IPO GMP shows us the premium that someone is willing to pay for the corresponding IPO in the grey market; It is used frequently to forecast the listing price of upcoming IPOs.
Incorporated in 1984, Concord Biotech Limited is an India-based R&D-driven biopharma company. They are supplying their products to over 70 countries including the USA, India, Europe, and Japan. The company manufactures Active Pharmaceutical Ingredients (API) through fermentation & semi-synthetic process and finished formulations. It started with a single product and has grown to become a wide-spectrum solution provider.
IPO Date
IPO Close
Face Value
IPO Price
IPO Size
Lot Size
Listing At
Allotment Date
Listing Date
04-Aug-23
₹1 per share
₹705 to ₹741
08-Aug-23
₹1,551.00 Cr
20 shares
NSE, SME
11-August-23
18-August-23
Date
GMP
14-Aug-23
Rs. 114
15-Aug-23
Rs. 120
16-Aug-23
Rs. 120
17-Aug-23
Rs. 122
18-Aug-23
Rs. 122