Carraro India IPO
Auto Gears/Agricultural - Listed on 30 December 2024
Carraro India IPO listing summary
Carraro India (Auto Gears/Agricultural) closed its IPO window in 2024 and listed on NSE and BSE on 30 December 2024 at an upper band issue price of Rs 704, opening at Rs 651 for a listing gain of -7.5% and closing day one at Rs 636.2 (-9.6% on closing basis). The IPO was subscribed 1.12x overall - QIB 2.21x, HNI/NII 0.60x, Retail 0.71x. The total issue size was Rs 1,250 Cr (Fresh Issue Rs 1250 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.
Carraro India 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 0 | -4.26% |
| Day 2 | Rs 0 | -4.97% |
| Day 3 | Rs 0 | -5.68% |
| Day 4 | Rs 0 | -6.39% |
| Day 5 | Rs 0 | -7.10% |
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 Carraro India IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Carraro India IPO - FAQs
What was the listing gain of Carraro India IPO?
Carraro India IPO listed at -7.5% versus the upper issue price of Rs 704 on 30 December 2024.
How many times was Carraro India IPO subscribed?
Carraro India IPO was subscribed 1.12x overall. QIB portion was subscribed 2.21x, HNI / NII 0.60x and Retail 0.71x.
What was the IPO GMP for Carraro India?
IPO GMP started at Rs 0 on Day 1 and moved to Rs 0 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.