Parag Milk Foods IPO GMP History
Parag Milk Foods IPO has been listed on May 19, 2016 at a listing price of ₹217.5, against the issue price of ₹215 — a gain of ₹2.5 (+1.16%). The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Parag Milk Foods IPO raised ₹750.54 Cr. through its IPO at a price band of ₹215 to ₹227 per share, with a lot size of 65 shares. The IPO was open for subscription from 04 May 2016 to 11 May 2016.
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, 3:11 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. | |||||
Parag Milk Foods IPO dates
Key dates from opening to listing. Today is 14 November.
- Open 04 May 2016
- Close 11 May 2016
- Allotment 17 May 2016
- Refund/credit TBA
- Listing 19 May 2016
Parag Milk Foods IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹215 |
|---|---|
| Listing gain / loss | +₹2.5 per share |
| Listing date | 19 May, 2016 |
| Actual listing price | ₹217.5 (+1.16%) |
Is Parag Milk Foods IPO GMP reliable?
Grey market premium for Parag Milk Foods 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 Parag Milk Foods IPO full review for a fundamentals-based assessment before making any grey market trades.
Parag Milk Foods IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Parag Milk Foods 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 Parag Milk Foods IPO
Parag Milk Foods Limited is a Pune based maker of dairy based branded food. Its promoters are Devendra Shah, Pritam Shah and Parag Shah.
It collects and distributes milk and makes branded dairy products including cheese, ghee, whey proteins, paneer, curd, yoghurt, milk powders and dairy based beverages, all from cow milk.
Its manufacturing facilities are at Manchar in Pune district, Maharashtra.
The IPO was Rs 750.54 crore, with Rs 300.00 crore of fresh issue and Rs 450.54 crore of offer for sale, at Rs 215, the bottom of the Rs 215 to Rs 227 band. The fresh money was for expansion and modernisation and repaying working capital loans.
Frequently asked
What is the GMP of Parag Milk Foods IPO?
The current Grey Market Premium (GMP) of Parag Milk Foods IPO is not yet started or active in the market.
What is the Kostak Price of Parag Milk Foods IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Parag Milk Foods IPO is not available.
What is the Subject to Sauda Price of Parag Milk Foods 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 Parag Milk Foods IPO?
Parag Milk Foods IPO listed on May 19, 2016 at ₹217.5, against the issue price of ₹215 — a gain of +1.16%.
How did the GMP of Parag Milk Foods IPO trend before listing?
The GMP of Parag Milk Foods IPO was stable in its final days before listing. View the day-wise table above for the complete GMP history.
Explore Parag Milk Foods 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.
