TD Power Systems IPO GMP History
TD Power Systems IPO has been listed on September 8, 2011 at a listing price of ₹260, against the issue price of ₹256 — a gain of ₹4 (+1.56%). The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
TD Power Systems IPO raised ₹227 Cr. through its IPO at a price band of ₹256 to ₹261 per share, with a lot size of 25 shares. The IPO was open for subscription from 24 Aug 2011 to 26 Aug 2011.
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, 3:10 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. | |||||
TD Power Systems IPO dates
Key dates from opening to listing. Today is 13 November.
- Open 24 Aug 2011
- Close 26 Aug 2011
- Allotment 05 Sep 2011
- Refund/credit TBA
- Listing 08 Sep 2011
TD Power Systems IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹256 |
|---|---|
| Listing gain / loss | +₹4 per share |
| Listing date | 08 Sep, 2011 |
| Actual listing price | ₹260 (+1.56%) |
Is TD Power Systems IPO GMP reliable?
Grey market premium for TD Power Systems 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 TD Power Systems IPO full review for a fundamentals-based assessment before making any grey market trades.
TD Power Systems IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for TD Power Systems 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 TD Power Systems IPO
TD Power Systems Limited is a Bangalore based maker of AC generators. Its promoters are Nikhil Kumar, Hitoshi Matsuo and Mohib N. Khericha.
It makes AC generators with output from 1 MW to 52 MW for prime movers such as steam, gas, hydro and wind turbines and diesel and gas engines.
It also executes turbine generator island projects for steam turbine power plants of up to 52 MW, using a Japanese turbine combined with its own generator.
The IPO was Rs 227 crore and was entirely fresh issue at Rs 256, the bottom of the Rs 256 to Rs 261 band. The money was for expanding its plant at Dabaspet, a project office in Bangalore, repaying debt and working capital.
Frequently asked
What is the GMP of TD Power Systems IPO?
The current Grey Market Premium (GMP) of TD Power Systems IPO is not yet started or active in the market.
What is the Kostak Price of TD Power Systems IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for TD Power Systems IPO is not available.
What is the Subject to Sauda Price of TD Power Systems 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 TD Power Systems IPO?
TD Power Systems IPO listed on September 8, 2011 at ₹260, against the issue price of ₹256 — a gain of +1.56%.
How did the GMP of TD Power Systems IPO trend before listing?
The GMP of TD Power Systems IPO was stable in its final days before listing. View the day-wise table above for the complete GMP history.
Explore TD Power Systems 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.
