ListedSMEBONDADA

Bondada Engineering

Bondada Engineering is an SME IPO raising ₹43 Cr at a fixed price of ₹75 a share. It listed on 30 Aug 2023 and trades at ₹273 today, +1721.7% against its issue price of ₹75, after adjusting for bonus issues or splits: one share allotted at the IPO is now 5 shares. The exchanges never published a subscription figure for it.

Get alerts on this company Company page

₹75

Issue price

₹273

Price now

+1721.7%

Since issue price

30 Aug 2023

Listed on

Not publishedSubscription

The exchanges never published a subscription figure for this issue.

populated partly populated we hold nothing here — the tab says why

Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Issue price (fixed)₹75

Cut-off price₹75

Issue size₹43 Cr

Shares per lot1600

Minimum application₹1,20,000

Minimum quantity1600

Face value₹10

Listing exchanges—

ISININE0Q8P01011

Bidding hours10:00 – 17:00 IST

Bidding window18 Aug 2023 – 22 Aug 2023

SME

What being an SME issue means here. SME issues list on NSE Emerge or BSE SME. They disclose less than mainboard issues, trade far more thinly, and — by regulation — the minimum application is a full lot worth roughly ₹1–1.5 lakh rather than about ₹15,000. That is why the minimum above is so much larger than for a mainboard issue.

Not here yet

Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.