Exchanges
BSE
Industry
Diversified consumer products
Issue
Fixed price

Avon Weighing Systems IPO

₹11.90

+19.00% on listing

Listing-day close · BSE · 3 Jul 2008 · issue price ₹10

Avon Weighing Systems’ ₹13.73 crore IPO was priced at ₹10 a share. It listed on the BSE on 3 Jul 2008 and closed its first day at ₹11.90, up 19.00% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Listing

Issue details

Issue size
₹13.73 Cr
Fresh issue
₹13.73 Cr
Offer for sale
—
Lot size
500 shares
Minimum investment
₹5,000
Face value
₹10
Registrar
Datamatics Business Solutions

Subscription

Avon Weighing Systems IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—44.73×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹16.58 Cr
Promoter holding
100.00% → 40.67%

From the offer documents.

Listing

Listing date
3 Jul 2008
Issue price
₹10
Open
₹13.90
High
₹20.00
Low
₹11.35
Close
₹11.90

Listing day on the BSE. The close was +19.00% on the issue price.

FAQs

When did the Avon Weighing Systems IPO open and close?

It opened on 9 Jun 2008 and closed on 12 Jun 2008.

What was the Avon Weighing Systems IPO price?

The price was ₹10 a share.

What is the lot size and minimum investment?

One lot is 500 shares, ₹5,000 at ₹10 a share. Retail investors apply in whole lots.

How much did Avon Weighing Systems raise?

₹13.73 crore: ₹13.73 crore of new shares.

How many times was the Avon Weighing Systems IPO subscribed?

44.73 times overall.

How did Avon Weighing Systems list?

It listed on the BSE on 3 Jul 2008 at ₹13.90 and closed the day at ₹11.90, up 19.00% on the ₹10 issue price.

Who is the registrar of the Avon Weighing Systems IPO?

Datamatics Business Solutions handles the allotment, refunds and credit of shares.

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

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