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Quess Corp Limited IPO

Mainboard IPOListedQUESSNSE
Current Market Price (CMP)
₹309.20(-2.46%)
Current Price (CMP)
₹309.20(-2.46%)

Live Market Quote

Listing Price & Gain
₹500(+57.73%)

Day 1 Exchange Open

IPO Issue Price
₹317

Band: ₹310 - ₹317

Total Subscription
144.5x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
29 Jun 2016
IPO Bidding Closes
01 Jul 2016
Allotment & Refunds
Completed
Exchange Listing Day
12 Jul 2016

IPO Subscription Status

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

Overall Demand: 144.5x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)59.03x
Non-Institutional Investors (NII / HNI)392.21x
Retail Individual Investors (RII)34.08x
Total Subscription144.5x
Updated as on 01 July 2016 at 2230 hrs

Listing Day & Return Performance

Listing Day Gain+57.73%
₹317 (Issue) → ₹500 (List)
Per share profit: +₹183.00
Holding Return (Till Date)-2.46%
₹317 (Issue) → ₹309.20 (CMP)
Net gain per share: ₹-7.80
Post-Listing Performance (Listing Day → Today):-38.16%

About Quess Corp Limited IPO

Quess Corp Limited is an Indian public offering categorized under the Mainboard segment. The public issue opened for bidding on 29 Jun 2016 and concluded on 01 Jul 2016, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹310 - ₹317.

During the bidding window, Quess Corp Limited witnessed heavy demand with an overall subscription of 144.5 times. Institutional investors (QIB) subscribed 59.03x, non-institutional high-net-worth investors (NII) subscribed 392.21x, and retail individual investors (RII) bid 34.08x their reserved quota.

The equity shares of Quess Corp Limited officially debuted on the stock exchanges on 12 Jul 2016 at an opening listing price of ₹500, delivering a listing day return of +57.73% (premium) over the final issue price. As per the latest market data, the stock trades at ₹309.20, representing an overall decline of -2.46% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Quess Corp Limited IPO?
The issue price of Quess Corp Limited IPO was fixed at ₹317 per equity share. The indicative bidding price band was ₹310 - ₹317.
What were the open, close, and listing dates for Quess Corp Limited IPO?
Quess Corp Limited IPO opened on 29 Jun 2016, closed on 01 Jul 2016, listed on 12 Jul 2016.
How much was Quess Corp Limited IPO subscribed?
The IPO received an overall subscription of 144.5 times. Category-wise, QIBs subscribed 59.03x, NIIs subscribed 392.21x, and Retail investors subscribed 34.08x.
What was the listing price and listing gain of Quess Corp Limited IPO?
Quess Corp Limited IPO listed on the stock exchange at ₹500, delivering a listing gain of 57.73% compared to the IPO issue price of ₹317.
Is Quess Corp Limited IPO a Mainboard or SME IPO?
Quess Corp Limited IPO is a Mainboard IPO listed on the main exchange of NSE.
What is the current return of Quess Corp Limited IPO since its IPO?
At the latest market quote of ₹309.20, Quess Corp Limited IPO has generated an all-time return of -2.46% since its initial public offering.

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