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Patel Engineering Limited IPO

Patel Engineering Limited was a mainboard IPO, offered at ₹400–₹440 per share. It listed on 24 Feb 2005 and closed its first day at ₹130, a listing loss of -70.4% versus the ₹440 issue price. It now trades around ₹23 (-94.8% versus the issue price).

Frequently asked questions

What were the Patel Engineering Limited IPO listing gains?
Patel Engineering Limited listed on 24 Feb 2005, closing its first day at ₹130 — a listing loss of -70.4% versus the ₹440 issue price.
What was the price band and lot size of the Patel Engineering Limited IPO?
The price band was ₹400–₹440 per share.