GTPL Hathway IPO
GTPL Hathway Limited (GTPL) · mainboard IPO on NSE and BSE · 100% Book Building. Listed on 04 July 2017.
Listed 4 Jul
Subscribed 1.53x
Listing gain +0.0%
Issue details
Price band
₹167–170
Issue price
₹170
Lot size
88 shares
Min. retail bid
₹14,960
Max. retail bid
13 lots (₹1,94,480)
Issue size
₹492 Cr
Face value
₹10
Bidding
21 Jun – 23 Jun 2017
Listing
04 Jul 2017
Retail quota
35%
Registrar
Link Intime India Private Limited
Listing day
Listed at
₹170
0.0% vs issue price ₹170
Day's high
₹175
+2.9% · low ₹162 (-4.7%)
Day's close
₹172
+1.0% · traded ₹241 Cr
Subscription status
| Category | Shares offered | Shares bid for | Subscribed | |
|---|---|---|---|---|
| QIB (institutions) | 58,30,336 | 86,46,968 | 1.48x | |
| NII (HNI) total | 43,15,689 | 1,23,20,528 | 2.85x | |
| Retail | 1,00,69,941 | 1,00,04,720 | 0.99x | |
| Total | 2,02,15,966 | 3,09,72,216 | 1.53x |
Bids on NSE and BSE together, as published by NSE. Shares offered exclude the anchor portion. 28% 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 GTPL Hathway's, and how they listed.
| IPO | QIB | NII | Retail | Total | Size | Listing gain | Day high |
|---|---|---|---|---|---|---|---|
| Infibeam IncorporationMar 2016 | 0.86x | 2.23x | 1.31x | 1.11x | ₹1,148 Cr | +4.9% | +8.1% |
| S.P. ApparelsAug 2016 | 2.21x | 5.10x | 1.90x | 2.66x | ₹254 Cr | +2.6% | +7.7% |
| Precision CamshaftsJan 2016 | 2.62x | 0.73x | 2.01x | 1.91x | ₹424 Cr | -11.3% | -0.5% |
| HealthCare Global EnterprisesMar 2016 | 2.36x | 0.43x | 0.83x | 1.56x | ₹650 Cr | -3.6% | -2.8% |
| L&T Technology ServicesSep 2016 | 5.01x | 1.03x | 1.75x | 2.53x | ₹894 Cr | +7.0% | +8.3% |
| Tejas NetworksJun 2017 | 2.16x | 0.48x | 3.10x | 1.88x | ₹803 Cr | 0.0% | +5.6% |
Lead managers and their listing record
| Book running lead manager | Mainboard IPOs since 2019 | Avg listing gain | Listed at a premium |
|---|---|---|---|
| JM Financial Institutional Securities | 109 | +22.8% | 75% |
| BNP Paribas | 10 | +10.5% | 50% |
| Motilal Oswal Investment Advisors | 47 | +15.0% | 72% |
| YES Securities (India) | 6 | +28.6% | 83% |
Offer documents (NSE)
Frequently asked
What is the GTPL Hathway IPO price band and lot size? ₹167–170 per share, with a lot of 88 shares, so the smallest retail bid is ₹14,960.
How many times has it been subscribed? 1.53x overall: QIB 1.48x, NII 2.85x, retail 0.99x.
How did it list? It opened at ₹170, +0.0% against the issue price of ₹170, and closed its first day +1.0%.
Other IPOs of 2017
Astron Paper & Board MillsFuture Supply Chain SolutionsShalbyHDFC Standard Life Insurance CompanyKhadim IndiaThe New India Assurance CompanyMahindra LogisticsReliance Nippon Life Asset Management
All 2017 IPOs →
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.
