Emcure Pharmaceuticals IPO
Pharmaceuticals - Listed on 10 July 2024
Emcure Pharmaceuticals IPO listing summary
Emcure Pharmaceuticals (Pharmaceuticals) closed its IPO window in 2024 and listed on NSE and BSE on 10 July 2024 at an upper band issue price of Rs 1008, opening at Rs 1325.05 for a listing gain of +31.5% and closing day one at Rs 1359.15 (+34.8% on closing basis). The IPO was subscribed 67.84x overall - QIB 195.83x, HNI/NII 48.28x, Retail 7.17x. The total issue size was Rs 1,952.03 Cr (Fresh Issue Rs 1152.03 Cr, OFS Rs 800 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.
Emcure Pharmaceuticals 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 260 | +35.71% |
| Day 2 | Rs 275 | +36.21% |
| Day 3 | Rs 282 | +35.22% |
| Day 4 | Rs 310 | +31.75% |
| Day 5 | Rs 320 | +30.75% |
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 Emcure Pharmaceuticals IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Emcure Pharmaceuticals IPO - FAQs
What was the listing gain of Emcure Pharmaceuticals IPO?
Emcure Pharmaceuticals IPO listed at +31.5% versus the upper issue price of Rs 1,008 on 10 July 2024.
How many times was Emcure Pharmaceuticals IPO subscribed?
Emcure Pharmaceuticals IPO was subscribed 67.84x overall. QIB portion was subscribed 195.83x, HNI / NII 48.28x and Retail 7.17x.
What was the IPO GMP for Emcure Pharmaceuticals?
IPO GMP started at Rs 260 on Day 1 and moved to Rs 320 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.