IPO Price History
Closed
Platinum Industries Limited logo

Platinum Industries Limited IPO

Mainboard IPOListedPLATINDNSE
Current Market Price (CMP)
₹224.74(+31.43%)
Current Price (CMP)
₹224.74(+31.43%)

Live Market Quote

Listing Price & Gain
₹225(+31.58%)

Day 1 Exchange Open

IPO Issue Price
₹171

Band: ₹162 - ₹171

Total Subscription
99.03x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
27 Feb 2024
IPO Bidding Closes
29 Feb 2024
Allotment & Refunds
Completed
Exchange Listing Day
05 Mar 2024

IPO Subscription Status

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

Overall Demand: 99.03x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)151x
Non-Institutional Investors (NII / HNI)141.83x
Retail Individual Investors (RII)50.99x
Total Subscription99.03x
Updated as on 29-Feb-2024 19:00:00

Listing Day & Return Performance

Listing Day Gain+31.58%
₹171 (Issue) → ₹225 (List)
Per share profit: +₹54.00
Holding Return (Till Date)+31.43%
₹171 (Issue) → ₹224.74 (CMP)
Net gain per share: +₹53.74
Post-Listing Performance (Listing Day → Today):-0.12%

About Platinum Industries Limited IPO

Platinum Industries Limited is an Indian public offering categorized under the Mainboard segment. The public issue opened for bidding on 27 Feb 2024 and concluded on 29 Feb 2024, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹162 - ₹171.

During the bidding window, Platinum Industries Limited witnessed heavy demand with an overall subscription of 99.03 times. Institutional investors (QIB) subscribed 151x, non-institutional high-net-worth investors (NII) subscribed 141.83x, and retail individual investors (RII) bid 50.99x their reserved quota.

The equity shares of Platinum Industries Limited officially debuted on the stock exchanges on 05 Mar 2024 at an opening listing price of ₹225, delivering a listing day return of +31.58% (premium) over the final issue price. As per the latest market data, the stock trades at ₹224.74, representing an overall gain of +31.43% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Platinum Industries Limited IPO?
The issue price of Platinum Industries Limited IPO was fixed at ₹171 per equity share. The indicative bidding price band was ₹162 - ₹171.
What were the open, close, and listing dates for Platinum Industries Limited IPO?
Platinum Industries Limited IPO opened on 27 Feb 2024, closed on 29 Feb 2024, listed on 05 Mar 2024.
How much was Platinum Industries Limited IPO subscribed?
The IPO received an overall subscription of 99.03 times. Category-wise, QIBs subscribed 151x, NIIs subscribed 141.83x, and Retail investors subscribed 50.99x.
What was the listing price and listing gain of Platinum Industries Limited IPO?
Platinum Industries Limited IPO listed on the stock exchange at ₹225, delivering a listing gain of 31.58% compared to the IPO issue price of ₹171.
Is Platinum Industries Limited IPO a Mainboard or SME IPO?
Platinum Industries Limited IPO is a Mainboard IPO listed on the main exchange of NSE.
What is the current return of Platinum Industries Limited IPO since its IPO?
At the latest market quote of ₹224.74, Platinum Industries Limited IPO has generated an all-time return of +31.43% since its initial public offering.

Related Mainboard IPOs (2024)

UNIMECH
Unimech Aerospace and Manufacturing Limited
₹785+85.99%
VENTIVE
Ventive Hospitality Limited
₹643+11.35%
CARRARO
Carraro India Limited
₹704-7.53%
SENORES
Senores Pharmaceuticals Limited
₹391+53.45%