
Industrial & Financial Services · NSE / BSE
Affle (India) Limited, incorporated in 2005, is a mobile marketing company that provides both consumer and enterprise platforms. Its core focus is on helping businesses reduce digital advertising fraud, respect consumer privacy, and improve their return on marketing investments by delivering targeted mobile advertisements. The company’s consumer platform is widely used by B2C advertising agencies across various industries such as telecom, fintech, e-commerce, retail, FMCG, and media. Affle leverages a combination of transactional data, user behavior, and marketing attribution signals to understand user intent. Using this data, the platform predicts user interests and continuously updates itself to enhance consumer engagement and encourage user actions. Campaigns are run using data intelligence to generate large volumes of conversions at a cost-effective rate. The company primarily earns revenue through a cost per converted user (CPCU) model, where a conversion could be a transaction or the acquisition of a new customer. It also generates revenue from advertising focused on engagement and brand awareness. Additionally, Affle offers end-to-end solutions such as mobile app development, enterprise platforms, and support for offline businesses transitioning to online commerce. Notably, Microsoft holds a 6.48% stake in Affle Holdings, the Singapore-based parent company of Affle (India).
Price Band
₹740 – ₹745
Issue Size
₹459 Cr
Lot Size
20 shares
GMP
Est. Listing
₹745
at current GMP
Subscribed
—
Open
29 Jul 2019
Close
31 Jul 2019
Allotment
6 Aug 2019
Refund
7 Aug 2019
Demat Credit
8 Aug 2019
Listing
8 Aug 2019
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹745
Band: ₹740 – ₹745
Estimated Listing Price
₹745
Upper price + GMP
Lot Size
20 shares
Min investment ₹14,900
Estimated Profit / Lot
₹0
20 × ₹0
Grey Market Premium trend
—
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | — | 0.0% | ₹745 |
| 30 Oct 2026 | — | 0.0% | ₹745 |
| 29 Oct 2026 | — | 0.0% | ₹745 |
GMP is unofficial market data. Not a guarantee of listing performance.
Affle (India) Limited is bringing an initial public offering (IPO) in the Industrial & Financial Services sector with an aggregate issue size of ₹459 Crores. The shares are offered at a price band of ₹740 to ₹745 per equity share on NSE and BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2019-07-31, the basis of allotment is scheduled to be finalized on 2019-08-06. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.
The latest grey market premium for Affle (India) Limited IPO is ₹0, which indicates an expected listing price of ₹745.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.