Pre-IPO price vs IPO price: what unlisted buyers got
For each company we tracked in the unlisted market before it listed, this compares the last off-market quote before dealers re-priced to the IPO's price band with the IPO price, the listing-day open and the latest exchange price. A pre-IPO buyer also carries a six-month lock-in from the IPO allotment date, so the listing-day figure is a marker, not a price they could sell at.
| Company | Listed | Pre-IPO price | IPO price | Pre-IPO vs IPO | Listing open | Pre-IPO → listing | Latest | Pre-IPO → latest | IPO → latest |
|---|---|---|---|---|---|---|---|---|---|
| NSE | 24 Sep 2026 | ₹1,985 10 Sep 2026 |
₹1,785 | +11.2% | ₹1,800 | -9.3% | ₹1,669 | -15.9% | -6.5% |
| ESDS | 4 Sep 2026 | ₹538 24 Aug 2026 |
₹429 | +25.4% | ₹757 | +40.7% | ₹1,232 | +128.9% | +187.1% |
"Pre-IPO vs IPO" is how far the last unlisted quote sat above (+) or below (−) the IPO price. Unlisted prices are indicative dealer quotes; exchange prices are the latest we have. Past figures say nothing certain about future IPOs. This is information, not investment advice.