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Empyrean Cashews Limited IPO

Empyrean Cashews Limited was a SME IPO in the Other Food Products sector, offered at ₹37–₹37 per share to raise ₹19 crore. It listed on 31 Mar 2022 at ₹42 and closed its first day at ₹44, a listing gain of +19.2% versus the ₹37 issue price. It now trades around ₹356 (+862.8% versus the issue price).

Frequently asked questions

What were the Empyrean Cashews Limited IPO listing gains?
Empyrean Cashews Limited listed on 31 Mar 2022 at ₹42, closing its first day at ₹44 — a listing gain of +19.2% versus the ₹37 issue price.
What was the price band and lot size of the Empyrean Cashews Limited IPO?
The price band was ₹37–₹37 per share, with a minimum lot of 3,000 shares (₹1,11,000 at the upper band).
Who were the registrar and lead manager for the Empyrean Cashews Limited IPO?
Purva Sharegistry (India) Private Limited was the registrar, and Systematix was the book-running lead manager.