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R K SWAMY IPO

Advertising/Marketing - Listed on 12 March 2024

-8.7% listing gain
Issue Price (Upper)
Rs 288
Listing Price
Rs 263
Closing Price (NSE)
Rs 262.6
Total Subscription
27.77x

R K SWAMY IPO listing summary

R K SWAMY (Advertising/Marketing) closed its IPO window in 2024 and listed on NSE and BSE on 12 March 2024 at an upper band issue price of Rs 288, opening at Rs 263 for a listing gain of -8.7% and closing day one at Rs 262.6 (-8.8% on closing basis). The IPO was subscribed 27.77x overall - QIB 32.09x, HNI/NII 46.32x, Retail 17.42x. The total issue size was Rs 251.19 Cr (Fresh Issue Rs 86.19 Cr, OFS Rs 165 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)
-8.68%
Listing Gain (Close)
-8.82%
Day Change After Listing
-0.14%
Retail Quota
10.0%

Subscription breakdown

Final (Day 3) subscription

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

QIB32.09x
HNI / NII46.32x
Retail17.42x
Overall27.77x

Day-wise overall subscription

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

Day 12.68x
Day 26.59x
Day 3 (Final)27.77x

R K SWAMY 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 65+2.43%
Day 2Rs 60+5.21%
Day 3Rs 55+7.99%
Day 4Rs 50+7.99%
Day 5Rs 35+12.15%

GMP Prediction vs IPOGyani AI Prediction

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

GMP Prediction Range
2.4%-12.2%
IPOGyani AI Prediction
-
Actual Listing Gain
-8.7%

Issue & financials

Issue SizeRs 251.19 Cr
Fresh IssueRs 86.19 Cr
OFSRs 165 Cr
IPO PE38.00
Peer / Sector PE45.00
PE vs Sector Ratio0.84
Latest EBITDA (Cr)10.85
Debt / Equity0.34

Market context at listing

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

Nifty 3D Return+1.92%
Nifty 1W Return+0.93%
Nifty 1M Return+2.52%
Nifty during IPO window+0.31%

R K SWAMY IPO - FAQs

What was the listing gain of R K SWAMY IPO?

R K SWAMY IPO listed at -8.7% versus the upper issue price of Rs 288 on 12 March 2024.

How many times was R K SWAMY IPO subscribed?

R K SWAMY IPO was subscribed 27.77x overall. QIB portion was subscribed 32.09x, HNI / NII 46.32x and Retail 17.42x.

What was the IPO GMP for R K SWAMY?

IPO GMP started at Rs 65 on Day 1 and moved to Rs 35 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.

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