
S Chand and Company Limited IPO
Live Market Quote
Day 1 Exchange Open
Band: ₹660 - ₹670
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 S Chand and Company Limited IPO
S Chand and Company Limited is an Indian public offering categorized under the Mainboard segment. The public issue opened for bidding on 26 Apr 2017 and concluded on 28 Apr 2017, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹660 - ₹670.
During the bidding window, S Chand and Company Limited witnessed heavy demand with an overall subscription of 59.49 times. Institutional investors (QIB) subscribed 44.27x, non-institutional high-net-worth investors (NII) subscribed 204.65x, and retail individual investors (RII) bid 6.07x their reserved quota.
The equity shares of S Chand and Company Limited officially debuted on the stock exchanges on 09 May 2017 at an opening listing price of ₹700, delivering a listing day return of +4.48% (premium) over the final issue price. As per the latest market data, the stock trades at ₹129.77, representing an overall decline of -80.63% since its IPO allotment.