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Gremach Infrastructure Equipments & Projects IPO
₹83.95
−2.38% on listing
Listing-day close · BSE · 11 Apr 2007 · issue price ₹86
Gremach Infrastructure Equipments & Projects’ ₹59 crore IPO was priced at ₹86 a share. It listed on the BSE on 11 Apr 2007 and closed its first day at ₹83.95, down 2.38% on the issue price.
Timeline
- Opens
- Closes
- Allotment
- Listing
Issue details
- Issue size
- ₹59 Cr
- Fresh issue
- ₹59 Cr
- Offer for sale
- —
- Lot size
- 70 shares
- Minimum investment
- ₹6,020
- Face value
- ₹10
- Registrar
- MUFG Intime India
Subscription
| Category | Shares offered | Times subscribed |
|---|---|---|
| Total | — | 1.03× |
Overall, from the basis of allotment.
Financials and valuation
- Market cap (post-issue)
- ₹131 Cr
- Promoter holding
- 97.44% → 53.52%
From the offer documents.
Listing
- Listing date
- 11 Apr 2007
- Issue price
- ₹86
- Open
- ₹92.00
- High
- ₹100.00
- Low
- ₹80.70
- Close
- ₹83.95
Listing day on the BSE. The close was −2.38% on the issue price.
FAQs
When did the Gremach Infrastructure Equipments & Projects IPO open and close?
It opened on 8 Mar 2007 and closed on 19 Mar 2007.
What was the Gremach Infrastructure Equipments & Projects IPO price?
The price band was ₹72–86 a share. The final issue price was ₹86.
What is the lot size and minimum investment?
One lot is 70 shares, ₹6,020 at ₹86 a share. Retail investors apply in whole lots.
How much did Gremach Infrastructure Equipments & Projects raise?
₹59 crore: ₹59 crore of new shares.
How many times was the Gremach Infrastructure Equipments & Projects IPO subscribed?
1.03 times overall.
How did Gremach Infrastructure Equipments & Projects list?
It listed on the BSE on 11 Apr 2007 at ₹92.00 and closed the day at ₹83.95, down 2.38% on the ₹86 issue price.
Who is the registrar of the Gremach Infrastructure Equipments & Projects IPO?
MUFG Intime India handles the allotment, refunds and credit of shares.
For information only. Not investment advice or a research report.
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