Indorient Financial Services Ltd operates as a Category I Merchant Banker registered with SEBI, specializing in delivering lead manager services for IPOs within the Indian market. In the context of an IPO, lead managers assume a pivotal role as the central entity, participating in every facet of the process.
Enclosed in the subsequent report is an inventory of IPOs that have been under the stewardship of Indorient Financial Services Ltd as the lead manager. This comprehensive document also imparts pertinent insights into:
- The frequency of instances where issues garnered subscriptions beyond the set limit (over-subscription).
- The determination of the ultimate issue price during the progression of the IPO.
- A quantitative assessment, measured in percentages, of the gains or losses incurred upon the listing.
Indorient Financial Services Ltd 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 |
|---|---|---|---|---|---|---|---|---|---|
| eMudhra Limited | Mainline | Jun 01, 2022 | Rs 412.79 Cr | 2.72x | Rs 256.00 | Rs 258.85 (1.11%) | Rs 446.95 (74.59%) | Rs 510.90 (Jul 24, 2023) | Rs 206.80 (Mar 27, 2023) |
| SecMark Consultancy Limited | SME | Oct 01, 2020 | Rs 15.04 Cr | 1.24x | Rs 135.00 | Rs 127.30 (-5.7%) | Rs 82.71 (-38.73%) | Rs 108.00 (May 10, 2023) | Rs 54.00 (Aug 16, 2022) |
- 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.
