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Servotech Power Systems Limited logo

Servotech Power Systems Limited IPO

SME IPOListedSERVOTECHNSE
Current Market Price (CMP)
₹63.30(+143.46%)
Current Price (CMP)
₹63.30(+143.46%)

Live Market Quote

Listing Price & Gain
₹2.80(-89.23%)

Day 1 Exchange Open

IPO Issue Price
₹26

Band: ₹31

Total Subscription
1.43x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
09 Aug 2017
IPO Bidding Closes
14 Aug 2017
Allotment & Refunds
Completed
Exchange Listing Day
02 Sept 2021

IPO Subscription Status

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

Overall Demand: 1.43x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)—
Non-Institutional Investors (NII / HNI)—
Retail Individual Investors (RII)—
Total Subscription1.43x
Updated as on null

Listing Day & Return Performance

Listing Day Gain-89.23%
₹26 (Issue) → ₹2.80 (List)
Per share profit: ₹-23.20
Holding Return (Till Date)+143.46%
₹26 (Issue) → ₹63.30 (CMP)
Net gain per share: +₹37.30
Post-Listing Performance (Listing Day → Today):+2160.71%

About Servotech Power Systems Limited IPO

Servotech Power Systems Limited is an Indian public offering categorized under the SME (Small and Medium Enterprise) segment. The public issue opened for bidding on 09 Aug 2017 and concluded on 14 Aug 2017, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹31.

During the bidding window, Servotech Power Systems Limited recorded an overall subscription of 1.43 times. Institutional investors (QIB) subscribed —, non-institutional high-net-worth investors (NII) subscribed —, and retail individual investors (RII) bid — their reserved quota.

The equity shares of Servotech Power Systems Limited officially debuted on the stock exchanges on 02 Sept 2021 at an opening listing price of ₹2.80, delivering a listing day return of -89.23% (discount) over the final issue price. As per the latest market data, the stock trades at ₹63.30, representing an overall gain of +143.46% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Servotech Power Systems Limited IPO?
The issue price of Servotech Power Systems Limited IPO was fixed at ₹26 per equity share. The indicative bidding price band was ₹31.
What were the open, close, and listing dates for Servotech Power Systems Limited IPO?
Servotech Power Systems Limited IPO opened on 09 Aug 2017, closed on 14 Aug 2017, listed on 02 Sept 2021.
How much was Servotech Power Systems Limited IPO subscribed?
The IPO received an overall subscription of 1.43 times. Category-wise, QIBs subscribed —x, NIIs subscribed —x, and Retail investors subscribed —x.
What was the listing price and listing gain of Servotech Power Systems Limited IPO?
Servotech Power Systems Limited IPO listed on the stock exchange at ₹2.80, delivering a listing discount of 89.23% compared to the IPO issue price of ₹26.
Is Servotech Power Systems Limited IPO a Mainboard or SME IPO?
Servotech Power Systems Limited IPO is a SME IPO listed on the SME platform of NSE.
What is the current return of Servotech Power Systems Limited IPO since its IPO?
At the latest market quote of ₹63.30, Servotech Power Systems Limited IPO has generated an all-time return of +143.46% since its initial public offering.

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