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Mahickra Chemicals Limited logo

Mahickra Chemicals Limited IPO

SME IPOListedMAHICKRANSE
Current Market Price (CMP)
₹108.85(+335.40%)
Current Price (CMP)
₹108.85(+335.40%)

Live Market Quote

Listing Price & Gain
₹35(+40.00%)

Day 1 Exchange Open

IPO Issue Price
₹25

Band: ₹24 - ₹25

Total Subscription
26.67x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
16 Apr 2018
IPO Bidding Closes
18 Apr 2018
Allotment & Refunds
Completed
Exchange Listing Day
26 Apr 2018

IPO Subscription Status

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

Overall Demand: 26.67x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)—
Non-Institutional Investors (NII / HNI)—
Retail Individual Investors (RII)—
Total Subscription26.67x
Updated as on null

Listing Day & Return Performance

Listing Day Gain+40.00%
₹25 (Issue) → ₹35 (List)
Per share profit: +₹10.00
Holding Return (Till Date)+335.40%
₹25 (Issue) → ₹108.85 (CMP)
Net gain per share: +₹83.85
Post-Listing Performance (Listing Day → Today):+211.00%

About Mahickra Chemicals Limited IPO

Mahickra Chemicals Limited is an Indian public offering categorized under the SME (Small and Medium Enterprise) segment. The public issue opened for bidding on 16 Apr 2018 and concluded on 18 Apr 2018, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹24 - ₹25.

During the bidding window, Mahickra Chemicals Limited witnessed heavy demand with an overall subscription of 26.67 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 Mahickra Chemicals Limited officially debuted on the stock exchanges on 26 Apr 2018 at an opening listing price of ₹35, delivering a listing day return of +40.00% (premium) over the final issue price. As per the latest market data, the stock trades at ₹108.85, representing an overall gain of +335.40% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Mahickra Chemicals Limited IPO?
The issue price of Mahickra Chemicals Limited IPO was fixed at ₹25 per equity share. The indicative bidding price band was ₹24 - ₹25.
What were the open, close, and listing dates for Mahickra Chemicals Limited IPO?
Mahickra Chemicals Limited IPO opened on 16 Apr 2018, closed on 18 Apr 2018, listed on 26 Apr 2018.
How much was Mahickra Chemicals Limited IPO subscribed?
The IPO received an overall subscription of 26.67 times. Category-wise, QIBs subscribed —x, NIIs subscribed —x, and Retail investors subscribed —x.
What was the listing price and listing gain of Mahickra Chemicals Limited IPO?
Mahickra Chemicals Limited IPO listed on the stock exchange at ₹35, delivering a listing gain of 40.00% compared to the IPO issue price of ₹25.
Is Mahickra Chemicals Limited IPO a Mainboard or SME IPO?
Mahickra Chemicals Limited IPO is a SME IPO listed on the SME platform of NSE.
What is the current return of Mahickra Chemicals Limited IPO since its IPO?
At the latest market quote of ₹108.85, Mahickra Chemicals Limited IPO has generated an all-time return of +335.40% since its initial public offering.

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