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Gallantt Ispat IPO
₹81.05
+62.10% on listing
Listing-day close · NSE · 11 Oct 2010 · issue price ₹50
Gallantt Ispat’s ₹40.50 crore IPO was priced at ₹50 a share. It listed on the NSE on 11 Oct 2010 and closed its first day at ₹81.05, up 62.10% on the issue price.
Timeline
- Opens
- Closes
- Allotment
- Listing
Issue details
- Issue size
- ₹40.50 Cr
- Fresh issue
- ₹40.50 Cr
- Offer for sale
- —
- Lot size
- 125 shares
- Minimum investment
- ₹6,250
- Face value
- ₹10
- Registrar
- Niche Technologies
Subscription
| Category | Shares offered | Times subscribed |
|---|---|---|
| Total | — | 1.66× |
Overall, from the basis of allotment.
Financials and valuation
- Market cap (post-issue)
- ₹134 Cr
- Promoter holding
- 92.77% → 69.93%
From the offer documents.
Listing
- Listing date
- 11 Oct 2010
- Issue price
- ₹50
- Open
- ₹52.00
- High
- ₹87.00
- Low
- ₹49.00
- Close
- ₹81.05
Listing day on the NSE. The close was +62.10% on the issue price.
FAQs
When did the Gallantt Ispat IPO open and close?
It opened on 22 Sep 2010 and closed on 24 Sep 2010.
What was the Gallantt Ispat IPO price?
The price was ₹50 a share.
What is the lot size and minimum investment?
One lot is 125 shares, ₹6,250 at ₹50 a share. Retail investors apply in whole lots.
How much did Gallantt Ispat raise?
₹40.50 crore: ₹40.50 crore of new shares.
How many times was the Gallantt Ispat IPO subscribed?
1.66 times overall.
How did Gallantt Ispat list?
It listed on the NSE on 11 Oct 2010 at ₹52.00 and closed the day at ₹81.05, up 62.10% on the ₹50 issue price.
Who is the registrar of the Gallantt Ispat IPO?
Niche Technologies handles the allotment, refunds and credit of shares.
For information only. Not investment advice or a research report.
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