Exchanges
BSE, NSE
Issue
Book building

Alkali Metals IPO

₹173.40

+68.35% on listing

Listing-day close · NSE · 6 Nov 2008 · issue price ₹103

Alkali Metals’ ₹26.27 crore IPO was priced at ₹103 a share. It listed on the NSE on 6 Nov 2008 and closed its first day at ₹173.40, up 68.35% on the issue price.

Timeline

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

Issue details

Issue size
₹26.27 Cr
Fresh issue
₹26.27 Cr
Offer for sale
—
Lot size
65 shares
Minimum investment
₹6,695
Face value
₹10
Registrar
Cameo Corporate Services

Subscription

Alkali Metals IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—1.02×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹105 Cr
Promoter holding
99.99% → 74.95%

From the offer documents.

Listing

Listing date
6 Nov 2008
Issue price
₹103
Open
₹99.00
High
₹179.00
Low
₹99.00
Close
₹173.40

Listing day on the NSE. The close was +68.35% on the issue price.

FAQs

When did the Alkali Metals IPO open and close?

It opened on 7 Oct 2008 and closed on 15 Oct 2008.

What was the Alkali Metals IPO price?

The price band was ₹86–103 a share. The final issue price was ₹103.

What is the lot size and minimum investment?

One lot is 65 shares, ₹6,695 at ₹103 a share. Retail investors apply in whole lots.

How much did Alkali Metals raise?

₹26.27 crore: ₹26.27 crore of new shares.

How many times was the Alkali Metals IPO subscribed?

1.02 times overall.

How did Alkali Metals list?

It listed on the NSE on 6 Nov 2008 at ₹99.00 and closed the day at ₹173.40, up 68.35% on the ₹103 issue price.

Who is the registrar of the Alkali Metals IPO?

Cameo Corporate Services handles the allotment, refunds and credit of shares.

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

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