Endurance Technologies Limited IPO
Endurance Technologies Limited was a mainboard IPO in the Auto Components & Equipments sector, offered at ₹467–₹472 per share to raise ₹1,162 crore. The issue was subscribed 43.84× overall (QIBs 53.43×, NIIs 127.07×, retail 2.69×). It listed on 19 Oct 2016 at ₹572 and closed its first day at ₹647, a listing gain of +37.1% versus the ₹472 issue price. It now trades around ₹2,273 (+381.6% versus the issue price).
Frequently asked questions
- How many times was the Endurance Technologies Limited IPO subscribed?
- The Endurance Technologies Limited IPO was subscribed 43.84× overall — 53.43× in the QIB category, 127.07× among non-institutional investors, 2.69× in retail.
- What were the Endurance Technologies Limited IPO listing gains?
- Endurance Technologies Limited listed on 19 Oct 2016 at ₹572, closing its first day at ₹647 — a listing gain of +37.1% versus the ₹472 issue price.
- What were the retail allotment odds for the Endurance Technologies Limited IPO?
- Retail was subscribed 2.69×, so a single-lot application had roughly a 37.2% chance of allotment (about 1 in 3), and allotment was finalised on 13 Oct 2016.
- What was the price band and lot size of the Endurance Technologies Limited IPO?
- The price band was ₹467–₹472 per share, with a minimum lot of 30 shares (₹14,160 at the upper band).
- Who were the registrar and lead manager for the Endurance Technologies Limited IPO?
- Link Intime India Private Limited was the registrar, and Axis Capital was the book-running lead manager.