Karda Constructions IPO — Listing Performance
Karda Constructions IPO facts & figures
| Issue category | Mainboard |
|---|---|
| Issue open date | 16 Mar 2018 |
| Listing date | 2 Apr 2018 |
| Issue price | ₹180 |
| Listing-day close | ₹142.80 (-20.67%) |
| Identifiers | NSE: KARDA |
How the listing went
Karda Constructions listed at a discount, closing its first day 20.67% below the issue price.
Karda Constructions against every other debut on record
- Rank in 2018: 52 of 52 NSE debuts, on a -20.67% first-day close.
- 0th percentile of 21 mainboard debuts in 2018 (median 0.06%).
- 11th of 11 debuts in April 2018.
- Opened 24.44% below issue, then added 3.77 points to the close.
- Day-one range ₹129.20 to ₹142.80: a 7.56% swing on the issue price.
- Priced at the top of the ₹175 to ₹180 band.
- Listed 12 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