Exchanges
BSE, NSE
Industry
Specialty Chemicals
Issue
Book building

Fine Organic Industries IPO

₹822.80

+5.08% on listing

Listing-day close · NSE · 2 Jul 2018 · issue price ₹783

Fine Organic Industries’ ₹600 crore IPO was priced at ₹783 a share. It listed on the NSE on 2 Jul 2018 and closed its first day at ₹822.80, up 5.08% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹600 Cr
Fresh issue
—
Offer for sale
₹600 Cr
Lot size
19 shares
Minimum investment
₹14,877
Face value
₹5
Registrar
Kfin Technologies

Subscription

Fine Organic Industries IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—6.57×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹2,401 Cr
Promoter holding
100.00% → 80.20%

From the offer documents.

Listing

Listing date
2 Jul 2018
Issue price
₹783
Open
₹815.00
High
₹833.70
Low
₹786.65
Close
₹822.80

Listing day on the NSE. The close was +5.08% on the issue price.

FINEORG share price today

FAQs

When did the Fine Organic Industries IPO open and close?

It opened on 20 Jun 2018 and closed on 22 Jun 2018.

What was the Fine Organic Industries IPO price?

The price band was ₹780–783 a share. The final issue price was ₹783.

What is the lot size and minimum investment?

One lot is 19 shares, ₹14,877 at ₹783 a share. Retail investors apply in whole lots.

How much did Fine Organic Industries raise?

₹600 crore: ₹600 crore offered by existing shareholders.

How many times was the Fine Organic Industries IPO subscribed?

6.57 times overall.

How did Fine Organic Industries list?

It listed on the NSE on 2 Jul 2018 at ₹815.00 and closed the day at ₹822.80, up 5.08% on the ₹783 issue price.

Who is the registrar of the Fine Organic Industries IPO?

Kfin Technologies handles the allotment, refunds and credit of shares.

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

Full disclaimer

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