Gandhar Oil Refinery (India) IPO — Listing Performance
Gandhar Oil Refinery (India) IPO facts & figures
| Issue category | Mainboard |
|---|---|
| Issue open date | 22 Nov 2023 |
| Listing date | 30 Nov 2023 |
| Issue price | ₹169 |
| Listing-day close | ₹301.40 (78.34%) |
| Recent market price | ₹272.70 (61.36% vs issue) |
| 52-week range | ₹116.79 – ₹282.46 |
| Identifiers | NSE: GANDHAR · ISIN: INE717W01049 |
How the listing went
Gandhar Oil Refinery (India) delivered a blockbuster debut, closing its first session 78.34% above the issue price.
Gandhar Oil Refinery (India) against every other debut on record
- Rank in 2023: 25 of 172 NSE debuts, on a 78.34% first-day close.
- 91st percentile of 56 mainboard debuts in 2023 (median 21.06%).
- 5th of 17 debuts in November 2023.
- Opened 76.33% above issue, then added 2.01 points to the close.
- Day-one range ₹295.30 to ₹344.05: a 28.85% swing on the issue price.
- Last close ₹272.70 (11 Sep 2026): 61.36% above issue, against 78.34% on day one.
- 94% up its 52-week range of ₹116.79 to ₹282.46.
- Priced at the top of the ₹160 to ₹169 band.
- Listed 6 calendar days after close.
- All 508 mainboard debuts on record: median 12.01%, 72% closed above issue.
Computed over 1109 verified NSE debuts to 11 Sep 2026 · sources