Ramdevbaba Solvent IPO — Listing Performance
Ramdevbaba Solvent IPO facts & figures
| Issue category | SME |
|---|---|
| Issue open date | 15 Apr 2024 |
| Listing date | 23 Apr 2024 |
| Issue price | ₹85 |
| Listing-day close | ₹117.60 (38.35%) |
| Recent market price | ₹87 (2.35% vs issue) |
| 52-week range | ₹60.90 – ₹129 |
| Identifiers | NSE: RBS · ISIN: INE0RJH01010 |
How the listing went
Ramdevbaba Solvent had a strong market debut, ending listing day 38.35% over the issue price.
Ramdevbaba Solvent against every other debut on record
- Rank in 2024: 120 of 262 NSE debuts, on a 38.35% first-day close.
- 48th percentile of 176 SME debuts in 2024 (median 41.27%).
- 8th of 18 debuts in April 2024.
- Opened 31.76% above issue, then added 6.59 points to the close.
- Day-one range ₹111 to ₹117.60: a 7.76% swing on the issue price.
- Last close ₹87 (11 Sep 2026): 2.35% above issue, against 38.35% on day one.
- 38% up its 52-week range of ₹60.90 to ₹129.
- Priced at the top of the ₹80 to ₹85 band.
- Listed 5 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