
Ircon International Limited IPO
Live Market Quote
Day 1 Exchange Open
Band: ₹470 - ₹475
Overall Bid Demand
Gross Public Offer
IPO Schedule & Key Dates
IPO Subscription Status
Breakdown of institutional, high-net-worth, and retail bidding demand
Listing Day & Return Performance
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.