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Fineotex Chemical IPO

₹140.90

+101.29% on listing

Listing-day close · BSE · 11 Mar 2011 · issue price ₹70

Fineotex Chemical’s ₹29.48 crore IPO was priced at ₹70 a share. It listed on the BSE on 11 Mar 2011 and closed its first day at ₹140.90, up 101.29% on the issue price.

Timeline

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

Issue details

Issue size
₹29.48 Cr
Fresh issue
₹29.48 Cr
Offer for sale
—
Lot size
90 shares
Minimum investment
₹6,300
Face value
₹10
Registrar
Bigshare Services

Subscription

Fineotex Chemical IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—1.49×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹78.61 Cr
Promoter holding
99.99% → 62.49%

From the offer documents.

Listing

Listing date
11 Mar 2011
Issue price
₹70
Open
₹80.00
High
₹157.90
Low
₹74.10
Close
₹140.90

Listing day on the BSE. The close was +101.29% on the issue price.

FCL share price today

FAQs

When did the Fineotex Chemical IPO open and close?

It opened on 23 Feb 2011 and closed on 25 Feb 2011.

What was the Fineotex Chemical IPO price?

The price band was ₹60–72 a share. The final issue price was ₹70.

What is the lot size and minimum investment?

One lot is 90 shares, ₹6,300 at ₹70 a share. Retail investors apply in whole lots.

How much did Fineotex Chemical raise?

₹29.48 crore: ₹29.48 crore of new shares.

How many times was the Fineotex Chemical IPO subscribed?

1.49 times overall.

How did Fineotex Chemical list?

It listed on the BSE on 11 Mar 2011 at ₹80.00 and closed the day at ₹140.90, up 101.29% on the ₹70 issue price.

Who is the registrar of the Fineotex Chemical IPO?

Bigshare Services handles the allotment, refunds and credit of shares.

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

Full disclaimer

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