IRCON International ipo to list on the indices on 28th September. As the IRCON ipo got good response from retail investors with 9.77 times subscription while QIB was 12.29 times and HNI 4.92 times which was below expected. As the market conditions not look good and the lower side is seen from the most of the brokerage firms IRCON got a good response though. As the grey market is at par which is expected and we might have flat listing of IRCON or it might go below the price as well. Happy Investing!
| BSE Code | 541956 |
| NSE Code | IRCON |
| Group | B |
| ISIN No | INE962Y01013 |
| Offer Price | Rs.475 |
| Face Value | Rs.10 |
| Listing Date | 28-September-18, Friday |
IRCON IPO Listing Price: Live Quote
| Details | BSE Listing | NSE Listing |
| Listing Price |
410.30
|
412.00
|
| High Price |
464.40
|
465.00
|
| Low Price |
410.30
|
409.10
|
| Close Price |
416.65
|
415.30
|
IRCON IPO Subscription Numbers (Fully Subscribed)
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00 | 0.01 | 12.29 |
| HNI | 0.04 | 0.19 | 4.92 |
| RII | 0.86 | 2.96 | 9.66 |
| EMP | 0.02 | 0.11 | 0.36 |
| Total | 0.29 | 1.02 | 9.77 |
IRCON IPO Review:
- Apply for Long Term
Brokerage Firm Reviews:
- ICICI Direct: Subscribe
- Mehta Equities: Subscribe
- Centrum Wealth Research: Subscribe
- SPA Securities: Subscribe
- Choice Broking: Subscribe
- SMC Research: Subscribe
- Rudra Shares & Stock Brokers Ltd: Subscribe
IRCON IPO Dates & Price Band:
- IPO Open: 17-September-2018
- IPO Close: 19-September-2018
- IPO Size: Approx Rs. 470 Crore (Approx)
- Face Value: Rs.10 Per Equity Share
- Price Band: Rs. 470 to 475 Per Share
- Listing on: BSE & NSE
- Retail Portion: 35%
- Equity: 99,05,157 Shares
- Discount: Rs.10 (Retail & Employees)
IRCON IPO Market Lot:
- Shares: Apply for 30 Shares (Minimum Lot Size)
- Amount: Rs. 13,950 (For RII & EMP)
- Amount: Rs. 14,250 (For QIB & HNI)
IRCON IPO Allotment & Listing:
- Basis of Allotment: 25-September-2018
- Refunds: 26-September-2018
- Credit to demat accounts: 26-September-2018
- Listing: 28-September-2018
