Shoppers Stop IPO GMP History
Shoppers Stop IPO has been listed on May 23, 2005 at a listing price of ₹356.2, against the issue price of ₹238 — a gain of ₹118.2 (+49.66%). The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Shoppers Stop IPO raised ₹165.32 Cr. through its IPO at a price band of ₹210 to ₹250 per share, with a lot size of 25 shares. The IPO was open for subscription from 28 Apr 2005 to 04 May 2005.
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. | |||||
Shoppers Stop IPO dates
Key dates from opening to listing. Today is 12 November.
- Open 28 Apr 2005
- Close 04 May 2005
- Allotment 13 May 2005
- Refund/credit TBA
- Listing 23 May 2005
Shoppers Stop IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹238 |
|---|---|
| Listing gain / loss | +₹118.2 per share |
| Listing date | 23 May, 2005 |
| Actual listing price | ₹356.2 (+49.66%) |
Is Shoppers Stop IPO GMP reliable?
Grey market premium for Shoppers Stop 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 Shoppers Stop IPO full review for a fundamentals-based assessment before making any grey market trades.
Shoppers Stop IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Shoppers Stop 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 Shoppers Stop IPO
Shoppers Stop Limited was incorporated in 1997 and is part of the K. Raheja Corp group (Chandru L. Raheja group). Its promoters are Chandru L. Raheja, Jyoti C. Raheja, Ravi C. Raheja, Neel C. Raheja and group companies.
It runs large format department stores selling lifestyle merchandise.
It grew from one store of 2,800 sq ft in Mumbai in 1991 to 16 stores in Mumbai, Delhi, Kolkata, Chennai, Bangalore, Hyderabad, Pune, Jaipur and Gurgaon, covering 752,848 sq ft.
The IPO was Rs 165.32 crore at Rs 238 within the Rs 210 to Rs 250 band, with a face value of Rs 10.
Frequently asked
What is the GMP of Shoppers Stop IPO?
The current Grey Market Premium (GMP) of Shoppers Stop IPO is not yet started or active in the market.
What is the Kostak Price of Shoppers Stop IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Shoppers Stop IPO is not available.
What is the Subject to Sauda Price of Shoppers Stop 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 Shoppers Stop IPO?
Shoppers Stop IPO listed on May 23, 2005 at ₹356.2, against the issue price of ₹238 — a gain of +49.66%.
How did the GMP of Shoppers Stop IPO trend before listing?
The GMP of Shoppers Stop IPO was stable in its final days before listing. View the day-wise table above for the complete GMP history.
Explore Shoppers Stop 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.
