Sandhar Technologies Limited IPO
Sandhar Technologies Limited was a mainboard IPO in the Auto Components & Equipments sector, offered at ₹327–₹332 per share to raise ₹512 crore. The issue was subscribed 6.19× overall (QIBs 14.49×, NIIs 6.39×, retail 1.42×). It listed on 2 Apr 2018 at ₹346 and closed its first day at ₹322, a listing loss of -3.0% versus the ₹332 issue price. It now trades around ₹446 (+34.3% versus the issue price).
Frequently asked questions
- How many times was the Sandhar Technologies Limited IPO subscribed?
- The Sandhar Technologies Limited IPO was subscribed 6.19× overall — 14.49× in the QIB category, 6.39× among non-institutional investors, 1.42× in retail.
- What were the Sandhar Technologies Limited IPO listing gains?
- Sandhar Technologies Limited listed on 2 Apr 2018 at ₹346, closing its first day at ₹322 — a listing loss of -3.0% versus the ₹332 issue price.
- What were the retail allotment odds for the Sandhar Technologies Limited IPO?
- Retail was subscribed 1.42×, so a single-lot application had roughly a 70.4% chance of allotment — most applicants were allotted, and allotment was finalised on 27 Mar 2018.
- What was the price band and lot size of the Sandhar Technologies Limited IPO?
- The price band was ₹327–₹332 per share, with a minimum lot of 45 shares (₹14,940 at the upper band).
- Who were the registrar and lead manager for the Sandhar Technologies Limited IPO?
- Link Intime India Private Limited was the registrar, and ICICI Securities was the book-running lead manager.