Exchanges
BSE, NSE
Issue
Book building

Jindal Cotex IPO

₹87.30

+16.40% on listing

Listing-day close · NSE · 22 Sep 2009 · issue price ₹75

Jindal Cotex’s ₹93.43 crore IPO was priced at ₹75 a share. It listed on the NSE on 22 Sep 2009 and closed its first day at ₹87.30, up 16.40% on the issue price.

Timeline

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

Issue details

Issue size
₹93.43 Cr
Fresh issue
₹93.43 Cr
Offer for sale
—
Lot size
90 shares
Minimum investment
₹6,750
Face value
₹10
Registrar
Bigshare Services

Subscription

Jindal Cotex IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—1.68×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹188 Cr
Promoter holding
1.00% → 0.55%

From the offer documents.

Listing

Listing date
22 Sep 2009
Issue price
₹75
Open
₹77.00
High
₹93.50
Low
₹76.10
Close
₹87.30

Listing day on the NSE. The close was +16.40% on the issue price.

FAQs

When did the Jindal Cotex IPO open and close?

It opened on 27 Aug 2009 and closed on 1 Sep 2009.

What was the Jindal Cotex IPO price?

The price band was ₹70–75 a share. The final issue price was ₹75.

What is the lot size and minimum investment?

One lot is 90 shares, ₹6,750 at ₹75 a share. Retail investors apply in whole lots.

How much did Jindal Cotex raise?

₹93.43 crore: ₹93.43 crore of new shares.

How many times was the Jindal Cotex IPO subscribed?

1.68 times overall.

How did Jindal Cotex list?

It listed on the NSE on 22 Sep 2009 at ₹77.00 and closed the day at ₹87.30, up 16.40% on the ₹75 issue price.

Who is the registrar of the Jindal Cotex IPO?

Bigshare Services handles the allotment, refunds and credit of shares.

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

Full disclaimer

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