Multibagger Stock: In the year 2021, it was not just stocks that gave great returns to their shareholders. In fact, some initial public offerings (IPOs) also gave good returns to their investors. EKI Energy Services IPO is a public offering which got listed on BSE SME exchange in April 2021. What day was the public issue open? 140 level, about 37 percent above its issue price from 100 102 per share. EKI Energy share price today 7,625.20 each, which is about 7375 percent higher than its upper price band 102 per equity share.
Multibagger IPO: EKI Energy Share Price History
In the past one month, this multibagger stock has been in the heat of sell-off and dropped nearly 16 per cent in this period. In the last 6 months, this stock of BSE SME has jumped from 1900 Entering close to the 7625 level, a 300 percent increase in this time horizon. In year-over-year (YTD) time, this multibagger share price has decreased by about 26 percent, but has risen over the past 11 months since its inception. 140 (its listing price) to 7625 levels, an increase of about 4450 percent since its listing.
However, if we compare its issue price with its current share price, then Multibagger IPO was offered from 100 102 per share. It means, it has increased from from 102 7625 level, provides around 7375 percent return to its IPO allottees.
1.22 turns into lakhs 91 lakhs
EKI Energy Services Limited IPO was offered at from 100 102 per equity share and an applicant had to apply in one lot where a lot consisted of 1200 company shares. So, an investor had to invest 1,22,400 to apply in this public issue. If any allottee remains invested in this Multibagger IPO during the period after listing, its would have changed to 1,22,400 91.50 lakh [( ₹7625.20/102) x ₹1,22,400] Today.
The current market capitalization of EKI Energy Services shares is 5,241 crore. Its trade volume is 24,150, which is more than 20 times its 20 day average volume.
The IPO of EKI Energy Services was open for subscription in March 2021 and was listed on BSE SME Exchange on 7 April 2021. Shares of EKI Energy were open on the date of listing. 140 per on and off 147 each level.
Never miss a story! Stay connected and informed with Mint.
download
Our App Now!!
,