De Neers Tools Limited IPO
De Neers Tools Limited was a SME IPO in the Iron & Steel Products sector, offered at ₹95–₹101 per share to raise ₹23 crore. It listed on 11 May 2023 at ₹190 and closed its first day at ₹180, a listing gain of +78.7% versus the ₹101 issue price.
Frequently asked questions
- What were the De Neers Tools Limited IPO listing gains?
- De Neers Tools Limited listed on 11 May 2023 at ₹190, closing its first day at ₹180 — a listing gain of +78.7% versus the ₹101 issue price.
- What was the price band and lot size of the De Neers Tools Limited IPO?
- The price band was ₹95–₹101 per share, with a minimum lot of 1,200 shares (₹1,21,200 at the upper band).
- Who were the registrar and lead manager for the De Neers Tools Limited IPO?
- Bigshare Services Private Limited was the registrar, and Khambatta Securities was the book-running lead manager.