S Chand and Co, which listed its shares on the exchanges today witnessed a dry listing with the stock listing at 5 percent premium over the issue price

The stock opened at Rs. 707 on BSE but quickly slipped down thereafter. The stock was trading at Rs. 670 on BSE at 10.35 AM

Stay tuned to Indian IPO Blog for more updates on S Chand and Co IPO

S Chand and Company IPO which recently concluded, is all set to commence the trading of equity shares on the exchanges from May 9, 2017

The IPO was subscribed 60 times with the retail portion bid 6.11 times

S Chand & Company IPO Listing Date, Listing Price, NSE Code, ISIN Number & Other Details are given below:

BSE Code: 540497
NSE Code: SCHAND
Group: B

ISIN: INE807K01035

Offer Price: Rs. 670
Face Value: Rs.5
Listing Date: 09-May-2017, Tuesday

S Chand IPO Allotment status has been announced. Investors may check their bank accounts for release of funds (Refund) or debit entries (Allotment) to check the status of their applications

The allotment status is likely to be declared on website shortly. Check back Indian IPO Blog for the latest updates on the IPO

QIB: 44.26x
HNI: 204.65x
Retail: 5.54x
Overall: 59.22 times