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Bank of Maharashtra IPO
₹39.35
+71.09% on listing
Listing-day close · 12 Apr 2004 · issue price ₹23
Bank of Maharashtra’s ₹230 crore IPO was priced at ₹23 a share. It listed on 12 Apr 2004 and closed its first day at ₹39.35, up 71.09% on the issue price.
Timeline
- Opens
- Closes
- Allotment
- Listing
Issue details
- Issue size
- ₹230 Cr
- Fresh issue
- ₹230 Cr
- Offer for sale
- —
- Lot size
- 100 shares
- Minimum investment
- ₹2,300
- Face value
- ₹10
- Registrar
- MCS Share Transfer Agent
Subscription
| Category | Shares offered | Times subscribed |
|---|---|---|
| Total | — | 10.36× |
Overall, from the basis of allotment.
Financials and valuation
- Promoter holding
- 100.00% → 76.77%
Financials as of 31 Mar 2003, from the offer documents.
Listing
- Listing date
- 12 Apr 2004
- Issue price
- ₹23
- Open
- —
- High
- —
- Low
- —
- Close
- ₹39.35
Listing day. The close was +71.09% on the issue price.
MAHABANK share price todayFAQs
When did the Bank of Maharashtra IPO open and close?
It opened on 25 Feb 2004 and closed on 4 Mar 2004.
What was the Bank of Maharashtra IPO price?
The price was ₹23 a share.
What is the lot size and minimum investment?
One lot is 100 shares, ₹2,300 at ₹23 a share. Retail investors apply in whole lots.
How much did Bank of Maharashtra raise?
₹230 crore: ₹230 crore of new shares.
How many times was the Bank of Maharashtra IPO subscribed?
10.36 times overall.
How did Bank of Maharashtra list?
It listed on 12 Apr 2004 and closed the day at ₹39.35, up 71.09% on the ₹23 issue price.
Who is the registrar of the Bank of Maharashtra IPO?
MCS Share Transfer Agent handles the allotment, refunds and credit of shares.
For information only. Not investment advice or a research report.
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