Surani Steel Tubes IPO — Listing Performance
Surani Steel Tubes IPO facts & figures
| Issue category | SME |
|---|---|
| Issue open date | 25 Jan 2019 |
| Listing date | 6 Feb 2019 |
| Issue price | ₹52 |
| Listing-day close | ₹53.25 (2.4%) |
| Recent market price | ₹91 (75% vs issue) |
| Identifiers | NSE: SURANI · ISIN: INE01ZJ01015 |
How the listing went
Surani Steel Tubes had a flat debut, closing within 2.4% of its issue price.
Surani Steel Tubes against every other debut on record
- Rank in 2019: 11 of 21 NSE debuts, on a 2.4% first-day close.
- Opened 2.12% above issue, then added 0.28 points to the close.
- Day-one range ₹50.45 to ₹53.50: a 5.87% swing on the issue price.
- Last close ₹91 (11 Sep 2026): 75% above issue, against 2.4% on day one.
- Priced at the top of the ₹51 to ₹52 band.
- 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