De Neers Tools IPO — Listing Performance

De Neers Tools IPO facts & figures

Issue categorySME
Issue open date28 Apr 2023
Listing date11 May 2023
Issue price₹101
Listing-day close₹180.50 (78.71%)
Recent market price₹168 (66.34% vs issue)
52-week range₹137.20 – ₹297
IdentifiersNSE: DENEERS · ISIN: INE0JWV01011

How the listing went

De Neers Tools delivered a blockbuster debut, closing its first session 78.71% above the issue price.

De Neers Tools against every other debut on record

  • Rank in 2023: 24 of 172 NSE debuts, on a 78.71% first-day close.
  • 84th percentile of 116 SME debuts in 2023 (median 20.72%).
  • 2nd of 6 debuts in May 2023.
  • Opened 88.12% above issue, then gave up 9.41 points to the close.
  • Day-one range ₹180.50 to ₹190: a 9.41% swing on the issue price.
  • Last close ₹168 (11 Sep 2026): 66.34% above issue, against 78.71% on day one.
  • 19% up its 52-week range of ₹137.20 to ₹297.
  • Priced at the top of the ₹95 to ₹101 band.
  • Listed 8 calendar days after close.
  • All 601 SME debuts on record: median 14.22%, 79% closed above issue.

Computed over 1109 verified NSE debuts to 11 Sep 2026 · sources

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