Sah Petroleums IPO GMP History
Sah Petroleums IPO has been listed on September 24, 2004 at a listing price of ₹44, against the issue price of ₹35 — a gain of ₹9 (+25.71%). The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Sah Petroleums IPO raised ₹31.78 Cr. through its IPO at a price band of TBA per share, with a lot size of 150 shares. The IPO was open for subscription from 30 Aug 2004 to 06 Sep 2004.
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. | |||||
Sah Petroleums IPO dates
Key dates from opening to listing. Today is 12 November.
- Open 30 Aug 2004
- Close 06 Sep 2004
- Allotment 16 Sep 2004
- Refund/credit TBA
- Listing 24 Sep 2004
Sah Petroleums IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹35 |
|---|---|
| Listing gain / loss | +₹9 per share |
| Listing date | 24 Sep, 2004 |
| Actual listing price | ₹44 (+25.71%) |
Is Sah Petroleums IPO GMP reliable?
Grey market premium for Sah Petroleums 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 Sah Petroleums IPO full review for a fundamentals-based assessment before making any grey market trades.
Sah Petroleums IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Sah Petroleums 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 Sah Petroleums IPO
Sah Petroleums Limited makes a wide range of industrial lubricants, specialties, process oils, automotive lubricants and greases under the registered brand name IPOL. Its promoters are Rajendra Sah, Shobha Sah, Vivek Sah, Aditya Sah and Rajendra Sah (HUF).
The founder began making lubricants under the IPOL brand in 1973 and had 40 years of experience in the industry.
The prospectus described it as one of the top private companies in India making lubricants.
The IPO was Rs 31.78 crore and was entirely a fresh issue at Rs 35 per share, with a face value of Rs 5. The money was for new plants at Vasai and Daman, marketing and working capital.
Frequently asked
What is the GMP of Sah Petroleums IPO?
The current Grey Market Premium (GMP) of Sah Petroleums IPO is not yet started or active in the market.
What is the Kostak Price of Sah Petroleums IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Sah Petroleums IPO is not available.
What is the Subject to Sauda Price of Sah Petroleums 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 Sah Petroleums IPO?
Sah Petroleums IPO listed on September 24, 2004 at ₹44, against the issue price of ₹35 — a gain of +25.71%.
How did the GMP of Sah Petroleums IPO trend before listing?
The GMP of Sah Petroleums IPO was stable in its final days before listing. View the day-wise table above for the complete GMP history.
Explore Sah Petroleums 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.
