Closed
Surani Steel Tubes Limited logo

Surani Steel Tubes Limited IPO

SME IPOListedSURANINSE
Current Market Price (CMP)
₹326.85
Current Price (CMP)
₹326.85

Live Market Quote

Listing Price & Gain
Awaiting Listing

Day 1 Exchange Open

IPO Issue Price
₹52

Band: ₹51 - ₹52

Total Subscription
1.47x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
25 Jan 2019
IPO Bidding Closes
29 Jan 2019
Allotment & Refunds
Completed
Exchange Listing Day
06 Feb 2019

IPO Subscription Status

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

Overall Demand: 1.47x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)—
Non-Institutional Investors (NII / HNI)—
Retail Individual Investors (RII)—
Total Subscription1.47x
Updated as on null

Listing Day & Return Performance

Listing Day Gain—
₹52 (Issue) → — (List)
Holding Return (Till Date)—
₹52 (Issue) → ₹326.85 (CMP)
Net gain per share: +₹274.85
Post-Listing Performance (Listing Day → Today):—

About Surani Steel Tubes Limited IPO

Surani Steel Tubes Limited is an Indian public offering categorized under the SME (Small and Medium Enterprise) segment. The public issue opened for bidding on 25 Jan 2019 and concluded on 29 Jan 2019, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹51 - ₹52.

During the bidding window, Surani Steel Tubes Limited recorded an overall subscription of 1.47 times. Institutional investors (QIB) subscribed —, non-institutional high-net-worth investors (NII) subscribed —, and retail individual investors (RII) bid — their reserved quota.

Surani Steel Tubes 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 Surani Steel Tubes Limited IPO?
The issue price of Surani Steel Tubes Limited IPO was fixed at ₹52 per equity share. The indicative bidding price band was ₹51 - ₹52.
What were the open, close, and listing dates for Surani Steel Tubes Limited IPO?
Surani Steel Tubes Limited IPO opened on 25 Jan 2019, closed on 29 Jan 2019, listed on 06 Feb 2019.
How much was Surani Steel Tubes Limited IPO subscribed?
The IPO received an overall subscription of 1.47 times. Category-wise, QIBs subscribed —x, NIIs subscribed —x, and Retail investors subscribed —x.
Is Surani Steel Tubes Limited IPO a Mainboard or SME IPO?
Surani Steel Tubes Limited IPO is a SME IPO listed on the SME platform of NSE.

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