Vishwaraj Sugar Industries IPO
Vishwaraj Sugar Industries Limited (VISHWARAJ) · mainboard IPO on NSE and BSE. Listed on 15 October 2019.
Listed 15 Oct
Subscribed 1.12x
Listing gain +2.0%
Issue details
Price band
₹55.0–60.0
Issue price
₹60.0
Lot size
—
Min. retail bid
—
Issue size
₹69.0 Cr
Bidding
30 Sep – 04 Oct 2019
Listing
15 Oct 2019
Retail quota
35%
Listing day
Listed at
₹61.2
+2.0% vs issue price ₹60.0
Day's high
₹61.5
+2.5% · low ₹60.2 (+0.4%)
Day's close
₹60.4
+0.6% · traded ₹6.6 Cr
Subscription status
| Category | Shares offered | Shares bid for | Subscribed | |
|---|---|---|---|---|
| QIB (institutions) | 10,00,000 | 10,00,080 | 1.00x | |
| NII (HNI) total | 40,00,000 | 70,25,760 | 1.76x | |
| Retail | 50,00,000 | 31,78,800 | 0.64x | |
| Total | 1,00,00,000 | 1,12,04,640 | 1.12x |
Bids on NSE and BSE together, as published by NSE. Shares offered exclude the anchor portion.
Past IPOs with similar demand
Earlier mainboard IPOs whose QIB, NII and retail subscription and size were closest to Vishwaraj Sugar Industries's, and how they listed.
| IPO | QIB | NII | Retail | Total | Size | Listing gain | Day high |
|---|---|---|---|---|---|---|---|
| Karda ConstructionsMar 2018 | 1.55x | 3.44x | 2.01x | 2.54x | ₹89.0 Cr | -24.4% | -20.7% |
| GTPL HathwayJun 2017 | 1.48x | 2.85x | 0.99x | 1.53x | ₹492 Cr | 0.0% | +2.9% |
| Precision CamshaftsJan 2016 | 2.62x | 0.73x | 2.01x | 1.91x | ₹424 Cr | -11.3% | -0.5% |
| S.P. ApparelsAug 2016 | 2.21x | 5.10x | 1.90x | 2.66x | ₹254 Cr | +2.6% | +7.7% |
| Garden Reach Shipbuilders & EngineersOct 2018 | 1.81x | 0.31x | 0.24x | 1.02x | ₹598 Cr | -13.1% | -7.6% |
| HealthCare Global EnterprisesMar 2016 | 2.36x | 0.43x | 0.83x | 1.56x | ₹650 Cr | -3.6% | -2.8% |
Frequently asked
What is the Vishwaraj Sugar Industries IPO price band and lot size? ₹55.0–60.0 per share.
How many times has it been subscribed? 1.12x overall: QIB 1.00x, NII 1.76x, retail 0.64x.
How did it list? It opened at ₹61.2, +2.0% against the issue price of ₹60.0, and closed its first day +0.6%.
Other IPOs of 2019
Prince Pipes and FittingsUjjivan Small Finance BankCSB BankIndian Railway Catering and Tourism CorporationSterling & Wilson SolarAffle IndiaIndiaMART InterMESHNeogen Chemicals
All 2019 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.
