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Sharp Chucks and Machines Limited logo

Sharp Chucks and Machines Limited IPO

SME IPOListedSCMLNSE
Current Market Price (CMP)
₹123.20(+112.41%)
Current Price (CMP)
₹123.20(+112.41%)

Live Market Quote

Listing Price & Gain
₹66(+13.79%)

Day 1 Exchange Open

IPO Issue Price
₹58

Band: ₹58

Total Subscription
48.67x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
29 Sept 2023
IPO Bidding Closes
05 Oct 2023
Allotment & Refunds
Completed
Exchange Listing Day
12 Oct 2023

IPO Subscription Status

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

Overall Demand: 48.67x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)0x
Non-Institutional Investors (NII / HNI)0x
Retail Individual Investors (RII)0x
Total Subscription48.67x
Updated as on 05-Oct-2023 19:00:00

Listing Day & Return Performance

Listing Day Gain+13.79%
₹58 (Issue) → ₹66 (List)
Per share profit: +₹8.00
Holding Return (Till Date)+112.41%
₹58 (Issue) → ₹123.20 (CMP)
Net gain per share: +₹65.20
Post-Listing Performance (Listing Day → Today):+86.67%

About Sharp Chucks and Machines Limited IPO

Sharp Chucks and Machines Limited is an Indian public offering categorized under the SME (Small and Medium Enterprise) segment. The public issue opened for bidding on 29 Sept 2023 and concluded on 05 Oct 2023, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹58.

During the bidding window, Sharp Chucks and Machines Limited witnessed heavy demand with an overall subscription of 48.67 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 Sharp Chucks and Machines Limited officially debuted on the stock exchanges on 12 Oct 2023 at an opening listing price of ₹66, delivering a listing day return of +13.79% (premium) over the final issue price. As per the latest market data, the stock trades at ₹123.20, representing an overall gain of +112.41% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Sharp Chucks and Machines Limited IPO?
The issue price of Sharp Chucks and Machines Limited IPO was fixed at ₹58 per equity share. The indicative bidding price band was ₹58.
What were the open, close, and listing dates for Sharp Chucks and Machines Limited IPO?
Sharp Chucks and Machines Limited IPO opened on 29 Sept 2023, closed on 05 Oct 2023, listed on 12 Oct 2023.
How much was Sharp Chucks and Machines Limited IPO subscribed?
The IPO received an overall subscription of 48.67 times. Category-wise, QIBs subscribed —x, NIIs subscribed —x, and Retail investors subscribed —x.
What was the listing price and listing gain of Sharp Chucks and Machines Limited IPO?
Sharp Chucks and Machines Limited IPO listed on the stock exchange at ₹66, delivering a listing gain of 13.79% compared to the IPO issue price of ₹58.
Is Sharp Chucks and Machines Limited IPO a Mainboard or SME IPO?
Sharp Chucks and Machines Limited IPO is a SME IPO listed on the SME platform of NSE.
What is the current return of Sharp Chucks and Machines Limited IPO since its IPO?
At the latest market quote of ₹123.20, Sharp Chucks and Machines Limited IPO has generated an all-time return of +112.41% since its initial public offering.

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