Closed
Hi-Tech Pipes Limited logo

Hi-Tech Pipes Limited IPO

SME IPOListedHITECHNSE
Current Market Price (CMP)
₹63.68(-83.24%)
Current Price (CMP)
₹63.68(-83.24%)

Live Market Quote

Listing Price & Gain
₹42.45(-88.83%)

Day 1 Exchange Open

IPO Issue Price
₹380

Band: ₹50

Total Subscription
2.55x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
15 Feb 2016
IPO Bidding Closes
19 Feb 2016
Allotment & Refunds
Completed
Exchange Listing Day
07 May 2018

IPO Subscription Status

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

Overall Demand: 2.55x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)—
Non-Institutional Investors (NII / HNI)—
Retail Individual Investors (RII)—
Total Subscription2.55x
Updated as on null

Listing Day & Return Performance

Listing Day Gain-88.83%
₹380 (Issue) → ₹42.45 (List)
Per share profit: ₹-337.55
Holding Return (Till Date)-83.24%
₹380 (Issue) → ₹63.68 (CMP)
Net gain per share: ₹-316.32
Post-Listing Performance (Listing Day → Today):+50.01%

About Hi-Tech Pipes Limited IPO

Hi-Tech Pipes Limited is an Indian public offering categorized under the SME (Small and Medium Enterprise) segment. The public issue opened for bidding on 15 Feb 2016 and concluded on 19 Feb 2016, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹50.

During the bidding window, Hi-Tech Pipes Limited recorded an overall subscription of 2.55 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 Hi-Tech Pipes Limited officially debuted on the stock exchanges on 07 May 2018 at an opening listing price of ₹42.45, delivering a listing day return of -88.83% (discount) over the final issue price. As per the latest market data, the stock trades at ₹63.68, representing an overall decline of -83.24% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Hi-Tech Pipes Limited IPO?
The issue price of Hi-Tech Pipes Limited IPO was fixed at ₹380 per equity share. The indicative bidding price band was ₹50.
What were the open, close, and listing dates for Hi-Tech Pipes Limited IPO?
Hi-Tech Pipes Limited IPO opened on 15 Feb 2016, closed on 19 Feb 2016, listed on 07 May 2018.
How much was Hi-Tech Pipes Limited IPO subscribed?
The IPO received an overall subscription of 2.55 times. Category-wise, QIBs subscribed —x, NIIs subscribed —x, and Retail investors subscribed —x.
What was the listing price and listing gain of Hi-Tech Pipes Limited IPO?
Hi-Tech Pipes Limited IPO listed on the stock exchange at ₹42.45, delivering a listing discount of 88.83% compared to the IPO issue price of ₹380.
Is Hi-Tech Pipes Limited IPO a Mainboard or SME IPO?
Hi-Tech Pipes Limited IPO is a SME IPO listed on the SME platform of NSE.
What is the current return of Hi-Tech Pipes Limited IPO since its IPO?
At the latest market quote of ₹63.68, Hi-Tech Pipes Limited IPO has generated an all-time return of -83.24% since its initial public offering.

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