Texmo Pipes & Products IPO GMP History
Texmo Pipes & Products IPO has been listed on March 10, 2010 at a listing price of ₹92.8, against the issue price of ₹90 — a gain of ₹2.8 (+3.11%). The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Texmo Pipes & Products IPO raised ₹45 Cr. through its IPO at a price band of ₹85 to ₹90 per share, with a lot size of 75 shares. The IPO was open for subscription from 16 Feb 2010 to 19 Feb 2010.
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, 3:09 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. | |||||
Texmo Pipes & Products IPO dates
Key dates from opening to listing. Today is 12 November.
- Open 16 Feb 2010
- Close 19 Feb 2010
- Allotment 03 Mar 2010
- Refund/credit TBA
- Listing 10 Mar 2010
Texmo Pipes & Products IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹90 |
|---|---|
| Listing gain / loss | +₹2.8 per share |
| Listing date | 10 Mar, 2010 |
| Actual listing price | ₹92.8 (+3.11%) |
Is Texmo Pipes & Products IPO GMP reliable?
Grey market premium for Texmo Pipes & Products 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 Texmo Pipes & Products IPO full review for a fundamentals-based assessment before making any grey market trades.
Texmo Pipes & Products IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Texmo Pipes & Products 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 Texmo Pipes & Products IPO
Texmo Pipes and Products Limited was incorporated on 3 July 2008. Its promoters are Sanjay Agrawal and Rashmidevi Agrawal.
It makes PVC and HDPE pipes, including suction and delivery hose, rigid PVC and gasket pipes, casing pipes, SWR and plumbing pipes, conduit pipes, sprinkler pipes, cable ducts and drip irrigation systems.
Its pipes are used in irrigation, agriculture, drinking water schemes, sewerage, construction, telecom and bore wells. It sold in Madhya Pradesh, Maharashtra, Uttar Pradesh, Gujarat, Andhra Pradesh and Rajasthan.
The IPO was Rs 45 crore and was entirely fresh issue at Rs 90 per share. The money was for new products, a facility for injection moulded fittings and woven sacks, and working capital.
Frequently asked
What is the GMP of Texmo Pipes & Products IPO?
The current Grey Market Premium (GMP) of Texmo Pipes & Products IPO is not yet started or active in the market.
What is the Kostak Price of Texmo Pipes & Products IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Texmo Pipes & Products IPO is not available.
What is the Subject to Sauda Price of Texmo Pipes & Products 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 Texmo Pipes & Products IPO?
Texmo Pipes & Products IPO listed on March 10, 2010 at ₹92.8, against the issue price of ₹90 — a gain of +3.11%.
How did the GMP of Texmo Pipes & Products IPO trend before listing?
The GMP of Texmo Pipes & Products IPO was stable in its final days before listing. View the day-wise table above for the complete GMP history.
Explore Texmo Pipes & Products 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.
