Mahickra Chemicals IPO — Listing Performance
Mahickra Chemicals IPO facts & figures
| Issue category | SME |
|---|---|
| Issue open date | 16 Apr 2018 |
| Listing date | 26 Apr 2018 |
| Issue price | ₹24 |
| Listing-day close | ₹36.75 (53.13%) |
| Recent market price | ₹305.95 (1174.79% vs issue) |
| 52-week range | ₹75.25 – ₹300 |
| Identifiers | NSE: MAHICKRA · ISIN: INE961Y01015 |
How the listing went
Mahickra Chemicals delivered a blockbuster debut, closing its first session 53.13% above the issue price.
Mahickra Chemicals against every other debut on record
- Rank in 2018: 3 of 52 NSE debuts, on a 53.13% first-day close.
- 100th percentile of 31 SME debuts in 2018 (median 2.38%).
- 1st of 11 debuts in April 2018.
- Opened 45.83% above issue, then added 7.3 points to the close.
- Day-one range ₹35 to ₹36.75: a 7.29% swing on the issue price.
- Last close ₹305.95 (11 Sep 2026): 1174.79% above issue, against 53.13% on day one.
- 1% up its 52-week range of ₹75.25 to ₹300.
- Priced at the bottom of the ₹24 to ₹25 band.
- 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