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Binani Cement IPO
₹69.05
−7.93% on listing
Listing-day close · NSE · 28 May 2007 · issue price ₹75
Binani Cement’s ₹154 crore IPO was priced at ₹75 a share. It listed on the NSE on 28 May 2007 and closed its first day at ₹69.05, down 7.93% on the issue price.
Timeline
- Opens
- Closes
- Allotment
- Listing
Issue details
- Issue size
- ₹154 Cr
- Fresh issue
- —
- Offer for sale
- ₹154 Cr
- Lot size
- 80 shares
- Minimum investment
- ₹6,000
- Face value
- ₹10
- Registrar
- Bigshare Services
Subscription
| Category | Shares offered | Times subscribed |
|---|---|---|
| Total | — | 1.25× |
Overall, from the basis of allotment.
Financials and valuation
- Market cap (post-issue)
- ₹1,523 Cr
- Promoter holding
- 64.91% → 64.91%
From the offer documents.
Listing
- Listing date
- 28 May 2007
- Issue price
- ₹75
- Open
- ₹73.00
- High
- ₹77.00
- Low
- ₹67.30
- Close
- ₹69.05
Listing day on the NSE. The close was −7.93% on the issue price.
FAQs
When did the Binani Cement IPO open and close?
It opened on 7 May 2007 and closed on 10 May 2007.
What was the Binani Cement IPO price?
The price band was ₹75–85 a share. The final issue price was ₹75.
What is the lot size and minimum investment?
One lot is 80 shares, ₹6,000 at ₹75 a share. Retail investors apply in whole lots.
How much did Binani Cement raise?
₹154 crore: ₹154 crore offered by existing shareholders.
How many times was the Binani Cement IPO subscribed?
1.25 times overall.
How did Binani Cement list?
It listed on the NSE on 28 May 2007 at ₹73.00 and closed the day at ₹69.05, down 7.93% on the ₹75 issue price.
Who is the registrar of the Binani Cement IPO?
Bigshare Services handles the allotment, refunds and credit of shares.
For information only. Not investment advice or a research report.
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