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PREVEST DENPRO LIMITED IPO

PREVEST DENPRO LIMITED was a SME IPO, offered at ₹82–₹84 per share. The issue was subscribed 19.22× overall (QIBs 5.78×, NIIs 8.92×, retail 32.87×). It listed on 27 Sep 2021 and closed its first day at ₹181, a listing gain of +114.9% versus the ₹84 issue price. It now trades around ₹380 (+352.6% versus the issue price).

Frequently asked questions

How many times was the PREVEST DENPRO LIMITED IPO subscribed?
The PREVEST DENPRO LIMITED IPO was subscribed 19.22× overall — 5.78× in the QIB category, 8.92× among non-institutional investors, 32.87× in retail.
What were the PREVEST DENPRO LIMITED IPO listing gains?
PREVEST DENPRO LIMITED listed on 27 Sep 2021, closing its first day at ₹181 — a listing gain of +114.9% versus the ₹84 issue price.
What were the retail allotment odds for the PREVEST DENPRO LIMITED IPO?
Retail was subscribed 32.87×, so a single-lot application had roughly a 3% chance of allotment (about 1 in 33), and allotment was finalised on 21 Sep 2021.
What was the price band and lot size of the PREVEST DENPRO LIMITED IPO?
The price band was ₹82–₹84 per share.