Garden Reach Shipbuilders & Engineers IPO — Listing Performance
Garden Reach Shipbuilders & Engineers IPO facts & figures
| Issue category | Mainboard |
|---|---|
| Issue open date | 24 Sep 2018 |
| Listing date | 10 Oct 2018 |
| Issue price | ₹118 |
| Listing-day close | ₹103.30 (-12.46%) |
| Recent market price | ₹2,427.50 (1957.2% vs issue) |
| Identifiers | NSE: GRSE · ISIN: INE382Z01011 |
How the listing went
Garden Reach Shipbuilders & Engineers listed at a discount, closing its first day 12.46% below the issue price.
Garden Reach Shipbuilders & Engineers against every other debut on record
- Rank in 2018: 50 of 52 NSE debuts, on a -12.46% first-day close.
- 10th percentile of 21 mainboard debuts in 2018 (median 0.06%).
- Opened 13.14% below issue, then added 0.68 points to the close.
- Day-one range ₹95 to ₹109: a 11.86% swing on the issue price.
- Last close ₹2,427.50 (11 Sep 2026): 1957.2% above issue, against -12.46% on day one.
- Priced at the top of the ₹114 to ₹118 band.
- Listed 9 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