Gayatri Rubbers and Chemicals IPO — Listing Performance
Gayatri Rubbers and Chemicals IPO facts & figures
| Issue category | SME |
|---|---|
| Issue open date | 25 Jan 2023 |
| Listing date | 7 Feb 2023 |
| Issue price | ₹30 |
| Listing-day close | ₹36.75 (22.5%) |
| Recent market price | ₹577.50 (1825% vs issue) |
| 52-week range | ₹70.40 – ₹629.20 |
| Identifiers | NSE: GRCL · ISIN: INE0LVM01018 |
How the listing went
Gayatri Rubbers and Chemicals had a strong market debut, ending listing day 22.5% over the issue price.
Gayatri Rubbers and Chemicals against every other debut on record
- Rank in 2023: 81 of 172 NSE debuts, on a 22.5% first-day close.
- 51st percentile of 116 SME debuts in 2023 (median 20.72%).
- Opened 16.67% above issue, then added 5.83 points to the close.
- Day-one range ₹35 to ₹36.75: a 5.83% swing on the issue price.
- Last close ₹577.50 (11 Sep 2026): 1825% above issue, against 22.5% on day one.
- 91% up its 52-week range of ₹70.40 to ₹629.20.
- 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