Ruchira Papers IPO GMP History
Ruchira Papers IPO has been listed on December 20, 2006 at a listing price of ₹24, against the issue price of ₹23 — a gain of ₹1 (+4.35%). The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Ruchira Papers IPO raised ₹28.5 Cr. through its IPO at a price band of ₹21 to ₹23 per share, with a lot size of 250 shares. The IPO was open for subscription from 23 Nov 2006 to 29 Nov 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. | |||||
Ruchira Papers IPO dates
Key dates from opening to listing. Today is 14 November.
- Open 23 Nov 2006
- Close 29 Nov 2006
- Allotment 12 Dec 2006
- Refund/credit TBA
- Listing 20 Dec 2006
Ruchira Papers IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹23 |
|---|---|
| Listing gain / loss | +₹1 per share |
| Listing date | 20 Dec, 2006 |
| Actual listing price | ₹24 (+4.35%) |
Is Ruchira Papers IPO GMP reliable?
Grey market premium for Ruchira Papers 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 Ruchira Papers IPO full review for a fundamentals-based assessment before making any grey market trades.
Ruchira Papers IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Ruchira Papers 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 Ruchira Papers IPO
Ruchira Papers Limited was incorporated as a public limited company on 8 December 1980 and has its registered office at Kala Amb in Sirmour district, Himachal Pradesh. It was first promoted by Umesh Chander Garg, Subhash Chander Garg and Jatinder Singh, and its promoters now also include Shashi Garg, Parveen Garg and Charanjeet Kaur.
It makes paper at its unit at Kala Amb.
Over the years it raised its production capacity from 2310 TPA to 52800 TPA.
The IPO was Rs 28.50 crore at Rs 23, the top of the Rs 21 to Rs 23 band. The money was for a writing and printing paper plant with a chemical recovery plant and a co-generation power plant.
Frequently asked
What is the GMP of Ruchira Papers IPO?
The current Grey Market Premium (GMP) of Ruchira Papers IPO is not yet started or active in the market.
What is the Kostak Price of Ruchira Papers IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Ruchira Papers IPO is not available.
What is the Subject to Sauda Price of Ruchira Papers 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 Ruchira Papers IPO?
Ruchira Papers IPO listed on December 20, 2006 at ₹24, against the issue price of ₹23 — a gain of +4.35%.
How did the GMP of Ruchira Papers IPO trend before listing?
The GMP of Ruchira Papers IPO was stable in its final days before listing. View the day-wise table above for the complete GMP history.
Explore Ruchira Papers 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.
