Endurance Technologies IPO
Endurance Technologies Limited (ENDURANCE) · mainboard IPO on NSE and BSE · 100% Book Building. Listed on 19 October 2016.
Issue details
Listing day
Subscription status
| Category | Shares offered | Shares bid for | Subscribed | |
|---|---|---|---|---|
| QIB (institutions) | 49,22,605 | 26,30,03,880 | 53.4x | |
| NII (HNI) total | 36,91,954 | 46,91,30,760 | 127x | |
| Retail | 86,14,559 | 2,31,38,250 | 2.69x | |
| Total | 1,72,29,118 | 75,52,72,890 | 43.8x |
Bids on NSE and BSE together, as published by NSE. Shares offered exclude the anchor portion. 3% 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 Endurance Technologies's, and how they listed.
| IPO | QIB | NII | Retail | Total | Size | Listing gain | Day high |
|---|---|---|---|---|---|---|---|
| Ujjivan Financial ServicesMay 2016 | 33.8x | 135x | 4.02x | 40.7x | ₹892 Cr | +10.4% | +16.5% |
| RBL BankAug 2016 | 85.1x | 198x | 5.70x | 69.6x | ₹1,219 Cr | +21.9% | +35.8% |
| Thyrocare TechnologiesApr 2016 | 73.2x | 225x | 8.73x | 73.5x | ₹479 Cr | +49.1% | +49.1% |
| TeamLease ServicesFeb 2016 | 27.0x | 185x | 10.6x | 66.0x | ₹450 Cr | +1.2% | +21.4% |
| Dilip BuildconAug 2016 | 9.76x | 79.6x | 2.35x | 20.9x | ₹672 Cr | +9.6% | +16.4% |
| Advanced Enzyme TechnologiesJul 2016 | 94.0x | 393x | 11.7x | 116x | ₹413 Cr | +35.0% | +38.8% |
Lead managers and their listing record
| Book running lead manager | Mainboard IPOs since 2019 | Avg listing gain | Listed at a premium |
|---|---|---|---|
| Axis Capital | 107 | +20.4% | 73% |
| Citigroup Global Markets India | 35 | +14.2% | 63% |
Offer documents (NSE)
Frequently asked
What is the Endurance Technologies IPO price band and lot size? ₹467–472 per share.
How many times has it been subscribed? 43.8x overall: QIB 53.4x, NII 127x, retail 2.69x.
How did it list? It opened at ₹572, +21.2% against the issue price of ₹472, and closed its first day +37.1%.