ListedSMESteel & Iron ProductsNMSTEEL

Newmalayalam Steel IPO

Newmalayalam Steel IPO is an SME IPO raising ₹41 Cr at ₹85 – ₹90 a share. It listed on 27 Dec 2024 at ₹90, 0.0% against its issue price of ₹90, and trades at ₹24 today (−73.8% since issue). It was subscribed 39× in total.

90
Issue price
24
Price now
−73.8%
Since issue price
27 Dec 2024
Listed on
39×Subscribed (final) · all exchanges

38.7 times more demand than shares on offer

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

We hold no bidding data for this issue

We could not retrieve a category split for this issue. It may have listed only on BSE — our category data comes from NSE, which is blind to BSE-only issues — or the exchange may no longer serve its bidding archive.

Category split (QIB / non-institutional / retail)not held
Price-point demand curvenot held
Total subscription figureheld