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Steel City Securities Limited logo

Steel City Securities Limited IPO

SME IPOListedSTEELCITYNSE
Current Market Price (CMP)
₹77.26(+37.47%)
Current Price (CMP)
₹77.26(+37.47%)

Live Market Quote

Listing Price & Gain
₹68.75(+22.33%)

Day 1 Exchange Open

IPO Issue Price
₹56.20

Band: ₹55

Total Subscription
4.88x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
06 Feb 2017
IPO Bidding Closes
09 Feb 2017
Allotment & Refunds
Completed
Exchange Listing Day
27 Jun 2019

IPO Subscription Status

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

Overall Demand: 4.88x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)—
Non-Institutional Investors (NII / HNI)—
Retail Individual Investors (RII)—
Total Subscription4.88x
Updated as on null

Listing Day & Return Performance

Listing Day Gain+22.33%
₹56.20 (Issue) → ₹68.75 (List)
Per share profit: +₹12.55
Holding Return (Till Date)+37.47%
₹56.20 (Issue) → ₹77.26 (CMP)
Net gain per share: +₹21.06
Post-Listing Performance (Listing Day → Today):+12.38%

About Steel City Securities Limited IPO

Steel City Securities Limited is an Indian public offering categorized under the SME (Small and Medium Enterprise) segment. The public issue opened for bidding on 06 Feb 2017 and concluded on 09 Feb 2017, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹55.

During the bidding window, Steel City Securities Limited recorded an overall subscription of 4.88 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 Steel City Securities Limited officially debuted on the stock exchanges on 27 Jun 2019 at an opening listing price of ₹68.75, delivering a listing day return of +22.33% (premium) over the final issue price. As per the latest market data, the stock trades at ₹77.26, representing an overall gain of +37.47% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Steel City Securities Limited IPO?
The issue price of Steel City Securities Limited IPO was fixed at ₹56.20 per equity share. The indicative bidding price band was ₹55.
What were the open, close, and listing dates for Steel City Securities Limited IPO?
Steel City Securities Limited IPO opened on 06 Feb 2017, closed on 09 Feb 2017, listed on 27 Jun 2019.
How much was Steel City Securities Limited IPO subscribed?
The IPO received an overall subscription of 4.88 times. Category-wise, QIBs subscribed —x, NIIs subscribed —x, and Retail investors subscribed —x.
What was the listing price and listing gain of Steel City Securities Limited IPO?
Steel City Securities Limited IPO listed on the stock exchange at ₹68.75, delivering a listing gain of 22.33% compared to the IPO issue price of ₹56.20.
Is Steel City Securities Limited IPO a Mainboard or SME IPO?
Steel City Securities Limited IPO is a SME IPO listed on the SME platform of NSE.
What is the current return of Steel City Securities Limited IPO since its IPO?
At the latest market quote of ₹77.26, Steel City Securities Limited IPO has generated an all-time return of +37.47% since its initial public offering.

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