Exchanges
BSE, NSE
Issue
Book building

Gitanjali Gems IPO

₹167.60

−14.05% on listing

Listing-day close · NSE · 10 Mar 2006 · issue price ₹195

Gitanjali Gems’ ₹332 crore IPO was priced at ₹195 a share. It listed on the NSE on 10 Mar 2006 and closed its first day at ₹167.60, down 14.05% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Listing

Issue details

Issue size
₹332 Cr
Fresh issue
₹332 Cr
Offer for sale
—
Lot size
35 shares
Minimum investment
₹6,825
Face value
₹10
Registrar
Kfin Technologies

Subscription

Gitanjali Gems IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—15.00×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹1,150 Cr
P/E (post-issue)
22.2
EPS (post-issue)
₹8.78
Promoter holding
95.24% → 67.80%

Financials as of 30 Sep 2005, from the offer documents.

Listing

Listing date
10 Mar 2006
Issue price
₹195
Open
₹210.00
High
₹226.10
Low
₹165.00
Close
₹167.60

Listing day on the NSE. The close was −14.05% on the issue price.

FAQs

When did the Gitanjali Gems IPO open and close?

It opened on 16 Feb 2006 and closed on 21 Feb 2006.

What was the Gitanjali Gems IPO price?

The price band was ₹170–195 a share. The final issue price was ₹195.

What is the lot size and minimum investment?

One lot is 35 shares, ₹6,825 at ₹195 a share. Retail investors apply in whole lots.

How much did Gitanjali Gems raise?

₹332 crore: ₹332 crore of new shares.

How many times was the Gitanjali Gems IPO subscribed?

15.00 times overall.

How did Gitanjali Gems list?

It listed on the NSE on 10 Mar 2006 at ₹210.00 and closed the day at ₹167.60, down 14.05% on the ₹195 issue price.

Who is the registrar of the Gitanjali Gems IPO?

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

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

Full disclaimer

See how an IPO fits your plan

Armor checks every holding against your goals, risk and timeline.

Get the app