S.P. Apparels IPO
S.P. Apparels Limited (SPAL) · mainboard IPO on NSE and BSE · 100% Book Building. Listed on 12 August 2016.
Listed 12 Aug
Subscribed 2.66x
Listing gain +2.6%
Issue details
Price band
₹258–268
Issue price
₹268
Lot size
—
Min. retail bid
—
Issue size
₹254 Cr
Face value
₹10
Bidding
02 Aug – 04 Aug 2016
Listing
12 Aug 2016
Retail quota
35%
Registrar
Link Intime India Private Limited
Listing day
Listed at
₹275
+2.6% vs issue price ₹268
Day's high
₹289
+7.7% · low ₹275 (+2.6%)
Day's close
₹289
+7.7% · traded ₹56.1 Cr
Subscription status
| Category | Shares offered | Shares bid for | Subscribed | |
|---|---|---|---|---|
| QIB (institutions) | 19,39,905 | 42,83,290 | 2.21x | |
| NII (HNI) total | 13,85,010 | 70,64,695 | 5.10x | |
| Retail | 32,31,690 | 61,25,020 | 1.90x | |
| Total | 65,56,605 | 1,74,73,005 | 2.66x |
Bids on NSE and BSE together, as published by NSE. Shares offered exclude the anchor portion. 31% 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 S.P. Apparels'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% |
| 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% |
| Larsen & Toubro InfotechJul 2016 | 19.9x | 10.8x | 7.39x | 11.7x | ₹1,242 Cr | -6.1% | 0.0% |
| Mahanagar GasJun 2016 | — | — | — | — | — | +28.3% | +30.4% |
| Parag Milk FoodsMay 2016 | — | — | — | — | — | +1.2% | +16.1% |
Offer documents (NSE)
Frequently asked
What is the S.P. Apparels IPO price band and lot size? ₹258–268 per share.
How many times has it been subscribed? 2.66x overall: QIB 2.21x, NII 5.10x, retail 1.90x.
How did it list? It opened at ₹275, +2.6% against the issue price of ₹268, and closed its first day +7.7%.
Other IPOs of 2016
Laurus LabsSheela FoamGreenSignal Bio PharmaVarun BeveragesEndurance TechnologiesHPL Electric and PowerGNA AxlesL&T Technology Services
All 2016 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.
