COMRADE APPLIANCES LIMITED IPO
COMRADE APPLIANCES LIMITED was a SME IPO, offered at ₹52–₹54 per share. The issue was subscribed 71.92× overall (QIBs 21.86×, NIIs 120.78×, retail 72.08×). It listed on 13 Jun 2023 and closed its first day at ₹91, a listing gain of +69.2% versus the ₹54 issue price. It now trades around ₹37 (-30.6% versus the issue price).
Frequently asked questions
- How many times was the COMRADE APPLIANCES LIMITED IPO subscribed?
- The COMRADE APPLIANCES LIMITED IPO was subscribed 71.92× overall — 21.86× in the QIB category, 120.78× among non-institutional investors, 72.08× in retail.
- What were the COMRADE APPLIANCES LIMITED IPO listing gains?
- COMRADE APPLIANCES LIMITED listed on 13 Jun 2023, closing its first day at ₹91 — a listing gain of +69.2% versus the ₹54 issue price.
- What were the retail allotment odds for the COMRADE APPLIANCES LIMITED IPO?
- Retail was subscribed 72.08×, so a single-lot application had roughly a 1.4% chance of allotment (about 1 in 72), and allotment was finalised on 7 Jun 2023.
- What was the price band and lot size of the COMRADE APPLIANCES LIMITED IPO?
- The price band was ₹52–₹54 per share.