Swastik Pipe IPO — Listing Performance
Swastik Pipe IPO facts & figures
| Issue category | SME |
|---|---|
| Issue open date | 29 Sep 2022 |
| Listing date | 12 Oct 2022 |
| Issue price | ₹100 |
| Listing-day close | ₹69.30 (-30.7%) |
| Recent market price | ₹17.50 (-82.5% vs issue) |
| 52-week range | ₹13 – ₹93.80 |
| Identifiers | NSE: SWASTIK · ISIN: INE0DGC01025 |
How the listing went
Swastik Pipe listed at a discount, closing its first day 30.7% below the issue price.
Swastik Pipe against every other debut on record
- Rank in 2022: 77 of 77 NSE debuts, on a -30.7% first-day close.
- 0th percentile of 40 SME debuts in 2022 (median 25.22%).
- 7th of 7 debuts in October 2022.
- Opened 34% below issue, then added 3.3 points to the close.
- Day-one range ₹66 to ₹69.30: a 3.3% swing on the issue price.
- Last close ₹17.50 (10 Sep 2026): 82.5% below issue, against -30.7% on day one.
- 6% up its 52-week range of ₹13 to ₹93.80.
- Priced at the top of the ₹97 to ₹100 band.
- Listed 9 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