Exchanges
BSE, NSE
Issue
Book building

Bhagwati Banquets & Hotels IPO

₹49.05

+22.62% on listing

Listing-day close · NSE · 17 May 2007 · issue price ₹40

Bhagwati Banquets & Hotels’ ₹92 crore IPO was priced at ₹40 a share. It listed on the NSE on 17 May 2007 and closed its first day at ₹49.05, up 22.62% on the issue price.

Timeline

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

Issue details

Issue size
₹92 Cr
Fresh issue
₹92 Cr
Offer for sale
—
Lot size
175 shares
Minimum investment
₹7,000
Face value
₹10
Registrar
MUFG Intime India

Subscription

Bhagwati Banquets & Hotels IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—1.40×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹117 Cr
Promoter holding
93.51% → 35.59%

From the offer documents.

Listing

Listing date
17 May 2007
Issue price
₹40
Open
₹45.00
High
₹57.35
Low
₹30.00
Close
₹49.05

Listing day on the NSE. The close was +22.62% on the issue price.

BHAGWATIHO share price today

FAQs

When did the Bhagwati Banquets & Hotels IPO open and close?

It opened on 18 Apr 2007 and closed on 25 Apr 2007.

What was the Bhagwati Banquets & Hotels IPO price?

The price band was ₹36–40 a share. The final issue price was ₹40.

What is the lot size and minimum investment?

One lot is 175 shares, ₹7,000 at ₹40 a share. Retail investors apply in whole lots.

How much did Bhagwati Banquets & Hotels raise?

₹92 crore: ₹92 crore of new shares.

How many times was the Bhagwati Banquets & Hotels IPO subscribed?

1.40 times overall.

How did Bhagwati Banquets & Hotels list?

It listed on the NSE on 17 May 2007 at ₹45.00 and closed the day at ₹49.05, up 22.62% on the ₹40 issue price.

Who is the registrar of the Bhagwati Banquets & Hotels 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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