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Polysil Irrigation Systems Limited IPO

Polysil Irrigation Systems Limited was a SME IPO in the Plastic Products - Industrial sector, offered at ₹54–₹54 per share to raise ₹17 crore. It listed on 16 Feb 2024 at ₹56 and closed its first day at ₹54, a listing gain of +0.5% versus the ₹54 issue price. It now trades around ₹42 (-22.3% versus the issue price).

Frequently asked questions

What were the Polysil Irrigation Systems Limited IPO listing gains?
Polysil Irrigation Systems Limited listed on 16 Feb 2024 at ₹56, closing its first day at ₹54 — a listing gain of +0.5% versus the ₹54 issue price.
What was the price band and lot size of the Polysil Irrigation Systems Limited IPO?
The price band was ₹54–₹54 per share, with a minimum lot of 2,000 shares (₹1,08,000 at the upper band).
Who were the registrar and lead manager for the Polysil Irrigation Systems Limited IPO?
Bigshare Services Private Limited was the registrar, and Fedex Securities was the book-running lead manager.