BSE IPO

BSE Limited (BSE) · mainboard IPO on NSE and BSE · 100% Book Building. Listed on 03 February 2017.

Listed 3 Feb Subscribed 51.2x Listing gain +34.6%

Issue details

Price band
₹805–806
Issue price
₹806
Lot size
—
Min. retail bid
—
Issue size
₹1,243 Cr
Face value
₹2
Bidding
23 Jan – 25 Jan 2017
Listing
03 Feb 2017
Retail quota
35%
Registrar
Karvy Computershare Private Limited

Listing day

Listed at
₹1,085
+34.6% vs issue price ₹806
Day's high
₹1,200
+48.9% · low ₹1,065 (+32.1%)
Day's close
₹1,069
+32.7% · traded ₹1,759 Cr

Subscription status

CategoryShares offeredShares bid forSubscribed
QIB (institutions) 30,85,44015,00,60,672 48.6x
NII (HNI) total 23,14,08036,80,11,152 159x
Retail 53,99,5193,50,08,362 6.48x
Total 1,07,99,03955,30,80,186 51.2x

Bids on NSE and BSE together, as published by NSE. Shares offered exclude the anchor portion. 5% of all shares bid for were at the cut-off price.

Past IPOs with similar demand

Earlier mainboard IPOs whose QIB, NII and retail subscription and size were closest to BSE's, and how they listed.

IPOQIBNIIRetailTotalSizeListing gainDay high
Ujjivan Financial ServicesMay 2016 33.8x135x 4.02x40.7x ₹892 Cr +10.4%+16.5%
RBL BankAug 2016 85.1x198x 5.70x69.6x ₹1,219 Cr +21.9%+35.8%
Endurance TechnologiesOct 2016 53.4x127x 2.69x43.8x ₹1,162 Cr +21.2%+38.6%
Thyrocare TechnologiesApr 2016 73.2x225x 8.73x73.5x ₹479 Cr +49.1%+49.1%
TeamLease ServicesFeb 2016 27.0x185x 10.6x66.0x ₹450 Cr +1.2%+21.4%
Advanced Enzyme TechnologiesJul 2016 94.0x393x 11.7x116x ₹413 Cr +35.0%+38.8%

Lead managers and their listing record

Book running lead managerMainboard IPOs since 2019Avg listing gainListed at a premium
Motilal Oswal Investment Advisors 47+15.0%72%
SBI Capital Markets 56+16.7%61%
SMC Capitals 2+7.0%100%

Offer documents (NSE)

Frequently asked

What is the BSE IPO price band and lot size? ₹805–806 per share.

How many times has it been subscribed? 51.2x overall: QIB 48.6x, NII 159x, retail 6.48x.

How did it list? It opened at ₹1,085, +34.6% against the issue price of ₹806, and closed its first day +32.7%.

Other IPOs of 2017

Important: The AI listing estimates on Flash Finance are statistical estimates drawn from how past Indian IPOs have listed. They are not a forecast of what any IPO will do, not a recommendation to apply, buy or sell, and not investment advice. Listing prices depend on market conditions on the listing day and can differ widely from any estimate; past patterns may not repeat. Subscription figures are as published by NSE (bids on NSE and BSE together) and can be revised. Flash Finance is not a SEBI-registered investment adviser or research analyst. Read the issue's Red Herring Prospectus and consult a SEBI-registered adviser before you invest.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI