Puravankara Projects IPO GMP History
Puravankara Projects IPO has been listed on August 30, 2007 at a listing price of ₹310, against the issue price of ₹400 — a loss of ₹90 (-22.5%). The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Puravankara Projects IPO raised ₹856.28 Cr. through its IPO at a price band of ₹400 to ₹450 per share, with a lot size of 10 shares. The IPO was open for subscription from 31 Jul 2007 to 08 Aug 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. | |||||
Puravankara Projects IPO dates
Key dates from opening to listing. Today is 12 November.
- Open 31 Jul 2007
- Close 08 Aug 2007
- Allotment 22 Aug 2007
- Refund/credit TBA
- Listing 30 Aug 2007
Puravankara Projects IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹400 |
|---|---|
| Listing gain / loss | −₹90 per share |
| Listing date | 30 Aug, 2007 |
| Actual listing price | ₹310 (-22.5%) |
Is Puravankara Projects IPO GMP reliable?
Grey market premium for Puravankara 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 Puravankara Projects IPO full review for a fundamentals-based assessment before making any grey market trades.
Puravankara Projects IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Puravankara 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 Puravankara Projects IPO
Puravankara Projects Limited was incorporated as Puravankara Constructions Private Limited on 3 June 1986 in Mumbai. Its promoter is Ravi Puravankara.
It develops residential projects such as apartment complexes, villas and townhouses, and commercial retail and office space, mostly in south India, with operations in Bangalore, Kochi, Chennai, Coimbatore, Hyderabad and Mysore.
As of 6 August 2007 its land bank for ongoing projects was about 5.10 million sq. ft. of land area. It was awarded CRISIL DA2+ ratings in 2002, 2004 and 2006 for the quality and timely delivery of its projects.
The IPO was Rs 856.28 crore and was entirely a fresh issue at Rs 400, the bottom of the Rs 400 to Rs 450 band. The money was for buying land and repaying loans.
Frequently asked
What is the GMP of Puravankara Projects IPO?
The current Grey Market Premium (GMP) of Puravankara Projects IPO is not yet started or active in the market.
What is the Kostak Price of Puravankara Projects IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Puravankara Projects IPO is not available.
What is the Subject to Sauda Price of Puravankara 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 Puravankara Projects IPO?
Puravankara Projects IPO listed on August 30, 2007 at ₹310, against the issue price of ₹400 — a loss of -22.5%.
How did the GMP of Puravankara Projects IPO trend before listing?
The GMP of Puravankara Projects IPO was stable in its final days before listing. View the day-wise table above for the complete GMP history.
Explore Puravankara 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.
