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Hindcon Chemicals Limited logo

Hindcon Chemicals Limited IPO

SME IPOListedHINDCONNSE
Current Market Price (CMP)
₹22.63(-41.97%)
Current Price (CMP)
₹22.63(-41.97%)

Live Market Quote

Listing Price & Gain
₹8.35(-78.59%)

Day 1 Exchange Open

IPO Issue Price
₹39

Band: ₹28

Total Subscription
132.29x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
26 Feb 2018
IPO Bidding Closes
28 Feb 2018
Allotment & Refunds
Completed
Exchange Listing Day
05 Jul 2021

IPO Subscription Status

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

Overall Demand: 132.29x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)—
Non-Institutional Investors (NII / HNI)—
Retail Individual Investors (RII)—
Total Subscription132.29x
Updated as on null

Listing Day & Return Performance

Listing Day Gain-78.59%
₹39 (Issue) → ₹8.35 (List)
Per share profit: ₹-30.65
Holding Return (Till Date)-41.97%
₹39 (Issue) → ₹22.63 (CMP)
Net gain per share: ₹-16.37
Post-Listing Performance (Listing Day → Today):+171.02%

About Hindcon Chemicals Limited IPO

Hindcon Chemicals Limited is an Indian public offering categorized under the SME (Small and Medium Enterprise) segment. The public issue opened for bidding on 26 Feb 2018 and concluded on 28 Feb 2018, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹28.

During the bidding window, Hindcon Chemicals Limited witnessed heavy demand with an overall subscription of 132.29 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 Hindcon Chemicals Limited officially debuted on the stock exchanges on 05 Jul 2021 at an opening listing price of ₹8.35, delivering a listing day return of -78.59% (discount) over the final issue price. As per the latest market data, the stock trades at ₹22.63, representing an overall decline of -41.97% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Hindcon Chemicals Limited IPO?
The issue price of Hindcon Chemicals Limited IPO was fixed at ₹39 per equity share. The indicative bidding price band was ₹28.
What were the open, close, and listing dates for Hindcon Chemicals Limited IPO?
Hindcon Chemicals Limited IPO opened on 26 Feb 2018, closed on 28 Feb 2018, listed on 05 Jul 2021.
How much was Hindcon Chemicals Limited IPO subscribed?
The IPO received an overall subscription of 132.29 times. Category-wise, QIBs subscribed —x, NIIs subscribed —x, and Retail investors subscribed —x.
What was the listing price and listing gain of Hindcon Chemicals Limited IPO?
Hindcon Chemicals Limited IPO listed on the stock exchange at ₹8.35, delivering a listing discount of 78.59% compared to the IPO issue price of ₹39.
Is Hindcon Chemicals Limited IPO a Mainboard or SME IPO?
Hindcon Chemicals Limited IPO is a SME IPO listed on the SME platform of NSE.
What is the current return of Hindcon Chemicals Limited IPO since its IPO?
At the latest market quote of ₹22.63, Hindcon Chemicals Limited IPO has generated an all-time return of -41.97% since its initial public offering.

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