Reliance Petroleum IPO GMP History
Reliance Petroleum IPO has been listed on May 11, 2006 at a listing price of ₹99.95, against the issue price of ₹60 — a gain of ₹39.95 (+66.58%). The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Reliance Petroleum IPO raised ₹8100 Cr. through its IPO at a price band of ₹57 to ₹62 per share, with a lot size of 100 shares. The IPO was open for subscription from 13 Apr 2006 to 20 Apr 2006.
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, 8:58 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. | |||||
Reliance Petroleum IPO dates
Key dates from opening to listing. Today is 12 November.
- Open 13 Apr 2006
- Close 20 Apr 2006
- Allotment 03 May 2006
- Refund/credit TBA
- Listing 11 May 2006
Reliance Petroleum IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹60 |
|---|---|
| Listing gain / loss | +₹39.95 per share |
| Listing date | 11 May, 2006 |
| Actual listing price | ₹99.95 (+66.58%) |
Is Reliance Petroleum IPO GMP reliable?
Grey market premium for Reliance Petroleum 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 Reliance Petroleum IPO full review for a fundamentals-based assessment before making any grey market trades.
Reliance Petroleum IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Reliance Petroleum 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 Reliance Petroleum IPO
Reliance Petroleum Limited was incorporated on 24 October 2005. Its promoter is Reliance Industries Limited (RIL).
It was set up to build a new refinery with a capacity to process 580 KBPSD of crude oil and a 0.9 million TPA polypropylene plant at Jamnagar, Gujarat, next to RIL's existing refinery and petrochemicals complex.
The project was estimated at Rs 270,000 million, with work starting on 1 December 2005. Before the issue, RIL transferred 225,000,000 shares, 5% of the post issue capital, to Chevron India.
The issue was 1,350,000,000 shares at Rs 60 (Rs 8,100 crore), within the Rs 57 to Rs 62 band. It included RIL's promoter contribution of 900,000,000 shares and a net issue to the public of 450,000,000 shares, 10% of the post issue capital.
Frequently asked
What is the GMP of Reliance Petroleum IPO?
The current Grey Market Premium (GMP) of Reliance Petroleum IPO is not yet started or active in the market.
What is the Kostak Price of Reliance Petroleum IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Reliance Petroleum IPO is not available.
What is the Subject to Sauda Price of Reliance Petroleum 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 Reliance Petroleum IPO?
Reliance Petroleum IPO listed on May 11, 2006 at ₹99.95, against the issue price of ₹60 — a gain of +66.58%.
How did the GMP of Reliance Petroleum IPO trend before listing?
The GMP of Reliance Petroleum IPO was stable in its final days before listing. View the day-wise table above for the complete GMP history.
Explore Reliance Petroleum 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.
