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TCNS Clothing Company IPO GMP History

TCNS Clothing Company IPO has been listed on July 30, 2018 at a listing price of ₹716, against the issue price of ₹716 — a gain of ₹0 (+0%). The GMP peaked at ₹62.5 on 11 July 2018 and reached a low of ₹7.5 on 29 July 2018. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.

TCNS Clothing Company IPO raised ₹1125.13 Cr. through its IPO at a price band of ₹714 to ₹716 per share, with a lot size of 20 shares. The IPO was open for subscription from 18 Jul 2018 to 20 Jul 2018.

Abhishek Vohera, Founder of IPO Guru 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, 3:12 PM IST.

Peak GMP
₹62.5
11 Jul 2018
Lowest GMP
₹7.5
29 Jul 2018
Direction
— stable
Latest day vs the day before

Day-wise GMP

The last reading of each day, newest first. Arrows compare with the previous day.

Date GMP ↑↓ % Kostak Sub. Sauda
29 Jul 2018 ₹ 7.5 — 1% — —
28 Jul 2018 ₹ 7.5 — 1% — —
27 Jul 2018 ₹ 7.5 — 1% — —
26 Jul 2018 ₹ 7.5 ▼ 1% — —
25 Jul 2018 ₹ 9 — 1% — —
24 Jul 2018 ₹ 9 — 1% — —
23 Jul 2018 ₹ 9 ▼ 1% — —
22 Jul 2018 ₹ 17.5 — 2% — —
21 Jul 2018 ₹ 17.5 — 2% — —
20 Jul 2018 ₹ 17.5 — 2% — —
19 Jul 2018 ₹ 17.5 ▼ 2% — —
18 Jul 2018 ₹ 27.5 — 4% — —
17 Jul 2018 ₹ 27.5 ▼ 4% — —
16 Jul 2018 ₹ 32.5 — 5% — —
15 Jul 2018 ₹ 32.5 — 5% — —
14 Jul 2018 ₹ 32.5 — 5% — —
13 Jul 2018 ₹ 32.5 ▲ 5% — —
12 Jul 2018 ₹ 27.5 ▼ 4% — —
11 Jul 2018 ₹ 62.5 — 9% — —

TCNS Clothing Company IPO dates

Key dates from opening to listing. Today is 14 November.

Key dates Listed
  1. Open 18 Jul 2018
  2. Close 20 Jul 2018
  3. Allotment 25 Jul 2018
  4. Refund/credit 26 Jul 2018
  5. Listing 30 Jul 2018

TCNS Clothing Company IPO actual listing price

How the grey market's final call compared with the listing-day open.

Issue price₹716
GMP-based estimate (pre-listing)₹723 (+1%)
Listing gain / loss +₹0 per share
Listing date30 Jul, 2018
Actual listing price ₹716 (+0%)

Is TCNS Clothing Company IPO GMP reliable?

Grey market premium for TCNS Clothing Company 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 TCNS Clothing Company IPO full review for a fundamentals-based assessment before making any grey market trades.

TCNS Clothing Company IPO Kostak rate explained

Two ways the grey market trades an IPO application before listing.

Kostak
Not available

The Kostak rate for TCNS Clothing Company 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.

Subject to Sauda
Not available

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 TCNS Clothing Company IPO

TCNS Clothing Company Limited is a Delhi based maker and retailer of branded women's apparel. Its promoters are Onkar Singh Pasricha and Arvinder Singh Pasricha.

According to Technopak, as of November 2017 it was India's leading women's branded apparel company by total number of exclusive brand outlets.

It offers top wear, bottom wear, drapes, combination sets and other women's wear.

The IPO was Rs 1,125.13 crore and was entirely an offer for sale at Rs 716, the top of the Rs 714 to Rs 716 band, so the company received no money.

View full IPO details →

Frequently asked

What is the GMP of TCNS Clothing Company IPO?

The current Grey Market Premium (GMP) of TCNS Clothing Company IPO is ₹ 7.5.

What is the Kostak Price of TCNS Clothing Company IPO?

Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for TCNS Clothing Company IPO is not available.

What is the Subject to Sauda Price of TCNS Clothing Company 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 TCNS Clothing Company IPO?

TCNS Clothing Company IPO listed on July 30, 2018 at ₹716, against the issue price of ₹716 — a gain of +0%.

How did the GMP of TCNS Clothing Company IPO trend before listing?

The GMP of TCNS Clothing Company IPO was stable in its final days before listing. The GMP peaked at ₹62.5 on 11 July 2018. View the day-wise table above for the complete GMP history.

Explore TCNS Clothing Company IPO further

The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.

TCNS Clothing Company IPO GMP

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.

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Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.

GMP
₹ 7.5
Kostak
—
Listed at
₹716
Full IPO details
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