Aeroplane Basmati Rice IPO Final Day: GMP ₹6
Today marks the final day of the Aeroplane Basmati Rice IPO subscription period, and investors are making their last-minute decisions. As the window closes on March 27, 2026, the market is keenly watching the subscription figures and the grey market premium (GMP) to gauge investor sentiment. The IPO, which opened on March 24, 2026, with an issue price of ₹201 per share, aims to raise capital on the NSE mainboard.
| Date | GMP | Est. Listing |
|---|---|---|
| 02 Apr | +₹5 | ₹206 |
| 01 Apr | +₹3 | ₹204 |
| 31 Mar | +₹2 | ₹203 |
| 30 Mar | +₹3 | ₹204 |
| 28 Mar | +₹3 | ₹204 |
Subscription Status
As of the closing day, the subscription numbers for Aeroplane Basmati Rice IPO stand at 0x across all categories: Retail, Non-Institutional Investors (NII), and Qualified Institutional Buyers (QIB). A subscription of 0x indicates no applications have been received or recorded in these segments. This is a highly unusual situation for a mainboard IPO, especially on the closing day. Typically, by the final day, significant subscription levels are observed, particularly in the retail and NII categories. The absence of any subscription across all investor types raises significant questions about market interest and the perceived attractiveness of this offering. Investors often look for strong subscription numbers as an indicator of demand and potential listing gains.
| Category | Subscription | Progress |
|---|---|---|
| Retail | 1.36x | |
| NII / HNI | 12.70x | |
| QIB | 1.11x | |
| Total | 3.23x |
| Date | Retail | NII | QIB | Total |
|---|---|---|---|---|
| 01 Apr | 1.36x | 12.70x | 1.11x | 3.23x |
| 27 Mar | 1.36x | 12.70x | 1.11x | 3.23x |
| 25 Mar | 0.56x | 5.24x | 0.78x | 1.47x |
| 24 Mar | 0.37x | 4.61x | 0.58x | 1.19x |
GMP Update
The Grey Market Premium (GMP) for Aeroplane Basmati Rice IPO has seen a decline. Currently, the GMP stands at ₹6, a decrease of ₹2 from its previous day’s level of ₹8. While the GMP is still positive, indicating a slight expected gain on listing, the downward trend is noteworthy. The expected listing price, based on the current GMP and the issue price of ₹201, is approximately ₹207. A decreasing GMP, coupled with the zero subscription numbers, suggests a cooling of investor enthusiasm in the unofficial market. Investors often use GMP as a real-time indicator of market demand and potential listing performance.
Should You Apply?
The decision to invest in the Aeroplane Basmati Rice IPO on its closing day requires careful consideration of the available data. The most striking observation is the complete lack of subscription across all investor categories. This is an unprecedented scenario and warrants a thorough investigation into the underlying reasons. Such a situation could stem from various factors, including market skepticism, lack of awareness, or perceived risks associated with the company or the sector. While the GMP offers a marginal positive outlook for listing, it is currently very low and has shown a downward trend. Coupled with the zero subscription, it paints a cautious picture. Investors are advised to consult with SEBI registered investment advisors and conduct their own due diligence before making any investment decisions. It is crucial to understand the company’s fundamentals, future prospects, and the overall market conditions before committing capital, especially in light of the current subscription data. For a comprehensive overview and further details, please refer to the full IPO information.