Udayshivakumar Infra IPO
Infrastructure / Roads & Bridges - Listed on 03 April 2023
Udayshivakumar Infra IPO listing summary
Udayshivakumar Infra (Infrastructure / Roads & Bridges) closed its IPO window in 2023 and listed on NSE and BSE on 03 April 2023 at an upper band issue price of Rs 35, opening at Rs 30 for a listing gain of -14.3% and closing day one at Rs 31.5 (-10.0% on closing basis). The IPO was subscribed 30.63x overall - QIB 40.47x, HNI/NII 60.42x, Retail 14.10x. The total issue size was Rs 66 Cr (Fresh Issue Rs 66 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
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.
Udayshivakumar Infra 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 | +28.57% |
| Day 2 | Rs 10 | +28.57% |
| Day 3 | Rs 10 | +28.57% |
| Day 4 | Rs 15 | +42.86% |
| Day 5 | Rs 10 | +28.57% |
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 Udayshivakumar Infra IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Udayshivakumar Infra IPO - FAQs
What was the listing gain of Udayshivakumar Infra IPO?
Udayshivakumar Infra IPO listed at -14.3% versus the upper issue price of Rs 35 on 03 April 2023.
How many times was Udayshivakumar Infra IPO subscribed?
Udayshivakumar Infra IPO was subscribed 30.63x overall. QIB portion was subscribed 40.47x, HNI / NII 60.42x and Retail 14.10x.
What was the IPO GMP for Udayshivakumar Infra?
IPO GMP started at Rs 10 on Day 1 and moved to Rs 10 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.