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M & B Switchgears IPO
₹318.40
+71.18% on listing
Listing-day close · NSE · 20 Oct 2011 · issue price ₹186
M & B Switchgears’ ₹93 crore IPO was priced at ₹186 a share. It listed on the NSE on 20 Oct 2011 and closed its first day at ₹318.40, up 71.18% on the issue price.
Timeline
- Opens
- Closes
- Allotment
- Listing
Issue details
- Issue size
- ₹93 Cr
- Fresh issue
- ₹93 Cr
- Offer for sale
- —
- Lot size
- 30 shares
- Minimum investment
- ₹5,580
- Face value
- ₹10
- Registrar
- Bigshare Services
Subscription
| Category | Shares offered | Times subscribed |
|---|---|---|
| Total | — | 1.52× |
Overall, from the basis of allotment.
Financials and valuation
- Market cap (post-issue)
- ₹372 Cr
- ROCE
- 15.47%
- Promoter holding
- 94.26% → 70.69%
From the offer documents.
Listing
- Listing date
- 20 Oct 2011
- Issue price
- ₹186
- Open
- ₹190.00
- High
- ₹356.00
- Low
- ₹121.05
- Close
- ₹318.40
Listing day on the NSE. The close was +71.18% on the issue price.
FAQs
When did the M & B Switchgears IPO open and close?
It opened on 28 Sep 2011 and closed on 5 Oct 2011.
What was the M & B Switchgears IPO price?
The price band was ₹180–186 a share. The final issue price was ₹186.
What is the lot size and minimum investment?
One lot is 30 shares, ₹5,580 at ₹186 a share. Retail investors apply in whole lots.
How much did M & B Switchgears raise?
₹93 crore: ₹93 crore of new shares.
How many times was the M & B Switchgears IPO subscribed?
1.52 times overall.
How did M & B Switchgears list?
It listed on the NSE on 20 Oct 2011 at ₹190.00 and closed the day at ₹318.40, up 71.18% on the ₹186 issue price.
Who is the registrar of the M & B Switchgears IPO?
Bigshare Services handles the allotment, refunds and credit of shares.
For information only. Not investment advice or a research report.
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