GSM Foils IPO — Listing Performance

GSM Foils IPO facts & figures

Issue categorySME
Issue open date24 May 2024
Listing date31 May 2024
Issue price₹32
Listing-day close₹33.60 (5%)
Recent market price₹86.10 (169.06% vs issue)
52-week range₹83.85 – ₹282.45
IdentifiersNSE: GSMFOILS · ISIN: INE0SQY01018

How the listing went

GSM Foils saw a healthy listing pop, closing day one 5% above the issue price.

GSM Foils against every other debut on record

  • Rank in 2024: 206 of 262 NSE debuts, on a 5% first-day close.
  • 19th percentile of 176 SME debuts in 2024 (median 41.27%).
  • 17th of 19 debuts in May 2024.
  • Opened 0% above issue, then added 5 points to the close.
  • Day-one range ₹30.50 to ₹33.60: a 9.69% swing on the issue price.
  • Last close ₹86.10 (11 Sep 2026): 169.06% above issue, against 5% on day one.
  • 1% up its 52-week range of ₹83.85 to ₹282.45.
  • Listed 3 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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