INNOKAIZ INDIA LIMITED IPO
INNOKAIZ INDIA LIMITED was a SME IPO, offered at ₹76–₹78 per share. The issue was subscribed 88.43× overall (QIBs 23.93×, NIIs 224.93×, retail 46.1×). It listed on 11 May 2023 and closed its first day at ₹156, a listing gain of +99.5% versus the ₹78 issue price. It now trades around ₹13 (-83.9% versus the issue price).
Frequently asked questions
- How many times was the INNOKAIZ INDIA LIMITED IPO subscribed?
- The INNOKAIZ INDIA LIMITED IPO was subscribed 88.43× overall — 23.93× in the QIB category, 224.93× among non-institutional investors, 46.1× in retail.
- What were the INNOKAIZ INDIA LIMITED IPO listing gains?
- INNOKAIZ INDIA LIMITED listed on 11 May 2023, closing its first day at ₹156 — a listing gain of +99.5% versus the ₹78 issue price.
- What were the retail allotment odds for the INNOKAIZ INDIA LIMITED IPO?
- Retail was subscribed 46.1×, so a single-lot application had roughly a 2.2% chance of allotment (about 1 in 46), and allotment was finalised on 5 May 2023.
- What was the price band and lot size of the INNOKAIZ INDIA LIMITED IPO?
- The price band was ₹76–₹78 per share.