Exchanges
BSE, NSE
Industry
Pharmaceuticals
Issue
Book building

Indoco Remedies IPO

₹394.25

+60.92% on listing

Listing-day close · 14 Jan 2005 · issue price ₹245

Indoco Remedies’ ₹73.50 crore IPO was priced at ₹245 a share. It listed on 14 Jan 2005 and closed its first day at ₹394.25, up 60.92% on the issue price.

Timeline

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

Issue details

Issue size
₹73.50 Cr
Fresh issue
₹73.50 Cr
Offer for sale
—
Lot size
25 shares
Minimum investment
₹6,125
Face value
₹10
Registrar
MUFG Intime India

Subscription

Indoco Remedies IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—60.74×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹290 Cr
P/E (post-issue)
13.6
EPS (post-issue)
₹17.99
Price to book
2.5
Promoter holding
79.75% → 59.51%

Financials as of 31 Mar 2004, from the offer documents.

Listing

Listing date
14 Jan 2005
Issue price
₹245
Open
—
High
—
Low
—
Close
₹394.25

Listing day. The close was +60.92% on the issue price.

INDOCO share price today

FAQs

When did the Indoco Remedies IPO open and close?

It opened on 17 Dec 2004 and closed on 23 Dec 2004.

What was the Indoco Remedies IPO price?

The price band was ₹220–245 a share. The final issue price was ₹245.

What is the lot size and minimum investment?

One lot is 25 shares, ₹6,125 at ₹245 a share. Retail investors apply in whole lots.

How much did Indoco Remedies raise?

₹73.50 crore: ₹73.50 crore of new shares.

How many times was the Indoco Remedies IPO subscribed?

60.74 times overall.

How did Indoco Remedies list?

It listed on 14 Jan 2005 and closed the day at ₹394.25, up 60.92% on the ₹245 issue price.

Who is the registrar of the Indoco Remedies 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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