Jiwanram Sheoduttrai Industries Limited IPO
Jiwanram Sheoduttrai Industries Limited was a SME IPO in the Other Industrial Products sector, offered at ₹23–₹23 per share to raise ₹17 crore. It listed on 18 Sep 2023 at ₹30 and closed its first day at ₹28, a listing gain of +23.9% versus the ₹23 issue price. It now trades around ₹4 (-84.3% versus the issue price).
Frequently asked questions
- What were the Jiwanram Sheoduttrai Industries Limited IPO listing gains?
- Jiwanram Sheoduttrai Industries Limited listed on 18 Sep 2023 at ₹30, closing its first day at ₹28 — a listing gain of +23.9% versus the ₹23 issue price.
- What was the price band and lot size of the Jiwanram Sheoduttrai Industries Limited IPO?
- The price band was ₹23–₹23 per share, with a minimum lot of 6,000 shares (₹1,38,000 at the upper band).
- Who were the registrar and lead manager for the Jiwanram Sheoduttrai Industries Limited IPO?
- Cameo Corporate Services Limited was the registrar, and Affinity Global Capital Market was the book-running lead manager.