Udayshivakumar Infra IPO GMP History
Udayshivakumar Infra IPO has been listed on April 3, 2023 at a listing price of ₹30, against the issue price of ₹35 — a loss of ₹5 (-14.29%). The GMP peaked at ₹15 on 22 March 2023 and reached a low of ₹7 on 16 March 2023. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Udayshivakumar Infra IPO raised ₹66 Cr. through its IPO at a price band of ₹33 to ₹35 per share, with a lot size of 428 shares. The IPO was open for subscription from 20 Mar 2023 to 23 Mar 2023.
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, 11:47 AM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 31 Mar 2023 | ₹ 12 | — | 34% | — | — |
| 30 Mar 2023 | ₹ 12 | — | 34% | — | — |
| 29 Mar 2023 | ₹ 12 | — | 34% | — | — |
| 27 Mar 2023 | ₹ 12 | ▲ | 34% | — | — |
| 24 Mar 2023 | ₹ 10 | — | 29% | — | — |
| 23 Mar 2023 | ₹ 10 | ▼ | 29% | — | — |
| 22 Mar 2023 | ₹ 15 | — | 43% | — | — |
| 21 Mar 2023 | ₹ 15 | ▲ | 43% | — | — |
| 20 Mar 2023 | ₹ 10 | — | 29% | — | — |
| 18 Mar 2023 | ₹ 10 | ▲ | 29% | — | — |
| 17 Mar 2023 | ₹ 8 | ▲ | 23% | — | — |
| 16 Mar 2023 | ₹ 7 | ▼ | 20% | — | — |
| 15 Mar 2023 | ₹ 10 | — | 29% | — | — |
Udayshivakumar Infra IPO dates
Key dates from opening to listing. Today is 10 November.
- Open 20 Mar 2023
- Close 23 Mar 2023
- Allotment 28 Mar 2023
- Refund/credit 29 Mar 2023
- Listing 03 Apr 2023
Udayshivakumar Infra IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹35 |
|---|---|
| GMP-based estimate (pre-listing) | ₹47 (+34.3%) |
| Listing gain / loss | −₹5 per share |
| Listing date | 03 Apr, 2023 |
| Actual listing price | ₹30 (-14.29%) |
Is Udayshivakumar Infra IPO GMP reliable?
Grey market premium for Udayshivakumar Infra 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 Udayshivakumar Infra IPO full review for a fundamentals-based assessment before making any grey market trades.
Udayshivakumar Infra IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Udayshivakumar Infra 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 Udayshivakumar Infra IPO
Udayshivakumar Infra Limited began as the proprietorship M/s Udayshivakumar at Davangere on 22 August 2002. It became a partnership firm in 2014 and was converted into a company in 2019.
It builds roads, including state highways, district roads, smart roads under municipal corporations and the Smart City Mission, national highways, BBMP roads and local roads in taluka towns. It also bids for bridges, irrigation and canals, and industrial area work in Karnataka.
It works mainly in Karnataka for clients such as MORTH, state highway bodies and Karnataka government departments. As of 31 August 2022 it had executed over 30 projects, along with the earlier partnership firm, and had twenty-five ongoing projects.
The IPO was Rs 66 crore and was entirely fresh issue. Rs 45.00 crore was planned for working capital.
Frequently asked
What is the GMP of Udayshivakumar Infra IPO?
The current Grey Market Premium (GMP) of Udayshivakumar Infra IPO is ₹ 12.
What is the Kostak Price of Udayshivakumar Infra IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Udayshivakumar Infra IPO is not available.
What is the Subject to Sauda Price of Udayshivakumar Infra 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 Udayshivakumar Infra IPO?
Udayshivakumar Infra IPO listed on April 3, 2023 at ₹30, against the issue price of ₹35 — a loss of -14.29%.
How did the GMP of Udayshivakumar Infra IPO trend before listing?
The GMP of Udayshivakumar Infra IPO was stable in its final days before listing. The GMP peaked at ₹15 on 22 March 2023. View the day-wise table above for the complete GMP history.
Explore Udayshivakumar Infra 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.
