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Ircon International Limited IPO

Mainboard IPOListedIRCONNSE
Current Market Price (CMP)
₹97.62(-79.45%)
Current Price (CMP)
₹97.62(-79.45%)

Live Market Quote

Listing Price & Gain
₹41.20(-91.33%)

Day 1 Exchange Open

IPO Issue Price
₹475

Band: ₹470 - ₹475

Total Subscription
9.9x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
17 Sept 2018
IPO Bidding Closes
19 Sept 2018
Allotment & Refunds
Completed
Exchange Listing Day
28 Sept 2018

IPO Subscription Status

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

Overall Demand: 9.9x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)12.29x
Non-Institutional Investors (NII / HNI)4.92x
Retail Individual Investors (RII)10.07x
Employees Reservation0.36x
Total Subscription9.9x
Updated as on 19 Sep 2018 at 2200 hrs

Listing Day & Return Performance

Listing Day Gain-91.33%
₹475 (Issue) → ₹41.20 (List)
Per share profit: ₹-433.80
Holding Return (Till Date)-79.45%
₹475 (Issue) → ₹97.62 (CMP)
Net gain per share: ₹-377.38
Post-Listing Performance (Listing Day → Today):+136.94%

About Ircon International Limited IPO

Ircon International Limited is an Indian public offering categorized under the Mainboard segment. The public issue opened for bidding on 17 Sept 2018 and concluded on 19 Sept 2018, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹470 - ₹475.

During the bidding window, Ircon International Limited recorded an overall subscription of 9.9 times. Institutional investors (QIB) subscribed 12.29x, non-institutional high-net-worth investors (NII) subscribed 4.92x, and retail individual investors (RII) bid 10.07x their reserved quota, alongside employee participation of 0.36x.

The equity shares of Ircon International Limited officially debuted on the stock exchanges on 28 Sept 2018 at an opening listing price of ₹41.20, delivering a listing day return of -91.33% (discount) over the final issue price. As per the latest market data, the stock trades at ₹97.62, representing an overall decline of -79.45% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Ircon International Limited IPO?
The issue price of Ircon International Limited IPO was fixed at ₹475 per equity share. The indicative bidding price band was ₹470 - ₹475.
What were the open, close, and listing dates for Ircon International Limited IPO?
Ircon International Limited IPO opened on 17 Sept 2018, closed on 19 Sept 2018, listed on 28 Sept 2018.
How much was Ircon International Limited IPO subscribed?
The IPO received an overall subscription of 9.9 times. Category-wise, QIBs subscribed 12.29x, NIIs subscribed 4.92x, and Retail investors subscribed 10.07x.
What was the listing price and listing gain of Ircon International Limited IPO?
Ircon International Limited IPO listed on the stock exchange at ₹41.20, delivering a listing discount of 91.33% compared to the IPO issue price of ₹475.
Is Ircon International Limited IPO a Mainboard or SME IPO?
Ircon International Limited IPO is a Mainboard IPO listed on the main exchange of NSE.
What is the current return of Ircon International Limited IPO since its IPO?
At the latest market quote of ₹97.62, Ircon International Limited IPO has generated an all-time return of -79.45% since its initial public offering.

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