e2E Rail IPO

Railway Infrastructure - Listed on 02 January 2026

+90.0% listing gain
Issue Price (Upper)
Rs 174
Listing Price
Rs 330.6
Closing Price (NSE)
Rs 327.8
Total Subscription
526.63x

e2E Rail IPO listing summary

e2E Rail (Railway Infrastructure) closed its IPO window in 2026 and listed on NSE and BSE on 02 January 2026 at an upper band issue price of Rs 174, opening at Rs 330.6 for a listing gain of +90.0% and closing day one at Rs 327.8 (+88.4% on closing basis). The IPO was subscribed 526.63x overall - QIB 236.30x, HNI/NII 872.45x, Retail 544.28x. The total issue size was Rs 84.22 Cr (Fresh Issue Rs 84.22 Cr, OFS Rs 0 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.

Listing day performance

Listing Gain (Open)
+90.00%
Listing Gain (Close)
+88.39%
Day Change After Listing
-0.85%
Retail Quota
35.0%

Subscription breakdown

Final (Day 3) subscription

Number of times each investor category subscribed by close of Day 3.

QIB236.30x
HNI / NII872.45x
Retail544.28x
Overall526.63x

Day-wise overall subscription

How overall subscription built up across the three-day issue window.

Day 17.24x
Day 2120.83x
Day 3 (Final)526.63x

e2E Rail IPO GMP history

Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.

DayGMP (Rs)GMP %
Day 1Rs 145+83.33%
Day 2Rs 145+83.33%
Day 3Rs 145+83.33%
Day 4Rs 142+81.61%
Day 5Rs 142+81.61%

GMP Prediction vs IPOGyani AI Prediction

Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.

GMP Prediction Range
81.6%-83.3%
IPOGyani AI Prediction
-
Actual Listing Gain
+90.0%

Issue & financials

Issue SizeRs 84.22 Cr
Fresh IssueRs 84.22 Cr
OFSRs 0 Cr
IPO PE15.03
Peer / Sector PE24.00
PE vs Sector Ratio0.63
Latest EBITDA (Cr)10.59
Debt / Equity0.57

Market context at listing

How the broader market moved around the e2E Rail IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.

Nifty 3D Return+1.50%
Nifty 1W Return+1.10%
Nifty 1M Return+1.32%
Nifty during IPO window-0.40%

e2E Rail IPO - FAQs

What was the listing gain of e2E Rail IPO?

e2E Rail IPO listed at +90.0% versus the upper issue price of Rs 174 on 02 January 2026.

How many times was e2E Rail IPO subscribed?

e2E Rail IPO was subscribed 526.63x overall. QIB portion was subscribed 236.30x, HNI / NII 872.45x and Retail 544.28x.

What was the IPO GMP for e2E Rail?

IPO GMP started at Rs 145 on Day 1 and moved to Rs 142 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.

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