S Chand and Company Limited IPO
S Chand and Company Limited was a mainboard IPO in the Printing & Publication sector, offered at ₹660–₹670 per share to raise ₹729 crore. The issue was subscribed 59.49× overall (QIBs 44.27×, NIIs 204.65×, retail 6.07×). It listed on 9 May 2017 at ₹700 and closed its first day at ₹676, a listing gain of +0.9% versus the ₹670 issue price. It now trades around ₹126 (-81.3% versus the issue price).
Frequently asked questions
- How many times was the S Chand and Company Limited IPO subscribed?
- The S Chand and Company Limited IPO was subscribed 59.49× overall — 44.27× in the QIB category, 204.65× among non-institutional investors, 6.07× in retail.
- What were the S Chand and Company Limited IPO listing gains?
- S Chand and Company Limited listed on 9 May 2017 at ₹700, closing its first day at ₹676 — a listing gain of +0.9% versus the ₹670 issue price.
- What were the retail allotment odds for the S Chand and Company Limited IPO?
- Retail was subscribed 6.07×, so a single-lot application had roughly a 16.5% chance of allotment (about 1 in 6), and allotment was finalised on 3 May 2017.
- What was the price band and lot size of the S Chand and Company Limited IPO?
- The price band was ₹660–₹670 per share, with a minimum lot of 22 shares (₹14,740 at the upper band).
- Who were the registrar and lead manager for the S Chand and Company Limited IPO?
- Link Intime India Private Limited was the registrar, and JM Financial was the book-running lead manager.