Muthoot Finance IPO GMP History
Muthoot Finance IPO has been listed on May 6, 2011 at a listing price of ₹196.6, against the issue price of ₹175 — a gain of ₹21.6 (+12.34%). The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Muthoot Finance IPO raised ₹901.25 Cr. through its IPO at a price band of ₹160 to ₹175 per share, with a lot size of 40 shares. The IPO was open for subscription from 18 Apr 2011 to 21 Apr 2011.
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, 3:09 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. | |||||
Muthoot Finance IPO dates
Key dates from opening to listing. Today is 15 November.
- Open 18 Apr 2011
- Close 21 Apr 2011
- Allotment 02 May 2011
- Refund/credit TBA
- Listing 06 May 2011
Muthoot Finance IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹175 |
|---|---|
| Listing gain / loss | +₹21.6 per share |
| Listing date | 06 May, 2011 |
| Actual listing price | ₹196.6 (+12.34%) |
Is Muthoot Finance IPO GMP reliable?
Grey market premium for Muthoot Finance 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 Muthoot Finance IPO full review for a fundamentals-based assessment before making any grey market trades.
Muthoot Finance IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Muthoot Finance 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 Muthoot Finance IPO
Muthoot Finance Limited was originally incorporated as The Muthoot Finance Private Limited on 14 March 1997. It is based in Kerala, and its promoters are M.G. George Muthoot, George Thomas Muthoot, George Jacob Muthoot and George Alexander Muthoot.
It is the largest gold financing company in India by loan portfolio. It gives personal and business loans secured by gold jewellery, and its customers are typically small businessmen, vendors, traders, farmers and salaried people.
It had 1605 branches across 20 states and two union territories.
The IPO was Rs 901.25 crore and was entirely fresh issue at Rs 175, the top of the Rs 160 to Rs 175 band. The money was to augment its capital base for lending.
Frequently asked
What is the GMP of Muthoot Finance IPO?
The current Grey Market Premium (GMP) of Muthoot Finance IPO is not yet started or active in the market.
What is the Kostak Price of Muthoot Finance IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Muthoot Finance IPO is not available.
What is the Subject to Sauda Price of Muthoot Finance 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 Muthoot Finance IPO?
Muthoot Finance IPO listed on May 6, 2011 at ₹196.6, against the issue price of ₹175 — a gain of +12.34%.
How did the GMP of Muthoot Finance IPO trend before listing?
The GMP of Muthoot Finance IPO was stable in its final days before listing. View the day-wise table above for the complete GMP history.
Explore Muthoot Finance 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.
