Manyavar IPO GMP History
Manyavar IPO has been listed on February 16, 2022 at a listing price of ₹935, against the issue price of ₹866 — a gain of ₹69 (+7.97%). The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Manyavar IPO raised ₹3149.19 Cr. through its IPO at a price band of ₹824 to ₹866 per share, with a lot size of 17 shares. The IPO was open for subscription from 04 Feb 2022 to 08 Feb 2022.
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, 11:24 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. | |||||
Manyavar IPO dates
Key dates from opening to listing. Today is 10 November.
- Open 04 Feb 2022
- Close 08 Feb 2022
- Allotment 11 Feb 2022
- Refund/credit 14 Feb 2022
- Listing 16 Feb 2022
Manyavar IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹866 |
|---|---|
| Listing gain / loss | +₹69 per share |
| Listing date | 16 Feb, 2022 |
| Actual listing price | ₹935 (+7.97%) |
Is Manyavar IPO GMP reliable?
Grey market premium for Manyavar 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 Manyavar IPO full review for a fundamentals-based assessment before making any grey market trades.
Manyavar IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Manyavar 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 Manyavar IPO
Vedant Fashions Limited was incorporated as a private company at Kolkata on 24 May 2002. It serves the Indian celebration wear market and was the largest company in men's Indian wedding and celebration wear by revenue, OPBDIT and profit after tax in Financial Year 2020.
Its brands are Manyavar, Mohey, Mebaz, Manthan and Twamev, covering men's and women's celebration wear.
It sells mainly through franchise-owned exclusive brand outlets, plus multi-brand outlets, large format stores and online through manyavar.com and its app. On 30 September 2021 it had 535 exclusive brand outlets, including 55 shop-in-shops, across 212 cities and towns in India, with a retail area of 1.2 million sq. ft.
The IPO was Rs 3,149.19 crore and was entirely an offer for sale, so the company received none of the money.
Frequently asked
What is the GMP of Manyavar IPO?
The current Grey Market Premium (GMP) of Manyavar IPO is not yet started or active in the market.
What is the Kostak Price of Manyavar IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Manyavar IPO is not available.
What is the Subject to Sauda Price of Manyavar 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 Manyavar IPO?
Manyavar IPO listed on February 16, 2022 at ₹935, against the issue price of ₹866 — a gain of +7.97%.
How did the GMP of Manyavar IPO trend before listing?
The GMP of Manyavar IPO was stable in its final days before listing. View the day-wise table above for the complete GMP history.
Explore Manyavar 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.
