SEL Manufacturing Co IPO GMP History
SEL Manufacturing Co IPO has been listed on August 21, 2007 at a listing price of ₹95, against the issue price of ₹90 — a gain of ₹5 (+5.56%). The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
SEL Manufacturing Co IPO raised ₹37.25 Cr. through its IPO at a price band of ₹80 to ₹90 per share, with a lot size of 75 shares. The IPO was open for subscription from 26 Jul 2007 to 31 Jul 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. | |||||
SEL Manufacturing Co IPO dates
Key dates from opening to listing. Today is 12 November.
- Open 26 Jul 2007
- Close 31 Jul 2007
- Allotment 13 Aug 2007
- Refund/credit TBA
- Listing 21 Aug 2007
SEL Manufacturing Co IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹90 |
|---|---|
| Listing gain / loss | +₹5 per share |
| Listing date | 21 Aug, 2007 |
| Actual listing price | ₹95 (+5.56%) |
Is SEL Manufacturing Co IPO GMP reliable?
Grey market premium for SEL Manufacturing Co 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 SEL Manufacturing Co IPO full review for a fundamentals-based assessment before making any grey market trades.
SEL Manufacturing Co IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for SEL Manufacturing Co 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 SEL Manufacturing Co IPO
SEL Manufacturing Company Limited was incorporated as Saluja Exim Limited on 8 May 2000 and has its registered office at Dhandari Khurd, Ludhiana. Its promoters are Ram Saran Saluja, Neeraj Saluja, Dhiraj Saluja and other members of the Saluja family.
It is a vertically integrated textile company that makes and exports cotton yarn, knitted fabric and knitted garments such as t-shirts, polo shirts, sweat shirts and thermals, from plants in Ludhiana, Punjab and Baddi, Himachal Pradesh.
It could make 6 million garment pieces a year and had about 49,056 spindles. Most of its garments were exported to Russia and the UAE, where it had representative offices. Saluja Fabrics and Saluja Processors were merged into it from 1 April 2004.
The IPO was Rs 37.25 crore and was entirely a fresh issue at Rs 90, the top of the Rs 80 to Rs 90 band. The money was to part fund an expansion project and for working capital.
Frequently asked
What is the GMP of SEL Manufacturing Co IPO?
The current Grey Market Premium (GMP) of SEL Manufacturing Co IPO is not yet started or active in the market.
What is the Kostak Price of SEL Manufacturing Co IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for SEL Manufacturing Co IPO is not available.
What is the Subject to Sauda Price of SEL Manufacturing Co 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 SEL Manufacturing Co IPO?
SEL Manufacturing Co IPO listed on August 21, 2007 at ₹95, against the issue price of ₹90 — a gain of +5.56%.
How did the GMP of SEL Manufacturing Co IPO trend before listing?
The GMP of SEL Manufacturing Co IPO was stable in its final days before listing. View the day-wise table above for the complete GMP history.
Explore SEL Manufacturing Co 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.
