Exchanges
BSE, NSE
Industry
Sponge Iron
Issue
Book building

Adhunik Metaliks IPO

₹41.95

+13.38% on listing

Listing-day close · 5 Apr 2006 · issue price ₹37

Adhunik Metaliks’ ₹100 crore IPO was priced at ₹37 a share. It listed on 5 Apr 2006 and closed its first day at ₹41.95, up 13.38% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Listing

Issue details

Issue size
₹100 Cr
Fresh issue
₹100 Cr
Offer for sale
—
Lot size
150 shares
Minimum investment
₹5,550
Face value
₹10
Registrar
Kfin Technologies

Subscription

Adhunik Metaliks IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—3.39×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹338 Cr
Promoter holding
90.96% → 64.01%

Financials as of 31 Mar 2005, from the offer documents.

Listing

Listing date
5 Apr 2006
Issue price
₹37
Open
—
High
—
Low
—
Close
₹41.95

Listing day. The close was +13.38% on the issue price.

FAQs

When did the Adhunik Metaliks IPO open and close?

It opened on 13 Mar 2006 and closed on 17 Mar 2006.

What was the Adhunik Metaliks IPO price?

The price band was ₹37–42 a share. The final issue price was ₹37.

What is the lot size and minimum investment?

One lot is 150 shares, ₹5,550 at ₹37 a share. Retail investors apply in whole lots.

How much did Adhunik Metaliks raise?

₹100 crore: ₹100 crore of new shares.

How many times was the Adhunik Metaliks IPO subscribed?

3.39 times overall.

How did Adhunik Metaliks list?

It listed on 5 Apr 2006 and closed the day at ₹41.95, up 13.38% on the ₹37 issue price.

Who is the registrar of the Adhunik Metaliks IPO?

Kfin Technologies handles the allotment, refunds and credit of shares.

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

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