Exchanges
BSE, NSE
Industry
Cement & Cement Products
Issue
Book building

Barak Valley Cements IPO

₹55.30

+31.67% on listing

Listing-day close · NSE · 1 Jul 2019 · issue price ₹42

Barak Valley Cements’ ₹23.77 crore IPO was priced at ₹42 a share. It listed on the NSE on 1 Jul 2019 and closed its first day at ₹55.30, up 31.67% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Listing

Issue details

Issue size
₹23.77 Cr
Fresh issue
₹23.77 Cr
Offer for sale
—
Lot size
150 shares
Minimum investment
₹6,300
Face value
₹10
Registrar
MUFG Intime India

Subscription

Barak Valley Cements IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—28.30×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹93.07 Cr
Promoter holding
70.00% → 52.12%

From the offer documents.

Listing

Listing date
1 Jul 2019
Issue price
₹42
Open
₹62.60
High
₹67.00
Low
₹52.00
Close
₹55.30

Listing day on the NSE. The close was +31.67% on the issue price.

FAQs

When did the Barak Valley Cements IPO open and close?

It opened on 29 Oct 2007 and closed on 1 Nov 2007.

What was the Barak Valley Cements IPO price?

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

What is the lot size and minimum investment?

One lot is 150 shares, ₹6,300 at ₹42 a share. Retail investors apply in whole lots.

How much did Barak Valley Cements raise?

₹23.77 crore: ₹23.77 crore of new shares.

How many times was the Barak Valley Cements IPO subscribed?

28.30 times overall.

How did Barak Valley Cements list?

It listed on the NSE on 1 Jul 2019 at ₹62.60 and closed the day at ₹55.30, up 31.67% on the ₹42 issue price.

Who is the registrar of the Barak Valley Cements 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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