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S Chand and Company Limited logo

S Chand and Company Limited IPO

Mainboard IPOListedSCHANDNSE
Current Market Price (CMP)
₹129.77(-80.63%)
Current Price (CMP)
₹129.77(-80.63%)

Live Market Quote

Listing Price & Gain
₹700(+4.48%)

Day 1 Exchange Open

IPO Issue Price
₹670

Band: ₹660 - ₹670

Total Subscription
59.49x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
26 Apr 2017
IPO Bidding Closes
28 Apr 2017
Allotment & Refunds
Completed
Exchange Listing Day
09 May 2017

IPO Subscription Status

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

Overall Demand: 59.49x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)44.27x
Non-Institutional Investors (NII / HNI)204.65x
Retail Individual Investors (RII)6.07x
Total Subscription59.49x
Updated as on 28th Apr 2017 at 2245 hrs

Listing Day & Return Performance

Listing Day Gain+4.48%
₹670 (Issue) → ₹700 (List)
Per share profit: +₹30.00
Holding Return (Till Date)-80.63%
₹670 (Issue) → ₹129.77 (CMP)
Net gain per share: ₹-540.23
Post-Listing Performance (Listing Day → Today):-81.46%

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.

Frequently Asked Questions

What was the issue price or price band of S Chand and Company Limited IPO?
The issue price of S Chand and Company Limited IPO was fixed at ₹670 per equity share. The indicative bidding price band was ₹660 - ₹670.
What were the open, close, and listing dates for S Chand and Company Limited IPO?
S Chand and Company Limited IPO opened on 26 Apr 2017, closed on 28 Apr 2017, listed on 09 May 2017.
How much was S Chand and Company Limited IPO subscribed?
The IPO received an overall subscription of 59.49 times. Category-wise, QIBs subscribed 44.27x, NIIs subscribed 204.65x, and Retail investors subscribed 6.07x.
What was the listing price and listing gain of S Chand and Company Limited IPO?
S Chand and Company Limited IPO listed on the stock exchange at ₹700, delivering a listing gain of 4.48% compared to the IPO issue price of ₹670.
Is S Chand and Company Limited IPO a Mainboard or SME IPO?
S Chand and Company Limited IPO is a Mainboard IPO listed on the main exchange of NSE.
What is the current return of S Chand and Company Limited IPO since its IPO?
At the latest market quote of ₹129.77, S Chand and Company Limited IPO has generated an all-time return of -80.63% since its initial public offering.

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