Polycab India Limited IPO
Polycab India Limited was a mainboard IPO in the Cables - Electricals sector, offered at ₹533–₹538 per share to raise ₹1,346 crore. The issue was subscribed 51.96× overall (QIBs 92.44×, NIIs 110.42×, retail 4.65×). It listed on 16 Apr 2019 at ₹633 and closed its first day at ₹655, a listing gain of +21.7% versus the ₹538 issue price. It now trades around ₹7,787 (+1347.4% versus the issue price).
Frequently asked questions
- How many times was the Polycab India Limited IPO subscribed?
- The Polycab India Limited IPO was subscribed 51.96× overall — 92.44× in the QIB category, 110.42× among non-institutional investors, 4.65× in retail.
- What were the Polycab India Limited IPO listing gains?
- Polycab India Limited listed on 16 Apr 2019 at ₹633, closing its first day at ₹655 — a listing gain of +21.7% versus the ₹538 issue price.
- What were the retail allotment odds for the Polycab India Limited IPO?
- Retail was subscribed 4.65×, so a single-lot application had roughly a 21.5% chance of allotment (about 1 in 5), and allotment was finalised on 10 Apr 2019.
- What was the price band and lot size of the Polycab India Limited IPO?
- The price band was ₹533–₹538 per share, with a minimum lot of 27 shares (₹14,526 at the upper band).
- Who were the registrar and lead manager for the Polycab India Limited IPO?
- Karvy Fintech Private Limited was the registrar, and Kotak Mahindra Capital was the book-running lead manager.