Closed
Aspire and Innovative Advertising Limited logo

Aspire and Innovative Advertising Limited IPO

SME IPOListedASPIRENSE
Current Market Price (CMP)
₹108.50(+100.93%)
Current Price (CMP)
₹108.50(+100.93%)

Live Market Quote

Listing Price & Gain
₹56.50(+4.63%)

Day 1 Exchange Open

IPO Issue Price
₹54

Band: ₹51 - ₹54

Total Subscription
14.18x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
26 Mar 2024
IPO Bidding Closes
28 Mar 2024
Allotment & Refunds
Completed
Exchange Listing Day
03 Apr 2024

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 14.18x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)0x
Non-Institutional Investors (NII / HNI)0x
Retail Individual Investors (RII)0x
Total Subscription14.18x
Updated as on 28-Mar-2024 19:00:00

Listing Day & Return Performance

Listing Day Gain+4.63%
₹54 (Issue) → ₹56.50 (List)
Per share profit: +₹2.50
Holding Return (Till Date)+100.93%
₹54 (Issue) → ₹108.50 (CMP)
Net gain per share: +₹54.50
Post-Listing Performance (Listing Day → Today):+92.04%

About Aspire and Innovative Advertising Limited IPO

Aspire and Innovative Advertising Limited is an Indian public offering categorized under the SME (Small and Medium Enterprise) segment. The public issue opened for bidding on 26 Mar 2024 and concluded on 28 Mar 2024, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹51 - ₹54.

During the bidding window, Aspire and Innovative Advertising Limited witnessed heavy demand with an overall subscription of 14.18 times. Institutional investors (QIB) subscribed —, non-institutional high-net-worth investors (NII) subscribed —, and retail individual investors (RII) bid — their reserved quota.

The equity shares of Aspire and Innovative Advertising Limited officially debuted on the stock exchanges on 03 Apr 2024 at an opening listing price of ₹56.50, delivering a listing day return of +4.63% (premium) over the final issue price. As per the latest market data, the stock trades at ₹108.50, representing an overall gain of +100.93% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Aspire and Innovative Advertising Limited IPO?
The issue price of Aspire and Innovative Advertising Limited IPO was fixed at ₹54 per equity share. The indicative bidding price band was ₹51 - ₹54.
What were the open, close, and listing dates for Aspire and Innovative Advertising Limited IPO?
Aspire and Innovative Advertising Limited IPO opened on 26 Mar 2024, closed on 28 Mar 2024, listed on 03 Apr 2024.
How much was Aspire and Innovative Advertising Limited IPO subscribed?
The IPO received an overall subscription of 14.18 times. Category-wise, QIBs subscribed —x, NIIs subscribed —x, and Retail investors subscribed —x.
What was the listing price and listing gain of Aspire and Innovative Advertising Limited IPO?
Aspire and Innovative Advertising Limited IPO listed on the stock exchange at ₹56.50, delivering a listing gain of 4.63% compared to the IPO issue price of ₹54.
Is Aspire and Innovative Advertising Limited IPO a Mainboard or SME IPO?
Aspire and Innovative Advertising Limited IPO is a SME IPO listed on the SME platform of NSE.
What is the current return of Aspire and Innovative Advertising Limited IPO since its IPO?
At the latest market quote of ₹108.50, Aspire and Innovative Advertising Limited IPO has generated an all-time return of +100.93% since its initial public offering.

Related SME IPOs (2024)