RBL Bank IPO GMP History
RBL Bank IPO has been listed on August 31, 2016 at a listing price of ₹274.2, against the issue price of ₹225 — a gain of ₹49.2 (+21.87%). The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
RBL Bank IPO raised ₹1212.97 Cr. through its IPO at a price band of ₹224 to ₹225 per share, with a lot size of 65 shares. The IPO was open for subscription from 19 Aug 2016 to 23 Aug 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. | |||||
RBL Bank IPO dates
Key dates from opening to listing. Today is 14 November.
- Open 19 Aug 2016
- Close 23 Aug 2016
- Allotment 27 Aug 2016
- Refund/credit TBA
- Listing 31 Aug 2016
RBL Bank IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹225 |
|---|---|
| Listing gain / loss | +₹49.2 per share |
| Listing date | 31 Aug, 2016 |
| Actual listing price | ₹274.2 (+21.87%) |
Is RBL Bank IPO GMP reliable?
Grey market premium for RBL Bank 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 RBL Bank IPO full review for a fundamentals-based assessment before making any grey market trades.
RBL Bank IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for RBL Bank 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 RBL Bank IPO
RBL Bank Limited was incorporated in 1943 as a regional bank in Maharashtra and is now a Mumbai based private sector bank. It has no identifiable promoter.
It offers banking products and services to large corporations, SMEs, agricultural customers, retail customers, and development banking and financial inclusion customers.
As of 31 March 2016 it had 197 branches and 362 ATMs across 16 states, serving over 1.9 million customers.
The IPO was Rs 1,212.97 crore, with Rs 832.50 crore of fresh issue and Rs 380.47 crore of offer for sale, at Rs 225, the top of the Rs 224 to Rs 225 band. The fresh money was to augment its Tier I capital for growth and Basel III.
Frequently asked
What is the GMP of RBL Bank IPO?
The current Grey Market Premium (GMP) of RBL Bank IPO is not yet started or active in the market.
What is the Kostak Price of RBL Bank IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for RBL Bank IPO is not available.
What is the Subject to Sauda Price of RBL Bank 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 RBL Bank IPO?
RBL Bank IPO listed on August 31, 2016 at ₹274.2, against the issue price of ₹225 — a gain of +21.87%.
How did the GMP of RBL Bank IPO trend before listing?
The GMP of RBL Bank IPO was stable in its final days before listing. View the day-wise table above for the complete GMP history.
Explore RBL Bank 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.
