Paradeep Phosphates IPO GMP History
Paradeep Phosphates IPO has been listed on May 27, 2022 at a listing price of ₹44, against the issue price of ₹42 — a gain of ₹2 (+4.76%). The GMP peaked at ₹3 on 19 May 2022 and reached a low of ₹0.5 on 27 May 2022. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Paradeep Phosphates IPO raised ₹1501.73 Cr. through its IPO at a price band of ₹39 to ₹42 per share, with a lot size of 350 shares. The IPO was open for subscription from 17 May 2022 to 19 May 2022.
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 10 Nov, 11:26 AM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 27 May 2022 | ₹ 0.5 | — | 1% | — | — |
| 26 May 2022 | ₹ 0.5 | — | 1% | — | — |
| 24 May 2022 | ₹ 0.5 | ▼ | 1% | — | — |
| 23 May 2022 | ₹ 1 | ▼ | 2% | — | — |
| 21 May 2022 | ₹ 2 | ▲ | 5% | — | — |
| 20 May 2022 | ₹ 1 | ▼ | 2% | — | — |
| 19 May 2022 | ₹ 3 | — | 7% | — | — |
| 18 May 2022 | ₹ 3 | — | 7% | — | — |
| 17 May 2022 | ₹ 3 | — | 7% | — | — |
| 16 May 2022 | ₹ 3 | — | 7% | — | — |
Paradeep Phosphates IPO dates
Key dates from opening to listing. Today is 11 November.
- Open 17 May 2022
- Close 19 May 2022
- Allotment 24 May 2022
- Refund/credit 25 May 2022
- Listing 27 May 2022
Paradeep Phosphates IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹42 |
|---|---|
| GMP-based estimate (pre-listing) | ₹45 (+7.1%) |
| Listing gain / loss | +₹2 per share |
| Listing date | 27 May, 2022 |
| Actual listing price | ₹44 (+4.76%) |
Is Paradeep Phosphates IPO GMP reliable?
Grey market premium for Paradeep Phosphates 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 Paradeep Phosphates IPO full review for a fundamentals-based assessment before making any grey market trades.
Paradeep Phosphates IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Paradeep Phosphates 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 Paradeep Phosphates IPO
Paradeep Phosphates Limited was incorporated in 1981. It makes, trades and sells complex fertilisers such as DAP and NPK-10, NPK-12 and NP-20 grades, along with Zypmite, phospho-gypsum and hydrofluorosilicic acid.
It was the second largest private maker of non-urea fertilisers and DAP by sales volume in the nine months to 31 December 2021. Its brands are Jai Kisaan-Navratna and Navratna.
Its plant at Paradeep in Odisha has DAP and NPK, sulphuric acid and phosphoric acid units. Before the issue it was owned by Zuari Maroc Phosphates, which held 80.45%, and the Government of India, which held 19.55% and sold all of it in the offer.
The IPO was Rs 1,501.73 crore, with Rs 1,004.00 crore of fresh issue and Rs 497.73 crore of offer for sale by the government. Rs 520.00 crore was planned for buying the Goa facility and Rs 300.00 crore for repaying borrowings.
Frequently asked
What is the GMP of Paradeep Phosphates IPO?
The current Grey Market Premium (GMP) of Paradeep Phosphates IPO is ₹ 3.
What is the Kostak Price of Paradeep Phosphates IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Paradeep Phosphates IPO is not available.
What is the Subject to Sauda Price of Paradeep Phosphates 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 Paradeep Phosphates IPO?
Paradeep Phosphates IPO listed on May 27, 2022 at ₹44, against the issue price of ₹42 — a gain of +4.76%.
How did the GMP of Paradeep Phosphates IPO trend before listing?
The GMP of Paradeep Phosphates IPO was stable in its final days before listing. The GMP peaked at ₹3 on 19 May 2022. View the day-wise table above for the complete GMP history.
Explore Paradeep Phosphates 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.
