Shree Tirupati Balajee IPO
Agro/FIBC Bags - Listed on 12 September 2024
Shree Tirupati Balajee IPO listing summary
Shree Tirupati Balajee (Agro/FIBC Bags) closed its IPO window in 2024 and listed on NSE and BSE on 12 September 2024 at an upper band issue price of Rs 83, opening at Rs 94.5 for a listing gain of +13.9% and closing day one at Rs 94.5 (+13.9% on closing basis). The IPO was subscribed 124.74x overall - QIB 149.21x, HNI/NII 330.34x, Retail 73.22x. The total issue size was Rs 169.65 Cr (Fresh Issue Rs 122.43 Cr, OFS Rs 47.23 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
Shree Tirupati Balajee 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.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 10 | +24.10% |
| Day 2 | Rs 7 | +31.33% |
| Day 3 | Rs 15 | +33.73% |
| Day 4 | Rs 25 | +30.12% |
| Day 5 | Rs 35 | +26.51% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Issue & financials
Market context at listing
How the broader market moved around the Shree Tirupati Balajee IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Shree Tirupati Balajee IPO - FAQs
What was the listing gain of Shree Tirupati Balajee IPO?
Shree Tirupati Balajee IPO listed at +13.9% versus the upper issue price of Rs 83 on 12 September 2024.
How many times was Shree Tirupati Balajee IPO subscribed?
Shree Tirupati Balajee IPO was subscribed 124.74x overall. QIB portion was subscribed 149.21x, HNI / NII 330.34x and Retail 73.22x.
What was the IPO GMP for Shree Tirupati Balajee?
IPO GMP started at Rs 10 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.