Raj Television Network IPO GMP History
Raj Television Network IPO has been listed on March 16, 2007 at a listing price of ₹225, against the issue price of ₹257 — a loss of ₹32 (-12.45%). The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Raj Television Network IPO raised ₹91.78 Cr. through its IPO at a price band of ₹221 to ₹257 per share, with a lot size of 25 shares. The IPO was open for subscription from 14 Feb 2007 to 23 Feb 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. | |||||
Raj Television Network IPO dates
Key dates from opening to listing. Today is 14 November.
- Open 14 Feb 2007
- Close 23 Feb 2007
- Allotment 07 Mar 2007
- Refund/credit TBA
- Listing 16 Mar 2007
Raj Television Network IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹257 |
|---|---|
| Listing gain / loss | −₹32 per share |
| Listing date | 16 Mar, 2007 |
| Actual listing price | ₹225 (-12.45%) |
Is Raj Television Network IPO GMP reliable?
Grey market premium for Raj Television Network 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 Raj Television Network IPO full review for a fundamentals-based assessment before making any grey market trades.
Raj Television Network IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Raj Television Network 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 Raj Television Network IPO
Raj Television Network Limited is a regional media house running Tamil language entertainment channels. Its promoters are M. Raajhendhran, M. Rajaratnam, M. Ravindran and M. Regunathan.
It broadcast 2 channels, Raj TV and Raj Digital Plus, which together made it one of the largest regional satellite broadcasters in Tamil Nadu. Raj TV has been in operation since 1994.
It was launching a third, multi content channel for young viewers. As of 31 December 2006 it had 253 permanent employees.
The IPO was Rs 91.78 crore, with Rs 58.43 crore of fresh issue and Rs 33.35 crore of offer for sale, at Rs 257, the top of the Rs 221 to Rs 257 band.
Frequently asked
What is the GMP of Raj Television Network IPO?
The current Grey Market Premium (GMP) of Raj Television Network IPO is not yet started or active in the market.
What is the Kostak Price of Raj Television Network IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Raj Television Network IPO is not available.
What is the Subject to Sauda Price of Raj Television Network 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 Raj Television Network IPO?
Raj Television Network IPO listed on March 16, 2007 at ₹225, against the issue price of ₹257 — a loss of -12.45%.
How did the GMP of Raj Television Network IPO trend before listing?
The GMP of Raj Television Network IPO was stable in its final days before listing. View the day-wise table above for the complete GMP history.
Explore Raj Television Network 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.
