Closed
Madhav Copper Limited logo

Madhav Copper Limited IPO

SME IPOListedMCLNSE
Current Market Price (CMP)
₹48.62(-30.54%)
Current Price (CMP)
₹48.62(-30.54%)

Live Market Quote

Listing Price & Gain
₹77.70(+11.00%)

Day 1 Exchange Open

IPO Issue Price
₹70

Band: ₹100 - ₹102

Total Subscription
10.27x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
27 Jan 2020
IPO Bidding Closes
30 Jan 2020
Allotment & Refunds
Completed
Exchange Listing Day
19 Aug 2020

IPO Subscription Status

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

Overall Demand: 10.27x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)—
Non-Institutional Investors (NII / HNI)—
Retail Individual Investors (RII)—
Total Subscription10.27x
Updated as on null

Listing Day & Return Performance

Listing Day Gain+11.00%
₹70 (Issue) → ₹77.70 (List)
Per share profit: +₹7.70
Holding Return (Till Date)-30.54%
₹70 (Issue) → ₹48.62 (CMP)
Net gain per share: ₹-21.38
Post-Listing Performance (Listing Day → Today):-37.43%

About Madhav Copper Limited IPO

Madhav Copper Limited is an Indian public offering categorized under the SME (Small and Medium Enterprise) segment. The public issue opened for bidding on 27 Jan 2020 and concluded on 30 Jan 2020, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹100 - ₹102.

During the bidding window, Madhav Copper Limited witnessed heavy demand with an overall subscription of 10.27 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 Madhav Copper Limited officially debuted on the stock exchanges on 19 Aug 2020 at an opening listing price of ₹77.70, delivering a listing day return of +11.00% (premium) over the final issue price. As per the latest market data, the stock trades at ₹48.62, representing an overall decline of -30.54% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Madhav Copper Limited IPO?
The issue price of Madhav Copper Limited IPO was fixed at ₹70 per equity share. The indicative bidding price band was ₹100 - ₹102.
What were the open, close, and listing dates for Madhav Copper Limited IPO?
Madhav Copper Limited IPO opened on 27 Jan 2020, closed on 30 Jan 2020, listed on 19 Aug 2020.
How much was Madhav Copper Limited IPO subscribed?
The IPO received an overall subscription of 10.27 times. Category-wise, QIBs subscribed —x, NIIs subscribed —x, and Retail investors subscribed —x.
What was the listing price and listing gain of Madhav Copper Limited IPO?
Madhav Copper Limited IPO listed on the stock exchange at ₹77.70, delivering a listing gain of 11.00% compared to the IPO issue price of ₹70.
Is Madhav Copper Limited IPO a Mainboard or SME IPO?
Madhav Copper Limited IPO is a SME IPO listed on the SME platform of NSE.
What is the current return of Madhav Copper Limited IPO since its IPO?
At the latest market quote of ₹48.62, Madhav Copper Limited IPO has generated an all-time return of -30.54% since its initial public offering.

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