Magnum Ventures IPO GMP History
Magnum Ventures IPO has been listed on September 20, 2007 at a listing price of ₹36.8, against the issue price of ₹30 — a gain of ₹6.8 (+22.67%). The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Magnum Ventures IPO raised ₹52.92 Cr. through its IPO at a price band of ₹27 to ₹30 per share, with a lot size of 200 shares. The IPO was open for subscription from 27 Aug 2007 to 30 Aug 2007.
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, 8:15 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. | |||||
Magnum Ventures IPO dates
Key dates from opening to listing. Today is 13 November.
- Open 27 Aug 2007
- Close 30 Aug 2007
- Allotment 12 Sep 2007
- Refund/credit TBA
- Listing 20 Sep 2007
Magnum Ventures IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹30 |
|---|---|
| Listing gain / loss | +₹6.8 per share |
| Listing date | 20 Sep, 2007 |
| Actual listing price | ₹36.8 (+22.67%) |
Is Magnum Ventures IPO GMP reliable?
Grey market premium for Magnum Ventures 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 Magnum Ventures IPO full review for a fundamentals-based assessment before making any grey market trades.
Magnum Ventures IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Magnum Ventures 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 Magnum Ventures IPO
Magnum Ventures Limited was incorporated as Magnum Papers Private Limited on 29 May 1980 and has its registered office at Daryaganj, New Delhi. Its promoters are Praveen Kumar Jain, Pradeep Kumar Jain, Parmod Kumar Jain and Vinod Kumar Jain.
It had traded and made paper for more than 25 years. Its plant made writing and printing paper such as creamwove, maplitho and xerox paper, and duplex boards, with an installed capacity of 85,000 MT a year.
It was adding a hotel business, with a hotel at Sahibabad under a non exclusive licence for the Country Inn and Suites by Carlson brand.
The IPO was Rs 52.92 crore and was entirely a fresh issue at Rs 30, the top of the Rs 27 to Rs 30 band. The money was for the hotel project, including civil work, plant and machinery and furniture.
Frequently asked
What is the GMP of Magnum Ventures IPO?
The current Grey Market Premium (GMP) of Magnum Ventures IPO is not yet started or active in the market.
What is the Kostak Price of Magnum Ventures IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Magnum Ventures IPO is not available.
What is the Subject to Sauda Price of Magnum Ventures 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 Magnum Ventures IPO?
Magnum Ventures IPO listed on September 20, 2007 at ₹36.8, against the issue price of ₹30 — a gain of +22.67%.
How did the GMP of Magnum Ventures IPO trend before listing?
The GMP of Magnum Ventures IPO was stable in its final days before listing. View the day-wise table above for the complete GMP history.
Explore Magnum Ventures 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.
