IPO Price History
Closed
Nitiraj Engineers Limited logo

Nitiraj Engineers Limited IPO

SME IPOListedNITIRAJNSE
Current Market Price (CMP)
₹195.65(+330.47%)
Current Price (CMP)
₹195.65(+330.47%)

Live Market Quote

Listing Price & Gain
₹43(-5.39%)

Day 1 Exchange Open

IPO Issue Price
₹45.45

Band: ₹100

Total Subscription
1.36x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
20 Feb 2017
IPO Bidding Closes
01 Mar 2017
Allotment & Refunds
Completed
Exchange Listing Day
22 Apr 2021

IPO Subscription Status

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

Overall Demand: 1.36x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)—
Non-Institutional Investors (NII / HNI)—
Retail Individual Investors (RII)—
Total Subscription1.36x
Updated as on null

Listing Day & Return Performance

Listing Day Gain-5.39%
₹45.45 (Issue) → ₹43 (List)
Per share profit: ₹-2.45
Holding Return (Till Date)+330.47%
₹45.45 (Issue) → ₹195.65 (CMP)
Net gain per share: +₹150.20
Post-Listing Performance (Listing Day → Today):+355.00%

About Nitiraj Engineers Limited IPO

Nitiraj Engineers Limited is an Indian public offering categorized under the SME (Small and Medium Enterprise) segment. The public issue opened for bidding on 20 Feb 2017 and concluded on 01 Mar 2017, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹100.

During the bidding window, Nitiraj Engineers Limited recorded an overall subscription of 1.36 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 Nitiraj Engineers Limited officially debuted on the stock exchanges on 22 Apr 2021 at an opening listing price of ₹43, delivering a listing day return of -5.39% (discount) over the final issue price. As per the latest market data, the stock trades at ₹195.65, representing an overall gain of +330.47% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Nitiraj Engineers Limited IPO?
The issue price of Nitiraj Engineers Limited IPO was fixed at ₹45.45 per equity share. The indicative bidding price band was ₹100.
What were the open, close, and listing dates for Nitiraj Engineers Limited IPO?
Nitiraj Engineers Limited IPO opened on 20 Feb 2017, closed on 01 Mar 2017, listed on 22 Apr 2021.
How much was Nitiraj Engineers Limited IPO subscribed?
The IPO received an overall subscription of 1.36 times. Category-wise, QIBs subscribed —x, NIIs subscribed —x, and Retail investors subscribed —x.
What was the listing price and listing gain of Nitiraj Engineers Limited IPO?
Nitiraj Engineers Limited IPO listed on the stock exchange at ₹43, delivering a listing discount of 5.39% compared to the IPO issue price of ₹45.45.
Is Nitiraj Engineers Limited IPO a Mainboard or SME IPO?
Nitiraj Engineers Limited IPO is a SME IPO listed on the SME platform of NSE.
What is the current return of Nitiraj Engineers Limited IPO since its IPO?
At the latest market quote of ₹195.65, Nitiraj Engineers Limited IPO has generated an all-time return of +330.47% since its initial public offering.

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