Sona Comstar IPO GMP History
Sona Comstar IPO has been listed on June 24, 2021 at a listing price of ₹301, against the issue price of ₹291 — a gain of ₹10 (+3.44%). The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Sona Comstar IPO raised ₹5550 Cr. through its IPO at a price band of ₹285 to ₹291 per share, with a lot size of 51 shares. The IPO was open for subscription from 14 Jun 2021 to 16 Jun 2021.
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 10 Nov, 7:18 AM 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. | |||||
Sona Comstar IPO dates
Key dates from opening to listing. Today is 10 November.
- Open 14 Jun 2021
- Close 16 Jun 2021
- Allotment 21 Jun 2021
- Refund/credit 22 Jun 2021
- Listing 24 Jun 2021
Sona Comstar IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹291 |
|---|---|
| Listing gain / loss | +₹10 per share |
| Listing date | 24 Jun, 2021 |
| Actual listing price | ₹301 (+3.44%) |
Is Sona Comstar IPO GMP reliable?
Grey market premium for Sona Comstar 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 Sona Comstar IPO full review for a fundamentals-based assessment before making any grey market trades.
Sona Comstar IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Sona Comstar 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 Sona Comstar IPO
Sona BLW Precision Forgings Limited was incorporated in 1995. It designs, makes and supplies mission critical automotive components such as differential assemblies, gears, and conventional and micro-hybrid starter motors.
In Fiscal 2020 it completed the acquisition of the Comstar entities, which make starter motors, and the combined business trades as Sona Comstar. As per the CRISIL report, it was among the top 10 global players in differential bevel gears in 2020 and among the largest exporters of starter motors from India.
It sells to customers in India, the US, Europe and China. It has 9 manufacturing and assembly facilities, 6 of them in India and the others in the USA, China and Mexico.
The IPO was Rs 5,550 crore, of which Rs 300.00 crore was fresh issue and Rs 5,250.00 crore was offer for sale by Singapore VII Topco III Pte. Ltd. Rs 241.12 crore of the fresh issue was planned for repaying borrowings.
Frequently asked
What is the GMP of Sona Comstar IPO?
The current Grey Market Premium (GMP) of Sona Comstar IPO is not yet started or active in the market.
What is the Kostak Price of Sona Comstar IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Sona Comstar IPO is not available.
What is the Subject to Sauda Price of Sona Comstar 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 Sona Comstar IPO?
Sona Comstar IPO listed on June 24, 2021 at ₹301, against the issue price of ₹291 — a gain of +3.44%.
How did the GMP of Sona Comstar IPO trend before listing?
The GMP of Sona Comstar IPO was stable in its final days before listing. View the day-wise table above for the complete GMP history.
Explore Sona Comstar 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.
