Exchanges
BSE, NSE
Industry
Other Textile Products
Issue
Book building

Birla Cotsyn (India) IPO

₹9.45

−32.50% on listing

Listing-day close · NSE · 30 Jul 2008 · issue price ₹14

Birla Cotsyn (India)’s ₹144 crore IPO was priced at ₹14 a share. It listed on the NSE on 30 Jul 2008 and closed its first day at ₹9.45, down 32.50% on the issue price.

Timeline

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

Issue details

Issue size
₹144 Cr
Fresh issue
₹144 Cr
Offer for sale
—
Lot size
350 shares
Minimum investment
₹4,900
Face value
₹10
Registrar
Adroit Corporate Services

Subscription

Birla Cotsyn (India) IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—1.04×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹163 Cr
Promoter holding
100.00% → 34.13%

From the offer documents.

Listing

Listing date
30 Jul 2008
Issue price
₹14
Open
₹14.90
High
₹14.90
Low
₹8.75
Close
₹9.45

Listing day on the NSE. The close was −32.50% on the issue price.

FAQs

When did the Birla Cotsyn (India) IPO open and close?

It opened on 30 Jun 2008 and closed on 9 Jul 2008.

What was the Birla Cotsyn (India) IPO price?

The price band was ₹12–14 a share. The final issue price was ₹14.

What is the lot size and minimum investment?

One lot is 350 shares, ₹4,900 at ₹14 a share. Retail investors apply in whole lots.

How much did Birla Cotsyn (India) raise?

₹144 crore: ₹144 crore of new shares.

How many times was the Birla Cotsyn (India) IPO subscribed?

1.04 times overall.

How did Birla Cotsyn (India) list?

It listed on the NSE on 30 Jul 2008 at ₹14.90 and closed the day at ₹9.45, down 32.50% on the ₹14 issue price.

Who is the registrar of the Birla Cotsyn (India) IPO?

Adroit Corporate Services handles the allotment, refunds and credit of shares.

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

Full disclaimer

See how an IPO fits your plan

Armor checks every holding against your goals, risk and timeline.

Get the app