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Broadcast Initiatives IPO
₹70.40
−41.33% on listing
Listing-day close · NSE · 7 Mar 2007 · issue price ₹120
Broadcast Initiatives’ ₹103 crore IPO was priced at ₹120 a share. It listed on the NSE on 7 Mar 2007 and closed its first day at ₹70.40, down 41.33% on the issue price.
Timeline
- Opens
- Closes
- Listing
Issue details
- Issue size
- ₹103 Cr
- Fresh issue
- ₹103 Cr
- Offer for sale
- —
- Lot size
- 50 shares
- Minimum investment
- ₹6,000
- Face value
- ₹10
- Registrar
- MUFG Intime India
Subscription
| Category | Shares offered | Times subscribed |
|---|---|---|
| Total | — | 2.36× |
Overall, from the basis of allotment.
Financials and valuation
- Market cap (post-issue)
- ₹232 Cr
- Promoter holding
- 99.99% → 55.73%
From the offer documents.
Listing
- Listing date
- 7 Mar 2007
- Issue price
- ₹120
- Open
- ₹140.00
- High
- ₹140.00
- Low
- ₹67.00
- Close
- ₹70.40
Listing day on the NSE. The close was −41.33% on the issue price.
FAQs
When did the Broadcast Initiatives IPO open and close?
It opened on 9 Feb 2007 and closed on 14 Feb 2007.
What was the Broadcast Initiatives IPO price?
The price band was ₹100–120 a share. The final issue price was ₹120.
What is the lot size and minimum investment?
One lot is 50 shares, ₹6,000 at ₹120 a share. Retail investors apply in whole lots.
How much did Broadcast Initiatives raise?
₹103 crore: ₹103 crore of new shares.
How many times was the Broadcast Initiatives IPO subscribed?
2.36 times overall.
How did Broadcast Initiatives list?
It listed on the NSE on 7 Mar 2007 at ₹140.00 and closed the day at ₹70.40, down 41.33% on the ₹120 issue price.
Who is the registrar of the Broadcast Initiatives 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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