ListedSMESteel & Iron ProductsNMSTEEL
Newmalayalam Steel IPO
Newmalayalam Steel IPO is a sme IPO raising ₹41 Cr at ₹85 – ₹90 a share. It listed on 27 Dec 2024 and trades at ₹25 today, −72.8% against its issue price of ₹90. It was subscribed 0.00× in total.
₹90
Issue price
₹25
Price now
−72.8%
Since issue price
27 Dec 2024
Listed on
0.00×Subscribed (final) · all exchanges
No bids yet
populated partly populated we hold nothing here — the tab says why
Who bid for it
| Investor category | Shares offered | Shares bid for | Subscribed |
|---|---|---|---|
| QIB Banks, funds and other large institutions | 0 | 5,58,400 | 0.00× |
| Foreign Institutional Investors | no separate quota | 5,18,400 | n/a |
| Domestic Financial Institutions | no separate quota | 0 | n/a |
| Mutual funds | no separate quota | 0 | n/a |
| Others | no separate quota | 40,000 | n/a |
| Non-institutional Wealthy individuals and companies bidding above ₹2 lakh | 0 | 4,90,14,400 | 0.00× |
| Corporates | no separate quota | 10,80,000 | n/a |
| Individuals | no separate quota | 4,76,38,400 | n/a |
| others | no separate quota | 2,96,000 | n/a |
| Retail Ordinary investors bidding up to ₹2 lakh | 0 | 17,40,12,800 | 0.00× |
| Cut Off | no separate quota | 11,67,48,800 | n/a |
| Price bids | no separate quota | 5,72,64,000 | n/a |
| Total | 0 | 22,35,85,600 | 0.00× |
Sub-categories read no separate quota rather than a dash: the exchange publishes bids at that level but never a reservation against them, so a subscription multiple does not exist — it is not missing data. Bids across both exchanges (NSE and BSE) — the figure usually quoted publicly. Last updated 25 Jul, 06:34 pm IST.
How demand built
Only one reading so far. We sample subscription every hour and store it whenever it moves, so this becomes a curve as bidding runs.