Refractory Shapes IPO — Listing Performance
Refractory Shapes IPO facts & figures
| Issue category | SME |
|---|---|
| Issue open date | 6 May 2024 |
| Listing date | 14 May 2024 |
| Issue price | ₹31 |
| Listing-day close | ₹78.75 (154.03%) |
| Recent market price | ₹26.15 (-15.65% vs issue) |
| 52-week range | ₹24.10 – ₹60 |
| Identifiers | NSE: REFRACTORY · ISIN: INE0TNX01015 |
How the listing went
Refractory Shapes delivered a blockbuster debut, closing its first session 154.03% above the issue price.
Refractory Shapes against every other debut on record
- Rank in 2024: 22 of 262 NSE debuts, on a 154.03% first-day close.
- 90th percentile of 176 SME debuts in 2024 (median 41.27%).
- 5th of 19 debuts in May 2024.
- Opened 141.94% above issue, then added 12.09 points to the close.
- Day-one range ₹75 to ₹78.75: a 12.1% swing on the issue price.
- Last close ₹26.15 (11 Sep 2026): 15.65% below issue, against 154.03% on day one.
- 6% up its 52-week range of ₹24.10 to ₹60.
- Priced at the top of the ₹27 to ₹31 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