IPO Price History
Closed
Marine Electricals (India) Limited logo

Marine Electricals (India) Limited IPO

SME IPOListedMARINENSE
Current Market Price (CMP)
₹394.45(+106.46%)
Current Price (CMP)
₹394.45(+106.46%)

Live Market Quote

Listing Price & Gain
₹39.60(-79.27%)

Day 1 Exchange Open

IPO Issue Price
₹191.05

Band: ₹64 - ₹66

Total Subscription
1.17x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
28 Sept 2018
IPO Bidding Closes
03 Oct 2018
Allotment & Refunds
Completed
Exchange Listing Day
02 Dec 2020

IPO Subscription Status

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

Overall Demand: 1.17x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)—
Non-Institutional Investors (NII / HNI)—
Retail Individual Investors (RII)—
Total Subscription1.17x
Updated as on null

Listing Day & Return Performance

Listing Day Gain-79.27%
₹191.05 (Issue) → ₹39.60 (List)
Per share profit: ₹-151.45
Holding Return (Till Date)+106.46%
₹191.05 (Issue) → ₹394.45 (CMP)
Net gain per share: +₹203.40
Post-Listing Performance (Listing Day → Today):+896.09%

About Marine Electricals (India) Limited IPO

Marine Electricals (India) Limited is an Indian public offering categorized under the SME (Small and Medium Enterprise) segment. The public issue opened for bidding on 28 Sept 2018 and concluded on 03 Oct 2018, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹64 - ₹66.

During the bidding window, Marine Electricals (India) Limited recorded an overall subscription of 1.17 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 Marine Electricals (India) Limited officially debuted on the stock exchanges on 02 Dec 2020 at an opening listing price of ₹39.60, delivering a listing day return of -79.27% (discount) over the final issue price. As per the latest market data, the stock trades at ₹394.45, representing an overall gain of +106.46% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Marine Electricals (India) Limited IPO?
The issue price of Marine Electricals (India) Limited IPO was fixed at ₹191.05 per equity share. The indicative bidding price band was ₹64 - ₹66.
What were the open, close, and listing dates for Marine Electricals (India) Limited IPO?
Marine Electricals (India) Limited IPO opened on 28 Sept 2018, closed on 03 Oct 2018, listed on 02 Dec 2020.
How much was Marine Electricals (India) Limited IPO subscribed?
The IPO received an overall subscription of 1.17 times. Category-wise, QIBs subscribed —x, NIIs subscribed —x, and Retail investors subscribed —x.
What was the listing price and listing gain of Marine Electricals (India) Limited IPO?
Marine Electricals (India) Limited IPO listed on the stock exchange at ₹39.60, delivering a listing discount of 79.27% compared to the IPO issue price of ₹191.05.
Is Marine Electricals (India) Limited IPO a Mainboard or SME IPO?
Marine Electricals (India) Limited IPO is a SME IPO listed on the SME platform of NSE.
What is the current return of Marine Electricals (India) Limited IPO since its IPO?
At the latest market quote of ₹394.45, Marine Electricals (India) Limited IPO has generated an all-time return of +106.46% since its initial public offering.

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