Tirupati Forge IPO — Listing Performance
Tirupati Forge IPO facts & figures
| Issue category | SME |
|---|---|
| Issue open date | 29 Sep 2017 |
| Listing date | 12 Oct 2017 |
| Issue price | ₹29 |
| Listing-day close | ₹34.10 (17.59%) |
| Identifiers | NSE: FORGE |
How the listing went
Tirupati Forge saw a healthy listing pop, closing day one 17.59% above the issue price.
Tirupati Forge against every other debut on record
- Rank in 2017: 27 of 63 NSE debuts, on a 17.59% first-day close.
- 63rd percentile of 28 SME debuts in 2017 (median 6.63%).
- 7th of 16 debuts in October 2017.
- Opened 20% above issue, then gave up 2.41 points to the close.
- Day-one range ₹30.50 to ₹34.80: a 14.83% 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