Polycab India Limited IPO
Live Market Quote
Day 1 Exchange Open
Band: ₹533 - ₹538
Overall Bid Demand
Gross Public Offer
IPO Schedule & Key Dates
IPO Subscription Status
Breakdown of institutional, high-net-worth, and retail bidding demand
Listing Day & Return Performance
About Polycab India Limited IPO
Polycab India Limited is an Indian public offering categorized under the Mainboard segment. The public issue opened for bidding on 05 Apr 2019 and concluded on 09 Apr 2019, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹533 - ₹538.
During the bidding window, Polycab India Limited witnessed heavy demand with an overall subscription of 51.96 times. Institutional investors (QIB) subscribed 92.44x, non-institutional high-net-worth investors (NII) subscribed 110.42x, and retail individual investors (RII) bid 4.65x their reserved quota, alongside employee participation of 3.2x.
The equity shares of Polycab India Limited officially debuted on the stock exchanges on 16 Apr 2019 at an opening listing price of ₹633, delivering a listing day return of +17.66% (premium) over the final issue price. As per the latest market data, the stock trades at ₹7,440, representing an overall gain of +1282.90% since its IPO allotment.