TCNS Clothing IPO Listed Flat; Slips Down in Early Trade

IPO Initial Public Offerings
TCNS Clothing ipo to list on 30th July, Monday on BSE and NSE. It was started well with its gmp but due to low subscription numbers the gmp was going down and stable at single digit only. The face value of Rs.2 with price band of Rs.716 the TCNS Clothing ipo looks over priced. Somehow it was able to subscribe fully but now the company need to check its performance in next few quarters to get good going on the indices. We can expect a listing around the ipo price some where around Rs.720-730 level. We can expect it to go up around 750 level and on a down side it might be around 680-690 marks. Happy Investing!

TCNS Clothing IPO Listing Date, Listing Price, BSE Code, NSE Code, ISIN Number & Other Details are given below:

BSE Code541700
NSE CodeTCNSBRANDS
GroupB
ISIN NoINE778U01029
Offer PriceRs.716
Face ValueRs.2
Listing Date30-July-18, Monday

TCNS Clothing IPO Listing Price: Live Quote

DetailsBSE ListingNSE Listing
Listing Price
715.00
716.00
High Price
724.00
725.00
Low Price
626.60
627.55
Close Price
657.80
659.15

TCNS Clothing IPO Subscription: (Fully Subscribed)
CategoryDay 1Day 2Day 3
QIB0.297.0013.47
HNI0.010.095.08
RII0.030.070.57
Total0.102.065.22

TCNS Clothing IPO Review:

  • Apply for Long Term

      TCNS Clothing IPO Dates & Price Band: (Tentative)

      • IPO Open: 18-July-2018
      • IPO Close: 20-July-2018
      • IPO Size: Approx Rs.1125 Crore (Approx)
      • Face Value: Rs.2 Per Equity Share
      • Price Band: Rs.714 to 716  Per Share
      • Listing on: BSE & NSE
      • Retail Portion: 35%
      • Equity: 15,714,038 Shares

      TCNS Clothing IPO Market Lot:

      • Shares: Apply for 20 Shares (Minimum Lot Size)
      • Amount: Rs.14,320

      TCNS Clothing IPO Allotment & Listing:

      • Basis of Allotment: 25-July-2018
      • Refunds: 26-July-2018
      • Credit to demat accounts: 27-July-2018
      • Listing: 30-July-2018
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