Endurance Technologies IPO

Endurance Technologies Limited (ENDURANCE) · mainboard IPO on NSE and BSE · 100% Book Building. Listed on 19 October 2016.

Listed 19 Oct Subscribed 43.8x Listing gain +21.2%

Issue details

Price band
₹467–472
Issue price
₹472
Lot size
—
Min. retail bid
—
Issue size
₹1,162 Cr
Face value
₹10
Bidding
05 Oct – 07 Oct 2016
Listing
19 Oct 2016
Retail quota
35%
Registrar
Link Intime India Private Limited

Listing day

Listed at
₹572
+21.2% vs issue price ₹472
Day's high
₹654
+38.6% · low ₹572 (+21.2%)
Day's close
₹647
+37.1% · traded ₹2,215 Cr

Subscription status

CategoryShares offeredShares bid forSubscribed
QIB (institutions) 49,22,60526,30,03,880 53.4x
NII (HNI) total 36,91,95446,91,30,760 127x
Retail 86,14,5592,31,38,250 2.69x
Total 1,72,29,11875,52,72,890 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.

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%
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%
Dilip BuildconAug 2016 9.76x79.6x 2.35x20.9x ₹672 Cr +9.6%+16.4%
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
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%.

Other IPOs of 2016

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