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Mahindra & Mahindra Financial Services IPO
₹232.55
+16.28% on listing
Listing-day close · NSE · 17 Mar 2006 · issue price ₹200
Mahindra & Mahindra Financial Services’ ₹400 crore IPO was priced at ₹200 a share. It listed on the NSE on 17 Mar 2006 and closed its first day at ₹232.55, up 16.28% on the issue price.
Timeline
- Opens
- Closes
- Allotment
- Listing
Issue details
- Issue size
- ₹400 Cr
- Fresh issue
- ₹200 Cr
- Offer for sale
- ₹200 Cr
- Lot size
- 35 shares
- Minimum investment
- ₹7,000
- Face value
- ₹10
- Registrar
- Kfin Technologies
Subscription
| Category | Shares offered | Times subscribed |
|---|---|---|
| Total | — | 26.89× |
Overall, from the basis of allotment.
Financials and valuation
- Market cap (post-issue)
- ₹1,720 Cr
- P/E (post-issue)
- 21.1
- EPS (post-issue)
- ₹9.47
- Price to book
- 3.5
- Promoter holding
- 89.78% → 67.72%
Financials as of 31 Dec 2005, from the offer documents.
Listing
- Listing date
- 17 Mar 2006
- Issue price
- ₹200
- Open
- ₹225.00
- High
- ₹243.80
- Low
- ₹205.15
- Close
- ₹232.55
Listing day on the NSE. The close was +16.28% on the issue price.
M&MFIN share price todayFAQs
When did the Mahindra & Mahindra Financial Services IPO open and close?
It opened on 21 Feb 2006 and closed on 24 Feb 2006.
What was the Mahindra & Mahindra Financial Services IPO price?
The price band was ₹170–200 a share. The final issue price was ₹200.
What is the lot size and minimum investment?
One lot is 35 shares, ₹7,000 at ₹200 a share. Retail investors apply in whole lots.
How much did Mahindra & Mahindra Financial Services raise?
₹400 crore: ₹200 crore of new shares and ₹200 crore offered by existing shareholders.
How many times was the Mahindra & Mahindra Financial Services IPO subscribed?
26.89 times overall.
How did Mahindra & Mahindra Financial Services list?
It listed on the NSE on 17 Mar 2006 at ₹225.00 and closed the day at ₹232.55, up 16.28% on the ₹200 issue price.
Who is the registrar of the Mahindra & Mahindra Financial Services 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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