Nitin Fire Protection Industries IPO GMP History
Nitin Fire Protection Industries IPO has been listed on June 5, 2007 at a listing price of ₹332.5, against the issue price of ₹190 — a gain of ₹142.5 (+75%). The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Nitin Fire Protection Industries IPO raised ₹64.47 Cr. through its IPO at a price band of ₹171 to ₹190 per share, with a lot size of 35 shares. The IPO was open for subscription from 15 May 2007 to 18 May 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. | |||||
Nitin Fire Protection Industries IPO dates
Key dates from opening to listing. Today is 12 November.
- Open 15 May 2007
- Close 18 May 2007
- Allotment TBA
- Refund/credit TBA
- Listing 05 Jun 2007
Nitin Fire Protection Industries IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹190 |
|---|---|
| Listing gain / loss | +₹142.5 per share |
| Listing date | 05 Jun, 2007 |
| Actual listing price | ₹332.5 (+75%) |
Is Nitin Fire Protection Industries IPO GMP reliable?
Grey market premium for Nitin Fire Protection Industries 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 Nitin Fire Protection Industries IPO full review for a fundamentals-based assessment before making any grey market trades.
Nitin Fire Protection Industries IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Nitin Fire Protection Industries 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 Nitin Fire Protection Industries IPO
Nitin Fire Protection Industries Limited was incorporated on 4 September 1995 as a public limited company. Its promoters are Nitin M. Shah, Rahul N. Shah and Kunal N. Shah.
It works in 2 areas: fire protection, safety and security, including intelligent building management systems, where it designs, makes and installs systems end to end; and high pressure seamless cylinders and refuelling systems.
Its domestic market cylinders were contract made in China and sold under the EURO brand. Its subsidiary Nitin Cylinders was to set up a cylinder plant in the Visakhapatnam SEZ needing about 272 employees, while the company had 85 employees.
The IPO was Rs 64.47 crore and was entirely a fresh issue at Rs 190, the top of the Rs 171 to Rs 190 band.
Frequently asked
What is the GMP of Nitin Fire Protection Industries IPO?
The current Grey Market Premium (GMP) of Nitin Fire Protection Industries IPO is not yet started or active in the market.
What is the Kostak Price of Nitin Fire Protection Industries IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Nitin Fire Protection Industries IPO is not available.
What is the Subject to Sauda Price of Nitin Fire Protection Industries 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 Nitin Fire Protection Industries IPO?
Nitin Fire Protection Industries IPO listed on June 5, 2007 at ₹332.5, against the issue price of ₹190 — a gain of +75%.
How did the GMP of Nitin Fire Protection Industries IPO trend before listing?
The GMP of Nitin Fire Protection Industries IPO was stable in its final days before listing. View the day-wise table above for the complete GMP history.
Explore Nitin Fire Protection Industries 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.
