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Gujarat Industries Power Company Limited IPO

Gujarat Industries Power Company Limited was a mainboard IPO, offered at ₹63–₹75 per share to raise ₹317 crore. It listed on 8 Feb 1995 at ₹75 and closed its first day at ₹80, a listing gain of +17.6% versus the ₹68 issue price. It now trades around ₹160 (+135.3% versus the issue price).

Frequently asked questions

What were the Gujarat Industries Power Company Limited IPO listing gains?
Gujarat Industries Power Company Limited listed on 8 Feb 1995 at ₹75, closing its first day at ₹80 — a listing gain of +17.6% versus the ₹68 issue price.
What was the price band and lot size of the Gujarat Industries Power Company Limited IPO?
The price band was ₹63–₹75 per share.