Exchanges
BSE, NSE
Issue
Book building

MIC Electronics IPO

₹338.15

+125.43% on listing

Listing-day close · NSE · 30 May 2007 · issue price ₹150

MIC Electronics’ ₹76.50 crore IPO was priced at ₹150 a share. It listed on the NSE on 30 May 2007 and closed its first day at ₹338.15, up 125.43% on the issue price.

Timeline

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

Issue details

Issue size
₹76.50 Cr
Fresh issue
₹76.50 Cr
Offer for sale
—
Lot size
45 shares
Minimum investment
₹6,750
Face value
₹10
Registrar
MUFG Intime India

Subscription

MIC Electronics IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—47.93×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹302 Cr
Promoter holding
49.79% → 37.17%

From the offer documents.

Listing

Listing date
30 May 2007
Issue price
₹150
Open
₹262.50
High
₹368.00
Low
₹253.00
Close
₹338.15

Listing day on the NSE. The close was +125.43% on the issue price.

MICEL share price today

FAQs

When did the MIC Electronics IPO open and close?

It opened on 30 Apr 2007 and closed on 8 May 2007.

What was the MIC Electronics IPO price?

The price band was ₹129–150 a share. The final issue price was ₹150.

What is the lot size and minimum investment?

One lot is 45 shares, ₹6,750 at ₹150 a share. Retail investors apply in whole lots.

How much did MIC Electronics raise?

₹76.50 crore: ₹76.50 crore of new shares.

How many times was the MIC Electronics IPO subscribed?

47.93 times overall.

How did MIC Electronics list?

It listed on the NSE on 30 May 2007 at ₹262.50 and closed the day at ₹338.15, up 125.43% on the ₹150 issue price.

Who is the registrar of the MIC Electronics IPO?

MUFG Intime India handles the allotment, refunds and credit of shares.

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

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