MSP Steel & Power IPO GMP History
MSP Steel & Power IPO has been listed on July 18, 2005 at a listing price of ₹17.9, against the issue price of ₹10 — a gain of ₹7.9 (+79%). The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
MSP Steel & Power IPO raised ₹16 Cr. through its IPO at a price band of TBA per share, with a lot size of 500 shares. The IPO was open for subscription from 20 Jun 2005 to 24 Jun 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. | |||||
MSP Steel & Power IPO dates
Key dates from opening to listing. Today is 12 November.
- Open 20 Jun 2005
- Close 24 Jun 2005
- Allotment 08 Jul 2005
- Refund/credit TBA
- Listing 18 Jul 2005
MSP Steel & Power IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹10 |
|---|---|
| Listing gain / loss | +₹7.9 per share |
| Listing date | 18 Jul, 2005 |
| Actual listing price | ₹17.9 (+79%) |
Is MSP Steel & Power IPO GMP reliable?
Grey market premium for MSP Steel & Power 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 MSP Steel & Power IPO full review for a fundamentals-based assessment before making any grey market trades.
MSP Steel & Power IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for MSP Steel & Power 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 MSP Steel & Power IPO
MSP Steel and Power Limited was incorporated as Adhunik Rollers Private Limited on 18 November 1968. Its promoters are Adhunik Gases Limited, MSP Infotech Private Limited, MSP Properties India Private Limited and Larigo Investment Private Limited.
It makes iron and steel products such as sponge iron and billets as part of the MSP group.
It received permission on 20 May 2003 from the Chhattisgarh Environment Conservation Board to set up a sponge iron plant in Raigarh. The promoter group had invested Rs 4197.60 lacs in the project.
The IPO was Rs 16 crore and was entirely a fresh issue at Rs 10 per share, at its face value.
Frequently asked
What is the GMP of MSP Steel & Power IPO?
The current Grey Market Premium (GMP) of MSP Steel & Power IPO is not yet started or active in the market.
What is the Kostak Price of MSP Steel & Power IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for MSP Steel & Power IPO is not available.
What is the Subject to Sauda Price of MSP Steel & Power 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 MSP Steel & Power IPO?
MSP Steel & Power IPO listed on July 18, 2005 at ₹17.9, against the issue price of ₹10 — a gain of +79%.
How did the GMP of MSP Steel & Power IPO trend before listing?
The GMP of MSP Steel & Power IPO was stable in its final days before listing. View the day-wise table above for the complete GMP history.
Explore MSP Steel & Power 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.
