Gajanand International IPO — Listing Performance
Gajanand International IPO facts & figures
| Issue category | SME |
|---|---|
| Issue open date | 9 Sep 2024 |
| Listing date | 16 Sep 2024 |
| Issue price | ₹36 |
| Listing-day close | ₹39.90 (10.83%) |
| Recent market price | ₹8.25 (-77.08% vs issue) |
| 52-week range | ₹6.35 – ₹13.05 |
| Identifiers | NSE: GAJANAND · ISIN: INE0QTE01018 |
How the listing went
Gajanand International saw a healthy listing pop, closing day one 10.83% above the issue price.
Gajanand International against every other debut on record
- Rank in 2024: 189 of 262 NSE debuts, on a 10.83% first-day close.
- 25th percentile of 176 SME debuts in 2024 (median 41.27%).
- 26th of 39 debuts in September 2024.
- Opened 16.67% above issue, then gave up 5.84 points to the close.
- Day-one range ₹39.90 to ₹43: a 8.61% swing on the issue price.
- Last close ₹8.25 (11 Sep 2026): 77.08% below issue, against 10.83% on day one.
- 28% up its 52-week range of ₹6.35 to ₹13.05.
- Listed 5 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