Rappid Valves (India) IPO — Listing Performance
Rappid Valves (India) IPO facts & figures
| Issue category | SME |
|---|---|
| Issue open date | 23 Sep 2024 |
| Listing date | 30 Sep 2024 |
| Issue price | ₹222 |
| Listing-day close | ₹309.35 (39.35%) |
| Recent market price | ₹321 (44.59% vs issue) |
| 52-week range | ₹213.35 – ₹372.85 |
| Identifiers | NSE: RAPPID · ISIN: INE0MVO01012 |
How the listing went
Rappid Valves (India) had a strong market debut, ending listing day 39.35% over the issue price.
Rappid Valves (India) against every other debut on record
- Rank in 2024: 117 of 262 NSE debuts, on a 39.35% first-day close.
- 49th percentile of 176 SME debuts in 2024 (median 41.27%).
- 14th of 39 debuts in September 2024.
- Opened 40.54% above issue, then gave up 1.19 points to the close.
- Day-one range ₹302 to ₹327.60: a 11.53% swing on the issue price.
- Last close ₹321 (11 Sep 2026): 44.59% above issue, against 39.35% on day one.
- 67% up its 52-week range of ₹213.35 to ₹372.85.
- Priced at the top of the ₹210 to ₹222 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