Exchanges
BSE, NSE
Issue
Book building

Jet Airways (India) IPO

₹1,304.20

+18.56% on listing

Listing-day close · NSE · 14 Mar 2005 · issue price ₹1,100

Jet Airways (India)’s ₹1,899 crore IPO was priced at ₹1,100 a share. It listed on the NSE on 14 Mar 2005 and closed its first day at ₹1,304.20, up 18.56% on the issue price.

Timeline

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

Issue details

Issue size
₹1,899 Cr
Fresh issue
₹1,567 Cr
Offer for sale
₹332 Cr
Lot size
6 shares
Minimum investment
₹6,600
Face value
₹10
Registrar
Kfin Technologies

Subscription

Jet Airways (India) IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—16.08×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹9,497 Cr
P/E (post-issue)
36.7
EPS (post-issue)
₹29.97
Price to book
41.6
EBITDA margin
29.64%
Promoter holding
100.00% → 80.00%

Financials as of 30 Sep 2004, from the offer documents.

Listing

Listing date
14 Mar 2005
Issue price
₹1,100
Open
₹1,155.00
High
₹1,338.90
Low
₹1,155.00
Close
₹1,304.20

Listing day on the NSE. The close was +18.56% on the issue price.

FAQs

When did the Jet Airways (India) IPO open and close?

It opened on 18 Feb 2005 and closed on 24 Feb 2005.

What was the Jet Airways (India) IPO price?

The price band was ₹950–1,125 a share. The final issue price was ₹1,100.

What is the lot size and minimum investment?

One lot is 6 shares, ₹6,600 at ₹1,100 a share. Retail investors apply in whole lots.

How much did Jet Airways (India) raise?

₹1,899 crore: ₹1,567 crore of new shares and ₹332 crore offered by existing shareholders.

How many times was the Jet Airways (India) IPO subscribed?

16.08 times overall.

How did Jet Airways (India) list?

It listed on the NSE on 14 Mar 2005 at ₹1,155.00 and closed the day at ₹1,304.20, up 18.56% on the ₹1,100 issue price.

Who is the registrar of the Jet Airways (India) 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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