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Indiabulls Financial Services IPO
₹23.75
+25.00% on listing
Listing-day close · 24 Sep 2004 · issue price ₹19
Indiabulls Financial Services’ ₹51.66 crore IPO was priced at ₹19 a share. It listed on 24 Sep 2004 and closed its first day at ₹23.75, up 25.00% on the issue price.
Timeline
- Opens
- Closes
- Allotment
- Listing
Issue details
- Issue size
- ₹51.66 Cr
- Fresh issue
- ₹51.66 Cr
- Offer for sale
- —
- Lot size
- 365 shares
- Minimum investment
- ₹6,935
- Face value
- ₹2
- Registrar
- Kfin Technologies
Subscription
| Category | Shares offered | Times subscribed |
|---|---|---|
| Total | — | 18.04× |
Overall, from the basis of allotment.
Financials and valuation
- Promoter holding
- 100.00% → 75.00%
Financials as of 31 Mar 2004, from the offer documents.
Listing
- Listing date
- 24 Sep 2004
- Issue price
- ₹19
- Open
- —
- High
- —
- Low
- —
- Close
- ₹23.75
Listing day. The close was +25.00% on the issue price.
FAQs
When did the Indiabulls Financial Services IPO open and close?
It opened on 6 Sep 2004 and closed on 10 Sep 2004.
What was the Indiabulls Financial Services IPO price?
The price band was ₹16–19 a share. The final issue price was ₹19.
What is the lot size and minimum investment?
One lot is 365 shares, ₹6,935 at ₹19 a share. Retail investors apply in whole lots.
How much did Indiabulls Financial Services raise?
₹51.66 crore: ₹51.66 crore of new shares.
How many times was the Indiabulls Financial Services IPO subscribed?
18.04 times overall.
How did Indiabulls Financial Services list?
It listed on 24 Sep 2004 and closed the day at ₹23.75, up 25.00% on the ₹19 issue price.
Who is the registrar of the Indiabulls Financial Services IPO?
Kfin Technologies handles the allotment, refunds and credit of shares.
For information only. Not investment advice or a research report.
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