | — | 6% | — | — |
| 29 Sep 2020 | ₹ 7.5 | — | 6% | — | — |
| 28 Sep 2020 | ₹ 7.5 | ▼ | 6% | — | — |
| 27 Sep 2020 | ₹ 17.5 | — | 15% | — | — |
| 26 Sep 2020 | ₹ 17.5 | — | 15% | — | — |
| 25 Sep 2020 | ₹ 17.5 | — | 15% | — | — |
| 24 Sep 2020 | ₹ 17.5 | — | 15% | — | — |
Likhitha Infrastructure IPO dates
Key dates from opening to listing. Today is 11 November.
- Open 29 Sep 2020
- Close 07 Oct 2020
- Allotment 12 Oct 2020
- Refund/credit 13 Oct 2020
- Listing 15 Oct 2020
Likhitha Infrastructure IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹120 |
|---|---|
| GMP-based estimate (pre-listing) | ₹127 (+5.8%) |
| Listing gain / loss | +₹10 per share |
| Listing date | 15 Oct, 2020 |
| Actual listing price | ₹130 (+8.33%) |
Is Likhitha Infrastructure IPO GMP reliable?
Grey market premium for Likhitha Infrastructure 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 Likhitha Infrastructure IPO full review for a fundamentals-based assessment before making any grey market trades.
Likhitha Infrastructure IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Likhitha Infrastructure 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 Likhitha Infrastructure IPO
Likhitha Infrastructure Limited was incorporated as Likhitha Constructions Private Limited at Hyderabad on 6 August 1998. It was founded by Srinivasa Rao Gaddipati, and its promoters are Srinivasa Rao Gaddipati and Likhitha Gaddipati.
It works on cross country pipeline projects, city gas distribution projects, and operation and maintenance services for city gas distribution companies. Its clients are established public and private sector oil and gas companies.
It has laid over 600 km of oil and gas pipelines in the past 5 fiscals and was laying about 800 km more for ongoing projects. It has worked in more than 16 states and 2 union territories, and its order book was about Rs 66,258.97 lakh on 31 July 2020.
The IPO was Rs 61.20 crore and was entirely fresh issue. The money was planned for working capital and general corporate purposes.
Frequently asked
What is the GMP of Likhitha Infrastructure IPO?
The current Grey Market Premium (GMP) of Likhitha Infrastructure IPO is ₹ 7.5.
What is the Kostak Price of Likhitha Infrastructure IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Likhitha Infrastructure IPO is not available.
What is the Subject to Sauda Price of Likhitha Infrastructure 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 Likhitha Infrastructure IPO?
Likhitha Infrastructure IPO listed on October 15, 2020 at ₹130, against the issue price of ₹120 — a gain of +8.33%.
How did the GMP of Likhitha Infrastructure IPO trend before listing?
The GMP of Likhitha Infrastructure IPO was stable in its final days before listing. The GMP peaked at ₹17.5 on 27 September 2020. View the day-wise table above for the complete GMP history.
Explore Likhitha Infrastructure 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.