IPO Price History
Closed
NewMalayalam Steel Limited logo

NewMalayalam Steel Limited IPO

SME IPOListedNMSTEELNSE
Current Market Price (CMP)
₹19.20(-78.67%)
Current Price (CMP)
₹19.20(-78.67%)

Live Market Quote

Listing Price & Gain
₹90(0.00%)

Day 1 Exchange Open

IPO Issue Price
₹90

Band: ₹85 - ₹90

Total Subscription
48.19x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
19 Dec 2024
IPO Bidding Closes
23 Dec 2024
Allotment & Refunds
Completed
Exchange Listing Day
27 Dec 2024

IPO Subscription Status

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

Overall Demand: 48.19x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)0x
Non-Institutional Investors (NII / HNI)0x
Retail Individual Investors (RII)0x
Total Subscription48.19x
Updated as on 23-Dec-2024 19:00:00

Listing Day & Return Performance

Listing Day Gain0.00%
₹90 (Issue) → ₹90 (List)
Per share profit: +₹0.00
Holding Return (Till Date)-78.67%
₹90 (Issue) → ₹19.20 (CMP)
Net gain per share: ₹-70.80
Post-Listing Performance (Listing Day → Today):-78.67%

About NewMalayalam Steel Limited IPO

NewMalayalam Steel Limited is an Indian public offering categorized under the SME (Small and Medium Enterprise) segment. The public issue opened for bidding on 19 Dec 2024 and concluded on 23 Dec 2024, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹85 - ₹90.

During the bidding window, NewMalayalam Steel Limited witnessed heavy demand with an overall subscription of 48.19 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 NewMalayalam Steel Limited officially debuted on the stock exchanges on 27 Dec 2024 at an opening listing price of ₹90, delivering a listing day return of 0.00% (premium) over the final issue price. As per the latest market data, the stock trades at ₹19.20, representing an overall decline of -78.67% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of NewMalayalam Steel Limited IPO?
The issue price of NewMalayalam Steel Limited IPO was fixed at ₹90 per equity share. The indicative bidding price band was ₹85 - ₹90.
What were the open, close, and listing dates for NewMalayalam Steel Limited IPO?
NewMalayalam Steel Limited IPO opened on 19 Dec 2024, closed on 23 Dec 2024, listed on 27 Dec 2024.
How much was NewMalayalam Steel Limited IPO subscribed?
The IPO received an overall subscription of 48.19 times. Category-wise, QIBs subscribed —x, NIIs subscribed —x, and Retail investors subscribed —x.
What was the listing price and listing gain of NewMalayalam Steel Limited IPO?
NewMalayalam Steel Limited IPO listed on the stock exchange at ₹90, delivering a listing gain of 0.00% compared to the IPO issue price of ₹90.
Is NewMalayalam Steel Limited IPO a Mainboard or SME IPO?
NewMalayalam Steel Limited IPO is a SME IPO listed on the SME platform of NSE.
What is the current return of NewMalayalam Steel Limited IPO since its IPO?
At the latest market quote of ₹19.20, NewMalayalam Steel Limited IPO has generated an all-time return of -78.67% since its initial public offering.

Related SME IPOs (2024)

IDENTICAL
Identical Brains Studios Limited
₹54+75.93%
SFML
Supreme Facility Management Limited
₹76-1.32%
PURPLEUTED
Purple United Sales Limited
₹126+57.94%
INNOVANA
Innovana Thinklabs Limited
₹467+12.19%