| Name | Date of Listing | Issue Price | Closing Price | Closing Price | % Gain Loss | % Change Over |
| 260221 | 120221 | Over Week | lssue Price | |||
| Chemcon Speciality Chemicals Limited | 1st October | 340.00 | 449.15 | 449.15 | -3.36 | 27.66 |
| Angel Broking Limited | 5th October | 306.00 | 330.60 | 324.65 | 1.83 | 8.04 |
| Mazazgon Dock Shipbuilders Limited | 12th October | 145.00 | 213.05 | 218.30 | -2.40 | 46.93 |
| UTI AMC Limited | 12th October | 554.00 | 588.80 | 583.40 | 0.93 | 6.28 |
| Likhitha Infrastructure Limited | 15th October | 120.00 | 274.60 | 273.40 | 0.44 | 128.83 |
| Equitas Small Finance Bank Limited | 2nd November | 33.00 | 46.90 | 48.15 | -2.60 | 42.12 |
| Gland Pharma Limited | 20th November | 1500.00 | 2401.50 | 2414.65 | -0.54 | 60.10 |
| Burger King India Limited | 14th December | 60.00 | 141.55 | 143.20 | -1.15 | 135.92 |
| Mrs Bectors Food Specialities Limited | 24th December | 288.00 | 399.75 | 402.85 | -0.77 | 38.80 |
| Antony Waste Handling Cell Limited | 1st January | 315.00 | 298.20 | 301.90 | -1.23 | -5.33 |
| Indian Railway Finance Corporation Ltd | 29th January | 26.00 | 24.65 | 25.35 | -2.76 | -5.19 |
| Indigo Paints Limited | 2nd February | 1490.00 | 2521.70 | 2574.95 | -2.07 | 69.24 |
| Home First Finance Limited | 3rd February | 518.00 | 537.60 | 554.25 | -3.00 | 3.78 |
| Stovekraft Limited | 5th February | 385.00 | 497.55 | 458.00 | 8.64 | 29.23 |
| Brookfield REIT | 16th February | 275.00 | 247.02 | 258.96 | -4.61 | -10.17 |
| Nureca Limited | 25th February | 400.00 | 699.95 | NA | 74.99 | 74.99 |
| RailTel Corporation Limited | 26th February | 94.00 | 121.40 | NA | 29.15 | 29.15 |
Performance of Newly Listed Shares as on 26th February
March 1st, 2021
Comments Off on Performance of Newly Listed Shares as on 26th February
Heranba Industries Limited – Issue Subscribed Over 83 Times
February 26th, 2021
Comments Off on Heranba Industries Limited – Issue Subscribed Over 83 Times
Heranba Industries Limited which had tapped the capital markets with its fresh issue for Rs 60 crs and an offer for sale of 90.15 lac shares, in a price band of Rs 626-627 was oversubscribed 83.29 times. The issue was open from Tuesday the 23rd of February to Thursday the 25th of February. 
Earlier the company had completed allocation to anchor investors by allotting 29,90,520 equity shares to 15 anchor investors comprising of 18 entities. The highest allocation of 5,58,290 equity shares was made to Government Pension Fund Global. This was 18.67% of the anchor allocation. This was followed by an allotment of 3,58,869 equity shares or 12.00% of the allocation to HDFC Mutual Fund. The top two anchor allotments constituted 9.17 lac shares or 30.67% of the anchor portion.
The issue was subscribed 67.45 times by QIB’s 271.15 times by HNI’s and 11.84 times by Retail investors. Overall, the issue was subscribed 83.29 times. There were 14.55 lac applications and on the basis of lots, the retail portion was subscribed 9.59 times.
Heranba Subscription
| Bucket Size | Shares Applied for | Times Oversubscribed | |
| QIB | 1995448 | 134588157 | 67.45 |
| HNI | 1495791 | 405588923 | 271.15 |
| Retail | 3490178 | 41324583 | 11.84 |
| Total | 6981417 | 581501663 | 83.29 |
The cost of funding for the leveraged HNI would be in the region of Rs 240-248. While the subscription levels are excellent. The challenge would be to see whether the share can sustain the cost of funding when it lists. The breakeven point for the leveraged HNI would be Rs 870-880.
Nureca Limited – Gains 66% On Day One
February 26th, 2021
Comments Off on Nureca Limited – Gains 66% On Day One
Shares of Nureca Limited listed on the exchanges and had a great start. The company had tapped the markets with its fresh issue of 25 lac shares to raise Rs 100 crs in a price band of Rs 396-400. The discovered price was Rs 634.95 while it was Rs 615 on NSE. At the discovered price, 32,957 shares were traded on BSE while 1,04,590 shares were traded on NSE. The closing price was Rs 666.65, a gain of Rs 266.65 or 66.67% on BSE, while it was Rs 645.75, a gain of Rs 245.75 or 61.44% on NSE.
The company had allotted 11,13,750 equity shares to two anchor investors. The first is Next Pact Limited who was allotted 8,63,745 equity shares or 77.55% of the anchor allotment while Next Orbit Ventures Fund was allotted 2,50,005 equity shares or 22.45% of the anchor portion.
The issue saw QIB portion subscribed 3.10 times, HNI portion subscribed 31.59 times, Retail portion was subscribed 166.65 times and Employee quota was subscribed 4.82 times. Overall, issue was subscribed 39.93 times. There were 9.38 lac applications in the issue and on basis of lots, the issue was subscribed 131.36 times.
| Exchange | Open | High | Low | Close | Net Change | % Gain/ Loss | Wt.Avg | Volume | Delivery | Del %age |
| BSE | 634.95 | 666.25 | 603.25 | 666.65 | 266.65 | 66.66 | 651.73 | 99508 | 99508 | 100.00 |
| NSE | 615.00 | 645.75 | 584.25 | 645.75 | 245.75 | 61.44 | 621.81 | 209580 | 209580 | 100.00 |
| Total | 309088 | 309088 | 100.00 |
After the discovered price the share hit the lower circuit and then went on to hit the upper circuit and close there. The share is in the trade-to-trade category for ten trading sessions and is likely to see sharp volatility during this period. The circuit filter will be 5% during this period.
BSE saw the share trade at Rs 634.95 as discovered price, a low of Rs 603.25, high and close of Rs 666.65. Weighted average of the day’s trade was Rs 651.73 on BSE and Rs 621.81 on NSE. On NSE the discovered price was Rs 615, low was Rs 584.25, and high and close was Rs 645.75. The traded volume was 3.09 lac shares which was 12.36% of the IPO size of 25 lac shares and 22.30% of the non-anchor portion.
The share has done well for itself on day one. There are nine trading sessions to go and it’s a long time.
