Vibhor Steel Tubes IPO GMP History
Vibhor Steel Tubes IPO has been listed on February 20, 2024 at a listing price of ₹425, against the issue price of ₹151 — a gain of ₹274 (+181.46%). The GMP peaked at ₹130 on 19 February 2024 and reached a low of ₹110 on 15 February 2024. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Vibhor Steel Tubes IPO raised ₹72.17 Cr. through its IPO at a price band of ₹141 to ₹151 per share, with a lot size of 99 shares. The IPO was open for subscription from 13 Feb 2024 to 15 Feb 2024.
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, 6:31 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 19 Feb 2024 | ₹ 130 | ▲ | 86% | — | — |
| 17 Feb 2024 | ₹ 120 | — | 79% | — | — |
| 16 Feb 2024 | ₹ 120 | ▲ | 79% | — | — |
| 15 Feb 2024 | ₹ 110 | ▼ | 73% | — | — |
| 14 Feb 2024 | ₹ 120 | — | 79% | — | — |
| 13 Feb 2024 | ₹ 120 | ▼ | 79% | — | — |
| 12 Feb 2024 | ₹ 125 | ▲ | 83% | — | — |
| 10 Feb 2024 | ₹ 120 | — | 79% | — | — |
| 09 Feb 2024 | ₹ 120 | — | 79% | — | — |
| 08 Feb 2024 | ₹ 120 | — | 79% | — | — |
Vibhor Steel Tubes IPO dates
Key dates from opening to listing. Today is 11 November.
- Open 13 Feb 2024
- Close 15 Feb 2024
- Allotment 16 Feb 2024
- Refund/credit 19 Feb 2024
- Listing 20 Feb 2024
Vibhor Steel Tubes IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹151 |
|---|---|
| GMP-based estimate (pre-listing) | ₹281 (+86.1%) |
| Listing gain / loss | +₹274 per share |
| Listing date | 20 Feb, 2024 |
| Actual listing price | ₹425 (+181.46%) |
Is Vibhor Steel Tubes IPO GMP reliable?
Grey market premium for Vibhor Steel Tubes 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 Vibhor Steel Tubes IPO full review for a fundamentals-based assessment before making any grey market trades.
Vibhor Steel Tubes IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Vibhor Steel Tubes 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 Vibhor Steel Tubes IPO
Vibhor Steel Tubes Limited was incorporated as Vibhor Steel Tubes Private Limited on 16 April 2003. It makes, exports and supplies steel pipes and tubes for heavy engineering industries in India.
Its products include ERW pipes for water, oil and gas transport, hot-dipped galvanised pipes for agriculture and infrastructure, square and rectangular hollow sections, primer painted pipes and crash barriers for railways and highways.
It has a unit at Raigad, Maharashtra and another in Mahabubnagar district, Telangana. It makes and supplies finished goods for Jindal Pipes Limited under the Jindal Star brand, under a renewed agreement dated 1 April 2023.
The IPO was Rs 72.17 crore and was entirely fresh issue. Rs 62.00 crore was planned for working capital including margin money.
Frequently asked
What is the GMP of Vibhor Steel Tubes IPO?
The current Grey Market Premium (GMP) of Vibhor Steel Tubes IPO is ₹ 130.
What is the Kostak Price of Vibhor Steel Tubes IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Vibhor Steel Tubes IPO is not available.
What is the Subject to Sauda Price of Vibhor Steel Tubes 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 Vibhor Steel Tubes IPO?
Vibhor Steel Tubes IPO listed on February 20, 2024 at ₹425, against the issue price of ₹151 — a gain of +181.46%.
How did the GMP of Vibhor Steel Tubes IPO trend before listing?
The GMP of Vibhor Steel Tubes IPO was rising in its final days before listing. The GMP peaked at ₹130 on 19 February 2024. View the day-wise table above for the complete GMP history.
Explore Vibhor Steel Tubes 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.
