PNB Housing Finance IPO GMP History
PNB Housing Finance IPO has been listed on November 7, 2016 at a listing price of ₹860, against the issue price of ₹775 — a gain of ₹85 (+10.97%). The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
PNB Housing Finance IPO raised ₹3000 Cr. through its IPO at a price band of ₹750 to ₹775 per share, with a lot size of 19 shares. The IPO was open for subscription from 25 Oct 2016 to 27 Oct 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. | |||||
PNB Housing Finance IPO dates
Key dates from opening to listing. Today is 12 November.
- Open 25 Oct 2016
- Close 27 Oct 2016
- Allotment 03 Nov 2016
- Refund/credit TBA
- Listing 07 Nov 2016
PNB Housing Finance IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹775 |
|---|---|
| Listing gain / loss | +₹85 per share |
| Listing date | 07 Nov, 2016 |
| Actual listing price | ₹860 (+10.97%) |
Is PNB Housing Finance IPO GMP reliable?
Grey market premium for PNB Housing 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 PNB Housing Finance IPO full review for a fundamentals-based assessment before making any grey market trades.
PNB Housing Finance IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for PNB Housing 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 PNB Housing Finance IPO
PNB Housing Finance Limited is a subsidiary of Punjab National Bank, its promoter.
It gives housing loans to individuals and companies to build, buy, repair and upgrade homes.
It also offers loans for commercial space, residential plots, loans against property, and loans to real estate developers.
The IPO was Rs 3,000 crore and was entirely fresh issue at Rs 775, the top of the Rs 750 to Rs 775 band. Most of the money was to augment its capital base.
Frequently asked
What is the GMP of PNB Housing Finance IPO?
The current Grey Market Premium (GMP) of PNB Housing Finance IPO is not yet started or active in the market.
What is the Kostak Price of PNB Housing Finance IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for PNB Housing Finance IPO is not available.
What is the Subject to Sauda Price of PNB Housing 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 PNB Housing Finance IPO?
PNB Housing Finance IPO listed on November 7, 2016 at ₹860, against the issue price of ₹775 — a gain of +10.97%.
How did the GMP of PNB Housing Finance IPO trend before listing?
The GMP of PNB Housing Finance IPO was stable in its final days before listing. View the day-wise table above for the complete GMP history.
Explore PNB Housing 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.
