- Exchanges
- BSE, NSE
- Industry
- Pharmaceuticals
- Issue
- Book building
Laurus Labs IPO
₹480.40
+12.24% on listing
Listing-day close · NSE · 19 Dec 2016 · issue price ₹428
Laurus Labs’ ₹1,331 crore IPO was priced at ₹428 a share. It listed on the NSE on 19 Dec 2016 and closed its first day at ₹480.40, up 12.24% on the issue price.
Timeline
- Opens
- Closes
- Allotment
- Refunds
- Shares in demat
- Listing
Issue details
- Issue size
- ₹1,331 Cr
- Fresh issue
- ₹300 Cr
- Offer for sale
- ₹1,031 Cr
- Lot size
- 35 shares
- Minimum investment
- ₹14,980
- Face value
- ₹10
- Registrar
- Kfin Technologies
Subscription
| Category | Shares offered | Times subscribed |
|---|---|---|
| Total | — | 3.49× |
Overall, from the basis of allotment.
Financials and valuation
- Market cap (post-issue)
- ₹4,526 Cr
- Promoter holding
- 32.82% → 30.66%
From the offer documents.
Listing
- Listing date
- 19 Dec 2016
- Issue price
- ₹428
- Open
- ₹489.90
- High
- ₹498.00
- Low
- ₹475.00
- Close
- ₹480.40
Listing day on the NSE. The close was +12.24% on the issue price.
LAURUSLABS share price todayFAQs
When did the Laurus Labs IPO open and close?
It opened on 6 Dec 2016 and closed on 8 Dec 2016.
What was the Laurus Labs IPO price?
The price band was ₹426–428 a share. The final issue price was ₹428.
What is the lot size and minimum investment?
One lot is 35 shares, ₹14,980 at ₹428 a share. Retail investors apply in whole lots.
How much did Laurus Labs raise?
₹1,331 crore: ₹300 crore of new shares and ₹1,031 crore offered by existing shareholders.
How many times was the Laurus Labs IPO subscribed?
3.49 times overall.
How did Laurus Labs list?
It listed on the NSE on 19 Dec 2016 at ₹489.90 and closed the day at ₹480.40, up 12.24% on the ₹428 issue price.
Who is the registrar of the Laurus Labs IPO?
Kfin Technologies handles the allotment, refunds and credit of shares.
For information only. Not investment advice or a research report.
Full disclaimerSee how an IPO fits your plan
Armor checks every holding against your goals, risk and timeline.
Get the app