Railway Equipment & Industrial Manufacturing - Listed on 09 October 2026
Acme India Industries (Railway Equipment & Industrial Manufacturing) closed its IPO window in 2026 and listed on NSE and BSE on 09 October 2026 at an upper band issue price of Rs 196, opening at Rs 221 for a listing gain of +12.8% and closing day one at Rs 232.05 (+18.4% on closing basis). The IPO was subscribed 115.51x overall - QIB 137.93x, HNI/NII 145.11x, Retail 85.50x. The total issue size was Rs 121.69 Cr (Fresh Issue Rs 121.69 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.
Railway Equipment & Industrial Manufacturing
Acme India Industries operates in the Railway Equipment & Industrial Manufacturing space. The company’s listed profile is shaped by its operating niche, customer demand and ability to convert that demand into steady cash flows. Investors should read its exchange filings alongside the headline listing numbers for a fuller view of the business.
Issue structure, listing outcome and context
The Acme India Industries issue was offered at an upper price of Rs 196 and raised approximately Rs 121.69 crore. The final outcome reflected a mix of subscription demand, valuation, market conditions and the company’s own operating story. Fresh issue and offer-for-sale details, where available, are shown in the issue metrics below.
Number of times each investor category subscribed by close of Day 3.
How overall subscription built up across the three-day issue window.
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 | - | - |
| Day 2 | - | - |
| Day 3 | - | - |
| Day 4 | - | - |
| Day 5 | Rs 43 | +21.94% |
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
How the broader market moved around the Acme India Industries IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Acme India Industries IPO listed at +12.8% versus the upper issue price of Rs 196 on 09 October 2026.
Acme India Industries IPO was subscribed 115.51x overall. QIB portion was subscribed 137.93x, HNI / NII 145.11x and Retail 85.50x.
Day-by-day IPO GMP data for Acme India Industries is listed in the table above.