IPO Price History
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Gandhar Oil Refinery (India) Limited logo

Gandhar Oil Refinery (India) Limited IPO

Mainboard IPOListedGANDHARNSE
Current Market Price (CMP)
₹293(+73.37%)
Current Price (CMP)
₹293(+73.37%)

Live Market Quote

Listing Price & Gain
₹298(+76.33%)

Day 1 Exchange Open

IPO Issue Price
₹169

Band: ₹160 - ₹169

Total Subscription
64.07x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
22 Nov 2023
IPO Bidding Closes
24 Nov 2023
Allotment & Refunds
Completed
Exchange Listing Day
30 Nov 2023

IPO Subscription Status

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

Overall Demand: 64.07x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)129x
Non-Institutional Investors (NII / HNI)62.23x
Retail Individual Investors (RII)28.95x
Total Subscription64.07x
Updated as on 24-Nov-2023 19:00:00

Listing Day & Return Performance

Listing Day Gain+76.33%
₹169 (Issue) → ₹298 (List)
Per share profit: +₹129.00
Holding Return (Till Date)+73.37%
₹169 (Issue) → ₹293 (CMP)
Net gain per share: +₹124.00
Post-Listing Performance (Listing Day → Today):-1.68%

About Gandhar Oil Refinery (India) Limited IPO

Gandhar Oil Refinery (India) Limited is an Indian public offering categorized under the Mainboard segment. The public issue opened for bidding on 22 Nov 2023 and concluded on 24 Nov 2023, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹160 - ₹169.

During the bidding window, Gandhar Oil Refinery (India) Limited witnessed heavy demand with an overall subscription of 64.07 times. Institutional investors (QIB) subscribed 129x, non-institutional high-net-worth investors (NII) subscribed 62.23x, and retail individual investors (RII) bid 28.95x their reserved quota.

The equity shares of Gandhar Oil Refinery (India) Limited officially debuted on the stock exchanges on 30 Nov 2023 at an opening listing price of ₹298, delivering a listing day return of +76.33% (premium) over the final issue price. As per the latest market data, the stock trades at ₹293, representing an overall gain of +73.37% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Gandhar Oil Refinery (India) Limited IPO?
The issue price of Gandhar Oil Refinery (India) Limited IPO was fixed at ₹169 per equity share. The indicative bidding price band was ₹160 - ₹169.
What were the open, close, and listing dates for Gandhar Oil Refinery (India) Limited IPO?
Gandhar Oil Refinery (India) Limited IPO opened on 22 Nov 2023, closed on 24 Nov 2023, listed on 30 Nov 2023.
How much was Gandhar Oil Refinery (India) Limited IPO subscribed?
The IPO received an overall subscription of 64.07 times. Category-wise, QIBs subscribed 129x, NIIs subscribed 62.23x, and Retail investors subscribed 28.95x.
What was the listing price and listing gain of Gandhar Oil Refinery (India) Limited IPO?
Gandhar Oil Refinery (India) Limited IPO listed on the stock exchange at ₹298, delivering a listing gain of 76.33% compared to the IPO issue price of ₹169.
Is Gandhar Oil Refinery (India) Limited IPO a Mainboard or SME IPO?
Gandhar Oil Refinery (India) Limited IPO is a Mainboard IPO listed on the main exchange of NSE.
What is the current return of Gandhar Oil Refinery (India) Limited IPO since its IPO?
At the latest market quote of ₹293, Gandhar Oil Refinery (India) Limited IPO has generated an all-time return of +73.37% since its initial public offering.

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