IPO Price History
Closed
Garden Reach Shipbuilders & Engineers Limited logo

Garden Reach Shipbuilders & Engineers Limited IPO

Mainboard IPOListedGRSENSE
Current Market Price (CMP)
₹1,861(+1477.12%)
Current Price (CMP)
₹1,861(+1477.12%)

Live Market Quote

Listing Price & Gain
₹102.50(-13.14%)

Day 1 Exchange Open

IPO Issue Price
₹118

Band: ₹114 - ₹118

Total Subscription
1.02x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
24 Sept 2018
IPO Bidding Closes
01 Oct 2018
Allotment & Refunds
Completed
Exchange Listing Day
10 Oct 2018

IPO Subscription Status

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

Overall Demand: 1.02x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)1.81x
Non-Institutional Investors (NII / HNI)0.31x
Retail Individual Investors (RII)0.24x
Employees Reservation0.14x
Total Subscription1.02x
Updated as on 01st Oct 2018 at 1700 hrs

Listing Day & Return Performance

Listing Day Gain-13.14%
₹118 (Issue) → ₹102.50 (List)
Per share profit: ₹-15.50
Holding Return (Till Date)+1477.12%
₹118 (Issue) → ₹1,861 (CMP)
Net gain per share: +₹1743.00
Post-Listing Performance (Listing Day → Today):+1715.61%

About Garden Reach Shipbuilders & Engineers Limited IPO

Garden Reach Shipbuilders & Engineers Limited is an Indian public offering categorized under the Mainboard segment. The public issue opened for bidding on 24 Sept 2018 and concluded on 01 Oct 2018, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹114 - ₹118.

During the bidding window, Garden Reach Shipbuilders & Engineers Limited recorded an overall subscription of 1.02 times. Institutional investors (QIB) subscribed 1.81x, non-institutional high-net-worth investors (NII) subscribed 0.31x, and retail individual investors (RII) bid 0.24x their reserved quota, alongside employee participation of 0.14x.

The equity shares of Garden Reach Shipbuilders & Engineers Limited officially debuted on the stock exchanges on 10 Oct 2018 at an opening listing price of ₹102.50, delivering a listing day return of -13.14% (discount) over the final issue price. As per the latest market data, the stock trades at ₹1,861, representing an overall gain of +1477.12% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Garden Reach Shipbuilders & Engineers Limited IPO?
The issue price of Garden Reach Shipbuilders & Engineers Limited IPO was fixed at ₹118 per equity share. The indicative bidding price band was ₹114 - ₹118.
What were the open, close, and listing dates for Garden Reach Shipbuilders & Engineers Limited IPO?
Garden Reach Shipbuilders & Engineers Limited IPO opened on 24 Sept 2018, closed on 01 Oct 2018, listed on 10 Oct 2018.
How much was Garden Reach Shipbuilders & Engineers Limited IPO subscribed?
The IPO received an overall subscription of 1.02 times. Category-wise, QIBs subscribed 1.81x, NIIs subscribed 0.31x, and Retail investors subscribed 0.24x.
What was the listing price and listing gain of Garden Reach Shipbuilders & Engineers Limited IPO?
Garden Reach Shipbuilders & Engineers Limited IPO listed on the stock exchange at ₹102.50, delivering a listing discount of 13.14% compared to the IPO issue price of ₹118.
Is Garden Reach Shipbuilders & Engineers Limited IPO a Mainboard or SME IPO?
Garden Reach Shipbuilders & Engineers Limited IPO is a Mainboard IPO listed on the main exchange of NSE.
What is the current return of Garden Reach Shipbuilders & Engineers Limited IPO since its IPO?
At the latest market quote of ₹1,861, Garden Reach Shipbuilders & Engineers Limited IPO has generated an all-time return of +1477.12% since its initial public offering.

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