Aether Industries IPO GMP

Aether Industries IPO GMP

by 5paisa Research Team Last Updated: Dec 10, 2022 - 03:51 pm 27.1k Views

The Aether Industries IPO issue opens for subscription on 24th May and closes for subscription on 26th May. The IPO consists entirely of an offer for the sale of Rs.181.04 crore by the promoters and PE investors. The issue has been priced in the band of Rs.610 to Rs.642 per share and the IPO allotment price will be discovered post the book building process completion. 

Check IPO Allotment Status of Aether Industries IPO on May 31st. The stock is scheduled to list on 3rd June. The GMP trading normally starts about 4-5 days prior to IPO opening and continues till the listing date. 

Aether Industries IPO GMP

Date GMP
01-Jun-22 Rs.15
31-May-22 Rs.15
28-May-22 Rs.10
27-May-22 Rs.10
26-May-22 Rs.10

In the above case, the GMP trend shows that the grey market premium has dropped down from Rs.32 per share to Rs.8 per share; over the last 3 days. Of course, we have to wait for the actual subscription numbers to flow in. But, clearly, this shows that this is not a positive signal.

Start Investing in 5 mins*

Get Benefits worth Rs. 5100 | Rs. 20 Flat Per Order | 0% Brokerage


If you consider the upper end of the price band of Rs.642 as the indicative price, then the likely listing price is being signaled at around Rs.650 per share (by adding the GMP premium to the upper end of the price band). One data point to track will be the subscription update on the stock as that would chart the GMP course from here.

The GMP of Rs.8 on a likely upper band pricing of Rs.642 indicates a listing premium of a very robust 1.23% over the listing price. That presupposes a listing price of approximately Rs.650 per share, when

Aether Industries actually lists on 03rd June 2022. Market conditions and the extent of subscription have a deep impact on the GMP as it is indicative of investor interest in the stock.

We should always remember that GMP is not an official price point, but just an informal price point. However, in most cases, it has proved to be a good informal indicator of demand and supply for the IPO. Hence it does give a broad idea of how the listing is likely to be and how the post-listing performance would be.

The catch is that this can grey market price can still keep changing depending on how the subscription pans out once the actual issue opens. That is why the trend of the GMP is as critical as the quantum of GMP.

Also Read:-

Upcoming IPOs in May 2022

List of Upcoming IPOs in 2022

How do you rate this blog?


Start Investing in 5 mins*

Rs. 20 Flat Per Order | 0% Brokerage

About the Author

Our research team is composed of some highly qualified research professionals, their expertise range across sectors.


Investment/Trading is subject to market risk, past performance doesn’t guarantee future performance. The risk of trading/investment loss in securities markets can be substantial. Also, the above report is compiled from data available on public platforms.

Open Free Demat Account

Resend OTP
Please Enter OTP
Account belongs to

By proceeding, you agree to the T&C.

Latest Blogs
Nifty Outlook for 8 June 2023

Post consolidating in a range for the last few days, Nifty resumed its uptrend and rallied higher led by broader market participation. The index surpassed the 18700 mark and ended well above that with gains of around seven-tenths of a percent.

  • Jun 07, 2023
Bearer Cheque

Introduction A bearer cheque is an efficient and adaptable financial tool. It is a method of payment where the cheque is made out to the owner or bearer of the document. Bearer cheques enable the holder to cash or deposit the cheque without any requirement for identification or endorsement, in contrast to other cheques payable to a specific person or business.

  • Jun 06, 2023
Best Indicators for Intraday Trading

Introduction Intraday trading, also known as day trading, is a fast-paced trading strategy where traders aim to take advantage of short-term price fluctuations in financial markets. To succeed in this highly competitive arena, traders rely on various best indicators for intraday to make informed decisions and maximize their chances of profitability.

  • Jun 06, 2023

Start Investing Now!

Open Free Demat Account in 5 mins

Enter Valid Mobile Number