Shri Ram Switchgears IPO — Listing Performance
Shri Ram Switchgears IPO facts & figures
| Issue category | SME |
|---|---|
| Issue open date | 25 May 2017 |
| Listing date | 7 Jun 2017 |
| Issue price | ₹19 |
| Listing-day close | ₹22.80 (20%) |
| Identifiers | NSE: SRIRAM |
How the listing went
Shri Ram Switchgears had a strong market debut, ending listing day 20% over the issue price.
Shri Ram Switchgears against every other debut on record
- Rank in 2017: 16 of 63 NSE debuts, on a 20% first-day close.
- 100th percentile of 28 SME debuts in 2017 (median 6.63%).
- 2nd of 5 debuts in June 2017.
- Opened 20% above issue, then added 0 points to the close.
- Day-one range ₹22.80 to ₹22.80: a 0% swing on the issue price.
- Listed 8 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