Prestige Estates Projects IPO GMP History
Prestige Estates Projects IPO has been listed on October 27, 2010 at a listing price of ₹190, against the issue price of ₹183 — a gain of ₹7 (+3.83%). The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Prestige Estates Projects IPO raised ₹1200 Cr. through its IPO at a price band of ₹172 to ₹183 per share, with a lot size of 30 shares. The IPO was open for subscription from 12 Oct 2010 to 14 Oct 2010.
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, 3:09 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. | |||||
Prestige Estates Projects IPO dates
Key dates from opening to listing. Today is 15 November.
- Open 12 Oct 2010
- Close 14 Oct 2010
- Allotment 21 Oct 2010
- Refund/credit TBA
- Listing 27 Oct 2010
Prestige Estates Projects IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹183 |
|---|---|
| Listing gain / loss | +₹7 per share |
| Listing date | 27 Oct, 2010 |
| Actual listing price | ₹190 (+3.83%) |
Is Prestige Estates Projects IPO GMP reliable?
Grey market premium for Prestige Estates Projects 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 Prestige Estates Projects IPO full review for a fundamentals-based assessment before making any grey market trades.
Prestige Estates Projects IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Prestige Estates Projects 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 Prestige Estates Projects IPO
Prestige Estates Projects Limited is a Bangalore based real estate developer. Its promoters are Irfan Razack, Rezwan Razack and Noaman Razack.
It had completed 142 real estate projects covering about 27.09 million sq ft.
Its portfolio covers residential projects such as apartments, villas, plotted developments and townships, commercial projects such as office blocks, technology parks and SEZs, as well as retail and hospitality projects.
The IPO was Rs 1,200 crore and was entirely fresh issue at Rs 183, the top of the Rs 172 to Rs 183 band. The money was for ongoing projects, investment in subsidiaries, land and repaying loans.
Frequently asked
What is the GMP of Prestige Estates Projects IPO?
The current Grey Market Premium (GMP) of Prestige Estates Projects IPO is not yet started or active in the market.
What is the Kostak Price of Prestige Estates Projects IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Prestige Estates Projects IPO is not available.
What is the Subject to Sauda Price of Prestige Estates Projects 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 Prestige Estates Projects IPO?
Prestige Estates Projects IPO listed on October 27, 2010 at ₹190, against the issue price of ₹183 — a gain of +3.83%.
How did the GMP of Prestige Estates Projects IPO trend before listing?
The GMP of Prestige Estates Projects IPO was stable in its final days before listing. View the day-wise table above for the complete GMP history.
Explore Prestige Estates Projects 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.
