Exchanges
BSE, NSE
Issue
Book building

Acropetal Technologies IPO

₹98.45

+9.39% on listing

Listing-day close · NSE · 10 Mar 2011 · issue price ₹90

Acropetal Technologies’ ₹170 crore IPO was priced at ₹90 a share. It listed on the NSE on 10 Mar 2011 and closed its first day at ₹98.45, up 9.39% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Listing

Issue details

Issue size
₹170 Cr
Fresh issue
₹170 Cr
Offer for sale
—
Lot size
60 shares
Minimum investment
₹5,400
Face value
₹10
Registrar
Sharex Dynamic (India)

Subscription

Acropetal Technologies IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—1.19×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹350 Cr
Promoter holding
85.72% → 44.09%

From the offer documents.

Listing

Listing date
10 Mar 2011
Issue price
₹90
Open
₹92.00
High
₹140.00
Low
₹87.40
Close
₹98.45

Listing day on the NSE. The close was +9.39% on the issue price.

FAQs

When did the Acropetal Technologies IPO open and close?

It opened on 21 Feb 2011 and closed on 24 Feb 2011.

What was the Acropetal Technologies IPO price?

The price band was ₹88–90 a share. The final issue price was ₹90.

What is the lot size and minimum investment?

One lot is 60 shares, ₹5,400 at ₹90 a share. Retail investors apply in whole lots.

How much did Acropetal Technologies raise?

₹170 crore: ₹170 crore of new shares.

How many times was the Acropetal Technologies IPO subscribed?

1.19 times overall.

How did Acropetal Technologies list?

It listed on the NSE on 10 Mar 2011 at ₹92.00 and closed the day at ₹98.45, up 9.39% on the ₹90 issue price.

Who is the registrar of the Acropetal Technologies IPO?

Sharex Dynamic (India) handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

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