Closed
Innovative Tyres and Tubes Limited logo

Innovative Tyres and Tubes Limited IPO

SME IPOListedINNOVATIVENSE
Current Market Price (CMP)
₹16.50
Current Price (CMP)
₹16.50

Live Market Quote

Listing Price & Gain
Awaiting Listing

Day 1 Exchange Open

IPO Issue Price
₹45

Band: ₹42 - ₹45

Total Subscription
7.61x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
22 Sept 2017
IPO Bidding Closes
26 Sept 2017
Allotment & Refunds
Completed
Exchange Listing Day
05 Oct 2017

IPO Subscription Status

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

Overall Demand: 7.61x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)—
Non-Institutional Investors (NII / HNI)—
Retail Individual Investors (RII)—
Total Subscription7.61x
Updated as on null

Listing Day & Return Performance

Listing Day Gain—
₹45 (Issue) → — (List)
Holding Return (Till Date)—
₹45 (Issue) → ₹16.50 (CMP)
Net gain per share: ₹-28.50
Post-Listing Performance (Listing Day → Today):—

About Innovative Tyres and Tubes Limited IPO

Innovative Tyres and Tubes Limited is an Indian public offering categorized under the SME (Small and Medium Enterprise) segment. The public issue opened for bidding on 22 Sept 2017 and concluded on 26 Sept 2017, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹42 - ₹45.

During the bidding window, Innovative Tyres and Tubes Limited recorded an overall subscription of 7.61 times. Institutional investors (QIB) subscribed —, non-institutional high-net-worth investors (NII) subscribed —, and retail individual investors (RII) bid — their reserved quota.

Innovative Tyres and Tubes Limited IPO is upcoming. Stay tuned for official announcements regarding the bidding schedule, anchor investor allotment, and formal listing dates on NSE.

Frequently Asked Questions

What was the issue price or price band of Innovative Tyres and Tubes Limited IPO?
The issue price of Innovative Tyres and Tubes Limited IPO was fixed at ₹45 per equity share. The indicative bidding price band was ₹42 - ₹45.
What were the open, close, and listing dates for Innovative Tyres and Tubes Limited IPO?
Innovative Tyres and Tubes Limited IPO opened on 22 Sept 2017, closed on 26 Sept 2017, listed on 05 Oct 2017.
How much was Innovative Tyres and Tubes Limited IPO subscribed?
The IPO received an overall subscription of 7.61 times. Category-wise, QIBs subscribed —x, NIIs subscribed —x, and Retail investors subscribed —x.
Is Innovative Tyres and Tubes Limited IPO a Mainboard or SME IPO?
Innovative Tyres and Tubes Limited IPO is a SME IPO listed on the SME platform of NSE.

Related SME IPOs (2017)