Gajanand International Limited IPO
Gajanand International Limited was a SME IPO in the Other Textile Products sector, offered at ₹36–₹36 per share to raise ₹21 crore. It listed on 16 Sep 2024 at ₹42 and closed its first day at ₹40, a listing gain of +10.8% versus the ₹36 issue price. It now trades around ₹7 (-79.9% versus the issue price).
Frequently asked questions
- What were the Gajanand International Limited IPO listing gains?
- Gajanand International Limited listed on 16 Sep 2024 at ₹42, closing its first day at ₹40 — a listing gain of +10.8% versus the ₹36 issue price.
- What was the price band and lot size of the Gajanand International Limited IPO?
- The price band was ₹36–₹36 per share, with a minimum lot of 3,000 shares (₹1,08,000 at the upper band).
- Who were the registrar and lead manager for the Gajanand International Limited IPO?
- Skyline Financial Services Private Limited was the registrar, and Fast Track Finsec was the book-running lead manager.