H.G.Infra Engineering IPO
H.G.Infra Engineering Limited (HGINFRA) · mainboard IPO on NSE and BSE · 100% Book Building. Listed on 09 March 2018.
Issue details
Listing day
Subscription status
| Category | Shares offered | Shares bid for | Subscribed | |
|---|---|---|---|---|
| QIB (institutions) | 34,33,647 | — | 0.00x | |
| NII (HNI) total | 26,11,027 | 1,85,625 | 0.07x | |
| Retail | 60,92,396 | 51,33,865 | 0.84x | |
| Total | 1,21,37,070 | 53,19,490 | 0.44x |
Bids on NSE and BSE together, as published by NSE. Shares offered exclude the anchor portion. 27% 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 H.G.Infra Engineering's, and how they listed.
| IPO | QIB | NII | Retail | Total | Size | Listing gain | Day high |
|---|---|---|---|---|---|---|---|
| Galaxy SurfactantsJan 2018 | — | — | — | — | — | +3.0% | +17.2% |
| Salasar Techno EngineeringJul 2017 | — | — | — | — | — | +131.5% | +143.1% |
| Mahanagar GasJun 2016 | — | — | — | — | — | +28.3% | +30.4% |
| Parag Milk FoodsMay 2016 | — | — | — | — | — | +1.2% | +16.1% |
| Equitas HoldingsApr 2016 | — | — | — | — | — | +31.9% | +33.6% |
| Bharat Wire RopesMar 2016 | — | — | — | — | — | +5.0% | +5.0% |
Lead managers and their listing record
| Book running lead manager | Mainboard IPOs since 2019 | Avg listing gain | Listed at a premium |
|---|---|---|---|
| SBI Capital Markets | 56 | +16.7% | 61% |
| HDFC Bank | 16 | +15.8% | 75% |
Offer documents (NSE)
Frequently asked
What is the H.G.Infra Engineering IPO price band and lot size? ₹263–270 per share, with a lot of 55 shares, so the smallest retail bid is ₹14,850.
How many times has it been subscribed? 0.44x overall: QIB 0.00x, NII 0.07x, retail 0.84x.
How did it list? It opened at ₹270, +0.0% against the issue price of ₹270, and closed its first day -0.8%.
