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Electrosteel Steels IPO
₹11.25
+2.27% on listing
Listing-day close · NSE · 8 Oct 2010 · issue price ₹11
Electrosteel Steels’ ₹285 crore IPO was priced at ₹11 a share. It listed on the NSE on 8 Oct 2010 and closed its first day at ₹11.25, up 2.27% on the issue price.
Timeline
- Opens
- Closes
- Allotment
- Listing
Issue details
- Issue size
- ₹285 Cr
- Fresh issue
- ₹285 Cr
- Offer for sale
- —
- Lot size
- 600 shares
- Minimum investment
- ₹6,600
- Face value
- ₹10
- Registrar
- Kfin Technologies
Subscription
| Category | Shares offered | Times subscribed |
|---|---|---|
| Total | — | 7.03× |
Overall, from the basis of allotment.
Financials and valuation
- Market cap (post-issue)
- ₹2,275 Cr
- Promoter holding
- 34.41% → 33.84%
From the offer documents.
Listing
- Listing date
- 8 Oct 2010
- Issue price
- ₹11
- Open
- ₹11.15
- High
- ₹11.85
- Low
- ₹9.35
- Close
- ₹11.25
Listing day on the NSE. The close was +2.27% on the issue price.
FAQs
When did the Electrosteel Steels IPO open and close?
It opened on 21 Sep 2010 and closed on 24 Sep 2010.
What was the Electrosteel Steels IPO price?
The price band was ₹10–11 a share. The final issue price was ₹11.
What is the lot size and minimum investment?
One lot is 600 shares, ₹6,600 at ₹11 a share. Retail investors apply in whole lots.
How much did Electrosteel Steels raise?
₹285 crore: ₹285 crore of new shares.
How many times was the Electrosteel Steels IPO subscribed?
7.03 times overall.
How did Electrosteel Steels list?
It listed on the NSE on 8 Oct 2010 at ₹11.15 and closed the day at ₹11.25, up 2.27% on the ₹11 issue price.
Who is the registrar of the Electrosteel Steels IPO?
Kfin Technologies handles the allotment, refunds and credit of shares.
For information only. Not investment advice or a research report.
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