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Surani Steel Tubes Limited IPO

Surani Steel Tubes Limited was a SME IPO, offered at ₹51–₹52 per share. It listed on 6 Feb 2019 at ₹53 and closed its first day at ₹53, a listing gain of +2.4% versus the ₹52 issue price. It now trades around ₹144 (+176.9% versus the issue price).

Frequently asked questions

What were the Surani Steel Tubes Limited IPO listing gains?
Surani Steel Tubes Limited listed on 6 Feb 2019 at ₹53, closing its first day at ₹53 — a listing gain of +2.4% versus the ₹52 issue price.
What was the price band and lot size of the Surani Steel Tubes Limited IPO?
The price band was ₹51–₹52 per share.