Indbank Merchant Banking Services Limited operates as a Category I Merchant Banker, registered under SEBI, specializing in providing lead manager services to IPOs within India. In the context of an IPO, lead managers play an instrumental role as the central entity, actively engaged at each and every stage of the IPO process.
The subsequent report offers a comprehensive roster of IPOs meticulously managed by Indbank Merchant Banking Services Limited in their capacity as lead managers. This document also imparts vital information pertaining to:
- The frequency of instances where issues received subscriptions surpassing their designated thresholds (over-subscribed).
- The determination of the final issue price during the progression of the IPO.
- An assessment, quantified in percentages, of the gains or losses experienced upon listing.
Indbank Merchant Banking Services Limited IPOs & Listing Gain #
| Issuer Company | Issue Type | Listing Date | Issue Size | Subscribed | Issue Price | Listing Day Price | Current Price | 52 Week High | 52 Week Low |
|---|---|---|---|---|---|---|---|---|---|
| Rushil Decor Ltd | Mainline | Jul 07, 2011 | Rs 40.64 Cr | 2.62x | Rs 72.00 | Rs 119.65 (66.18%) | Rs 274.25 (280.9%) | Rs 597.70 (Sep 13, 2022) | Rs 203.67 (Mar 29, 2023) |
| Fineotex Chemical Ltd | Mainline | Mar 11, 2011 | Rs 29.48 Cr | 1.57x | Rs 70.00 | Rs 140.90 (101.29%) | Rs 286.00 (1942.86%) | Rs 409.00 (Sep 13, 2022) | Rs 203.00 (Mar 27, 2023) |
- Report – Lead Manager Performance Tracker
- Over-subscription (Total): Number of Times Issue is Subscribed (BSE + NSE)
- Issue Price: The price of share issued to public.
- * % Change on Listing Day: Percent gain/loss from Issue price to the close Price.
Note: This report only provide data about IPOs and do not cover FPOs.
