Closed
Shri Ram Switchgears Limited logo

Shri Ram Switchgears Limited IPO

SME IPOListedSRIRAMNSE
Current Market Price (CMP)
₹10.10
Current Price (CMP)
₹10.10

Live Market Quote

Listing Price & Gain
Awaiting Listing

Day 1 Exchange Open

IPO Issue Price
₹19

Band: ₹19

Total Subscription
69.11x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
25 May 2017
IPO Bidding Closes
30 May 2017
Allotment & Refunds
Completed
Exchange Listing Day
07 Jun 2017

IPO Subscription Status

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

Overall Demand: 69.11x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)—
Non-Institutional Investors (NII / HNI)—
Retail Individual Investors (RII)—
Total Subscription69.11x
Updated as on null

Listing Day & Return Performance

Listing Day Gain—
₹19 (Issue) → — (List)
Holding Return (Till Date)—
₹19 (Issue) → ₹10.10 (CMP)
Net gain per share: ₹-8.90
Post-Listing Performance (Listing Day → Today):—

About Shri Ram Switchgears Limited IPO

Shri Ram Switchgears Limited is an Indian public offering categorized under the SME (Small and Medium Enterprise) segment. The public issue opened for bidding on 25 May 2017 and concluded on 30 May 2017, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹19.

During the bidding window, Shri Ram Switchgears Limited witnessed heavy demand with an overall subscription of 69.11 times. Institutional investors (QIB) subscribed —, non-institutional high-net-worth investors (NII) subscribed —, and retail individual investors (RII) bid — their reserved quota.

Shri Ram Switchgears Limited IPO is upcoming. Stay tuned for official announcements regarding the bidding schedule, anchor investor allotment, and formal listing dates on NSE.

Frequently Asked Questions

What was the issue price or price band of Shri Ram Switchgears Limited IPO?
The issue price of Shri Ram Switchgears Limited IPO was fixed at ₹19 per equity share. The indicative bidding price band was ₹19.
What were the open, close, and listing dates for Shri Ram Switchgears Limited IPO?
Shri Ram Switchgears Limited IPO opened on 25 May 2017, closed on 30 May 2017, listed on 07 Jun 2017.
How much was Shri Ram Switchgears Limited IPO subscribed?
The IPO received an overall subscription of 69.11 times. Category-wise, QIBs subscribed —x, NIIs subscribed —x, and Retail investors subscribed —x.
Is Shri Ram Switchgears Limited IPO a Mainboard or SME IPO?
Shri Ram Switchgears Limited IPO is a SME IPO listed on the SME platform of NSE.

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