MCON Rasayan India IPO — Listing Performance
MCON Rasayan India IPO facts & figures
| Issue category | SME |
|---|---|
| Issue open date | 6 Mar 2023 |
| Listing date | 20 Mar 2023 |
| Issue price | ₹40 |
| Listing-day close | ₹50.40 (26%) |
| Recent market price | ₹41.20 (3% vs issue) |
| 52-week range | ₹37.80 – ₹170 |
| Identifiers | NSE: MCON · ISIN: INE0O4M01019 |
How the listing went
MCON Rasayan India had a strong market debut, ending listing day 26% over the issue price.
MCON Rasayan India against every other debut on record
- Rank in 2023: 76 of 172 NSE debuts, on a 26% first-day close.
- 56th percentile of 116 SME debuts in 2023 (median 20.72%).
- 2nd of 10 debuts in March 2023.
- Opened 20% above issue, then added 6 points to the close.
- Day-one range ₹48 to ₹50.40: a 6% swing on the issue price.
- Last close ₹41.20 (11 Sep 2026): 3% above issue, against 26% on day one.
- 3% up its 52-week range of ₹37.80 to ₹170.
- Listed 10 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