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SIYARAM RECYCLING INDUSTRIES LIMITED IPO

SIYARAM RECYCLING INDUSTRIES LIMITED was a SME IPO, offered at ₹43–₹46 per share to raise ₹23 crore. The issue was subscribed 357.11× overall (QIBs 96.43×, NIIs 441.53×, retail 457.08×). It listed on 21 Dec 2023 and closed its first day at ₹55, a listing gain of +19.6% versus the ₹46 issue price.

Frequently asked questions

How many times was the SIYARAM RECYCLING INDUSTRIES LIMITED IPO subscribed?
The SIYARAM RECYCLING INDUSTRIES LIMITED IPO was subscribed 357.11× overall — 96.43× in the QIB category, 441.53× among non-institutional investors, 457.08× in retail.
What were the SIYARAM RECYCLING INDUSTRIES LIMITED IPO listing gains?
SIYARAM RECYCLING INDUSTRIES LIMITED listed on 21 Dec 2023, closing its first day at ₹55 — a listing gain of +19.6% versus the ₹46 issue price.
What were the retail allotment odds for the SIYARAM RECYCLING INDUSTRIES LIMITED IPO?
Retail was subscribed 457.08×, so a single-lot application had roughly a 0.2% chance of allotment (about 1 in 457), and allotment was finalised on 19 Dec 2023.
What was the price band and lot size of the SIYARAM RECYCLING INDUSTRIES LIMITED IPO?
The price band was ₹43–₹46 per share.