Aeroplane Basmati Rice IPO Day 5: GMP ₹7 (+₹1), Subscription 35.0x
As the IPO of Aeroplane Basmati Rice Limited on the NSE Mainboard draws to a close, Day 5 has seen a significant surge in overall subscription, reaching a robust 35 times the offered shares. While the retail and High Net Worth Individual (HNI) categories are yet to report their final numbers, the Qualified Institutional Buyers (QIB) segment has shown substantial interest, indicating a positive reception for this rice producer’s public offering.
| Date | GMP | Est. Listing |
|---|---|---|
| 01 Apr | +₹3 | ₹204 |
| 31 Mar | +₹2 | ₹203 |
| 30 Mar | +₹3 | ₹204 |
| 28 Mar | +₹3 | ₹204 |
| 27 Mar | +₹7 | ₹208 |
Subscription Status
The overall subscription figure of 35x on Day 5 is a strong indicator of investor confidence. The absence of reported numbers for Retail and NII segments at this final stage suggests a last-minute rush is anticipated. However, the performance of the QIB category is particularly noteworthy. Their participation often reflects institutional investors’ due diligence and their belief in the company’s long-term prospects and valuation. A high subscription in the QIB segment can be a positive signal for other investor categories.
| 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 positive uptick, currently standing at ₹7. This represents an increase of ₹1 from the previous day’s GMP of ₹6. The current GMP suggests that the market is anticipating a listing price of approximately ₹208 (Issue Price of ₹201 + GMP of ₹7). This modest but upward movement in GMP, especially as the IPO closes, indicates growing investor sentiment and a potential for a positive debut on the stock exchanges.
Should You Apply?
The Aeroplane Basmati Rice IPO presents an interesting investment opportunity. The overall subscription numbers, particularly the QIB interest, coupled with a rising GMP, suggest a favorable market sentiment. However, as per SEBI’s advisory, investors should conduct their own thorough research and consider their risk appetite before making any investment decisions. The lot size for this IPO is 70 shares, with an issue price of ₹201. The IPO period concluded on March 27, 2026. For a comprehensive analysis and further details, interested investors can View Full Aeroplane Basmati Rice IPO Details.