Nidan Laboratories and Healthcare IPO — Listing Performance

Nidan Laboratories and Healthcare IPO facts & figures

Issue categorySME
Issue open date28 Oct 2021
Listing date12 Nov 2021
Issue price₹125
Listing-day close₹117.75 (-5.8%)
Recent market price₹13.50 (-89.2% vs issue)
52-week range₹12.50 – ₹38.05
IdentifiersNSE: NIDAN · ISIN: INE0J6L01013

How the listing went

Nidan Laboratories and Healthcare listed at a discount, closing its first day 5.8% below the issue price.

Nidan Laboratories and Healthcare against every other debut on record

  • Rank in 2021: 68 of 77 NSE debuts, on a -5.8% first-day close.
  • 7th percentile of 16 SME debuts in 2021 (median 0.45%).
  • 9th of 11 debuts in November 2021.
  • Opened 0.88% below issue, then gave up 4.92 points to the close.
  • Day-one range ₹117.75 to ₹123.90: a 4.92% swing on the issue price.
  • Last close ₹13.50 (11 Sep 2026): 89.2% below issue, against -5.8% on day one.
  • 4% up its 52-week range of ₹12.50 to ₹38.05.
  • 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

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