Nitco Tiles IPO GMP History
Nitco Tiles IPO has been listed on March 21, 2006 at a listing price of ₹180, against the issue price of ₹168 — a gain of ₹12 (+7.14%). The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Nitco Tiles IPO raised ₹168 Cr. through its IPO at a price band of ₹140 to ₹168 per share, with a lot size of 40 shares. The IPO was open for subscription from 22 Feb 2006 to 27 Feb 2006.
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. | |||||
Nitco Tiles IPO dates
Key dates from opening to listing. Today is 12 November.
- Open 22 Feb 2006
- Close 27 Feb 2006
- Allotment 10 Mar 2006
- Refund/credit TBA
- Listing 21 Mar 2006
Nitco Tiles IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹168 |
|---|---|
| Listing gain / loss | +₹12 per share |
| Listing date | 21 Mar, 2006 |
| Actual listing price | ₹180 (+7.14%) |
Is Nitco Tiles IPO GMP reliable?
Grey market premium for Nitco Tiles 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 Nitco Tiles IPO full review for a fundamentals-based assessment before making any grey market trades.
Nitco Tiles IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Nitco Tiles 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 Nitco Tiles IPO
Nitco Tiles Limited was incorporated in 1966. Its promoters are Pran Nath Talwar, Vivek Talwar and Aurella Estates and Investments Private Limited.
It offers flooring products across price points, including mosaic, ceramic floor, vitrified and paving tiles and imported marble.
It had placed orders for only 57.53% of the plant and machinery for its expansion at the time of the prospectus.
The IPO was Rs 168 crore and was entirely a fresh issue at Rs 168, the top of the Rs 140 to Rs 168 band.
Frequently asked
What is the GMP of Nitco Tiles IPO?
The current Grey Market Premium (GMP) of Nitco Tiles IPO is not yet started or active in the market.
What is the Kostak Price of Nitco Tiles IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Nitco Tiles IPO is not available.
What is the Subject to Sauda Price of Nitco Tiles 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 Nitco Tiles IPO?
Nitco Tiles IPO listed on March 21, 2006 at ₹180, against the issue price of ₹168 — a gain of +7.14%.
How did the GMP of Nitco Tiles IPO trend before listing?
The GMP of Nitco Tiles IPO was stable in its final days before listing. View the day-wise table above for the complete GMP history.
Explore Nitco Tiles 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.
