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Brace Port Logistics Limited logo

Brace Port Logistics Limited IPO

SME IPOListedBRACEPORTNSE
Current Market Price (CMP)
₹56(-30.00%)
Current Price (CMP)
₹56(-30.00%)

Live Market Quote

Listing Price & Gain
₹152(+90.00%)

Day 1 Exchange Open

IPO Issue Price
₹80

Band: ₹76 - ₹80

Total Subscription
617.25x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
19 Aug 2024
IPO Bidding Closes
21 Aug 2024
Allotment & Refunds
Completed
Exchange Listing Day
26 Aug 2024

IPO Subscription Status

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

Overall Demand: 617.25x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)0x
Non-Institutional Investors (NII / HNI)0x
Retail Individual Investors (RII)0x
Total Subscription617.25x
Updated as on 21-Aug-2024 19:00:00

Listing Day & Return Performance

Listing Day Gain+90.00%
₹80 (Issue) → ₹152 (List)
Per share profit: +₹72.00
Holding Return (Till Date)-30.00%
₹80 (Issue) → ₹56 (CMP)
Net gain per share: ₹-24.00
Post-Listing Performance (Listing Day → Today):-63.16%

About Brace Port Logistics Limited IPO

Brace Port Logistics Limited is an Indian public offering categorized under the SME (Small and Medium Enterprise) segment. The public issue opened for bidding on 19 Aug 2024 and concluded on 21 Aug 2024, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹76 - ₹80.

During the bidding window, Brace Port Logistics Limited witnessed heavy demand with an overall subscription of 617.25 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 Brace Port Logistics Limited officially debuted on the stock exchanges on 26 Aug 2024 at an opening listing price of ₹152, delivering a listing day return of +90.00% (premium) over the final issue price. As per the latest market data, the stock trades at ₹56, representing an overall decline of -30.00% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Brace Port Logistics Limited IPO?
The issue price of Brace Port Logistics Limited IPO was fixed at ₹80 per equity share. The indicative bidding price band was ₹76 - ₹80.
What were the open, close, and listing dates for Brace Port Logistics Limited IPO?
Brace Port Logistics Limited IPO opened on 19 Aug 2024, closed on 21 Aug 2024, listed on 26 Aug 2024.
How much was Brace Port Logistics Limited IPO subscribed?
The IPO received an overall subscription of 617.25 times. Category-wise, QIBs subscribed —x, NIIs subscribed —x, and Retail investors subscribed —x.
What was the listing price and listing gain of Brace Port Logistics Limited IPO?
Brace Port Logistics Limited IPO listed on the stock exchange at ₹152, delivering a listing gain of 90.00% compared to the IPO issue price of ₹80.
Is Brace Port Logistics Limited IPO a Mainboard or SME IPO?
Brace Port Logistics Limited IPO is a SME IPO listed on the SME platform of NSE.
What is the current return of Brace Port Logistics Limited IPO since its IPO?
At the latest market quote of ₹56, Brace Port Logistics Limited IPO has generated an all-time return of -30.00% since its initial public offering.

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