
Advanced Enzyme Technologies Limited IPO
Live Market Quote
Day 1 Exchange Open
Band: ₹880 - ₹896
Overall Bid Demand
Gross Public Offer
IPO Schedule & Key Dates
IPO Subscription Status
Breakdown of institutional, high-net-worth, and retail bidding demand
Listing Day & Return Performance
About Advanced Enzyme Technologies Limited IPO
Advanced Enzyme Technologies Limited is an Indian public offering categorized under the Mainboard segment. The public issue opened for bidding on 20 Jul 2016 and concluded on 22 Jul 2016, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹880 - ₹896.
During the bidding window, Advanced Enzyme Technologies Limited witnessed heavy demand with an overall subscription of 116.02 times. Institutional investors (QIB) subscribed 94.03x, non-institutional high-net-worth investors (NII) subscribed 393.1x, and retail individual investors (RII) bid 11.67x their reserved quota, alongside employee participation of 1.73x.
The equity shares of Advanced Enzyme Technologies Limited officially debuted on the stock exchanges on 01 Aug 2016 at an opening listing price of ₹242, delivering a listing day return of -72.99% (discount) over the final issue price. As per the latest market data, the stock trades at ₹248.35, representing an overall decline of -72.28% since its IPO allotment.