Innovative Tyres and Tubes IPO — Listing Performance
Innovative Tyres and Tubes IPO facts & figures
| Issue category | SME |
|---|---|
| Issue open date | 22 Sep 2017 |
| Listing date | 5 Oct 2017 |
| Issue price | ₹45 |
| Listing-day close | ₹47.15 (4.78%) |
| Identifiers | NSE: INNOVATIVE |
How the listing went
Innovative Tyres and Tubes had a flat debut, closing within 4.78% of its issue price.
Innovative Tyres and Tubes against every other debut on record
- Rank in 2017: 34 of 63 NSE debuts, on a 4.78% first-day close.
- 41st percentile of 28 SME debuts in 2017 (median 6.63%).
- 11th of 16 debuts in October 2017.
- Opened 20% above issue, then gave up 15.22 points to the close.
- Day-one range ₹46.20 to ₹54: a 17.33% swing on the issue price.
- Priced at the top of the ₹42 to ₹45 band.
- Listed 9 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