IPO Price History
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Laurus Labs Limited logo

Laurus Labs Limited IPO

Mainboard IPOListedLAURUSLABSNSE
Current Market Price (CMP)
₹1,970(+360.28%)
Current Price (CMP)
₹1,970(+360.28%)

Live Market Quote

Listing Price & Gain
₹98(-77.10%)

Day 1 Exchange Open

IPO Issue Price
₹428

Band: ₹426 - ₹428

Total Subscription
4.57x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
06 Dec 2016
IPO Bidding Closes
08 Dec 2016
Allotment & Refunds
Completed
Exchange Listing Day
19 Dec 2016

IPO Subscription Status

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

Overall Demand: 4.57x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)10.54x
Non-Institutional Investors (NII / HNI)3.58x
Retail Individual Investors (RII)1.67x
Employees Reservation1.71x
Total Subscription4.57x
Updated as on 08 December 2016 at 2200 hrs

Listing Day & Return Performance

Listing Day Gain-77.10%
₹428 (Issue) → ₹98 (List)
Per share profit: ₹-330.00
Holding Return (Till Date)+360.28%
₹428 (Issue) → ₹1,970 (CMP)
Net gain per share: +₹1542.00
Post-Listing Performance (Listing Day → Today):+1910.20%

About Laurus Labs Limited IPO

Laurus Labs Limited is an Indian public offering categorized under the Mainboard segment. The public issue opened for bidding on 06 Dec 2016 and concluded on 08 Dec 2016, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹426 - ₹428.

During the bidding window, Laurus Labs Limited recorded an overall subscription of 4.57 times. Institutional investors (QIB) subscribed 10.54x, non-institutional high-net-worth investors (NII) subscribed 3.58x, and retail individual investors (RII) bid 1.67x their reserved quota, alongside employee participation of 1.71x.

The equity shares of Laurus Labs Limited officially debuted on the stock exchanges on 19 Dec 2016 at an opening listing price of ₹98, delivering a listing day return of -77.10% (discount) over the final issue price. As per the latest market data, the stock trades at ₹1,970, representing an overall gain of +360.28% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Laurus Labs Limited IPO?
The issue price of Laurus Labs Limited IPO was fixed at ₹428 per equity share. The indicative bidding price band was ₹426 - ₹428.
What were the open, close, and listing dates for Laurus Labs Limited IPO?
Laurus Labs Limited IPO opened on 06 Dec 2016, closed on 08 Dec 2016, listed on 19 Dec 2016.
How much was Laurus Labs Limited IPO subscribed?
The IPO received an overall subscription of 4.57 times. Category-wise, QIBs subscribed 10.54x, NIIs subscribed 3.58x, and Retail investors subscribed 1.67x.
What was the listing price and listing gain of Laurus Labs Limited IPO?
Laurus Labs Limited IPO listed on the stock exchange at ₹98, delivering a listing discount of 77.10% compared to the IPO issue price of ₹428.
Is Laurus Labs Limited IPO a Mainboard or SME IPO?
Laurus Labs Limited IPO is a Mainboard IPO listed on the main exchange of NSE.
What is the current return of Laurus Labs Limited IPO since its IPO?
At the latest market quote of ₹1,970, Laurus Labs Limited IPO has generated an all-time return of +360.28% since its initial public offering.

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