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Accel Frontline IPO
₹70.50
−6.00% on listing
Listing-day close · NSE · 30 Oct 2006 · issue price ₹75
Accel Frontline’s ₹42.27 crore IPO was priced at ₹75 a share. It listed on the NSE on 30 Oct 2006 and closed its first day at ₹70.50, down 6.00% on the issue price.
Timeline
- Opens
- Closes
- Listing
Issue details
- Issue size
- ₹42.27 Cr
- Fresh issue
- ₹38.82 Cr
- Offer for sale
- ₹3.45 Cr
- Lot size
- 70 shares
- Minimum investment
- ₹5,250
- Face value
- ₹10
- Registrar
- MUFG Intime India
Subscription
| Category | Shares offered | Times subscribed |
|---|---|---|
| Total | — | 2.19× |
Overall, from the basis of allotment.
Financials and valuation
- Promoter holding
- 93.43% → 71.95%
Financials as of 31 Mar 2006, from the offer documents.
Listing
- Listing date
- 30 Oct 2006
- Issue price
- ₹75
- Open
- ₹77.00
- High
- ₹80.00
- Low
- ₹69.30
- Close
- ₹70.50
Listing day on the NSE. The close was −6.00% on the issue price.
AFL share price todayFAQs
When did the Accel Frontline IPO open and close?
It opened on 28 Sep 2006 and closed on 5 Oct 2006.
What was the Accel Frontline IPO price?
The price band was ₹75–90 a share. The final issue price was ₹75.
What is the lot size and minimum investment?
One lot is 70 shares, ₹5,250 at ₹75 a share. Retail investors apply in whole lots.
How much did Accel Frontline raise?
₹42.27 crore: ₹38.82 crore of new shares and ₹3.45 crore offered by existing shareholders.
How many times was the Accel Frontline IPO subscribed?
2.19 times overall.
How did Accel Frontline list?
It listed on the NSE on 30 Oct 2006 at ₹77.00 and closed the day at ₹70.50, down 6.00% on the ₹75 issue price.
Who is the registrar of the Accel Frontline IPO?
MUFG Intime India handles the allotment, refunds and credit of shares.
For information only. Not investment advice or a research report.
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