Exchanges
BSE, NSE
Industry
Residential, Commercial Projects
Issue
Book building

Akruti Nirman IPO

₹563.45

+4.34% on listing

Listing-day close · NSE · 7 Feb 2007 · issue price ₹540

Akruti Nirman’s ₹362 crore IPO was priced at ₹540 a share. It listed on the NSE on 7 Feb 2007 and closed its first day at ₹563.45, up 4.34% on the issue price.

Timeline

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

Issue details

Issue size
₹362 Cr
Fresh issue
₹362 Cr
Offer for sale
—
Lot size
12 shares
Minimum investment
₹6,480
Face value
₹10
Registrar
MUFG Intime India

Subscription

Akruti Nirman IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—80.92×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹3,602 Cr
Promoter holding
100.00% → 89.96%

From the offer documents.

Listing

Listing date
7 Feb 2007
Issue price
₹540
Open
₹724.45
High
₹730.00
Low
₹551.25
Close
₹563.45

Listing day on the NSE. The close was +4.34% on the issue price.

ACKRUTI share price today

FAQs

When did the Akruti Nirman IPO open and close?

It opened on 15 Jan 2007 and closed on 19 Jan 2007.

What was the Akruti Nirman IPO price?

The price band was ₹475–540 a share. The final issue price was ₹540.

What is the lot size and minimum investment?

One lot is 12 shares, ₹6,480 at ₹540 a share. Retail investors apply in whole lots.

How much did Akruti Nirman raise?

₹362 crore: ₹362 crore of new shares.

How many times was the Akruti Nirman IPO subscribed?

80.92 times overall.

How did Akruti Nirman list?

It listed on the NSE on 7 Feb 2007 at ₹724.45 and closed the day at ₹563.45, up 4.34% on the ₹540 issue price.

Who is the registrar of the Akruti Nirman 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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