Exchanges
BSE, NSE
Issue
Fixed price

MSP Steel & Power IPO

₹15.30

+53.00% on listing

Listing-day close · NSE · 18 Jul 2005 · issue price ₹10

MSP Steel & Power’s ₹16 crore IPO was priced at ₹10 a share. It listed on the NSE on 18 Jul 2005 and closed its first day at ₹15.30, up 53.00% on the issue price.

Timeline

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

Issue details

Issue size
₹16 Cr
Fresh issue
₹16 Cr
Offer for sale
—
Lot size
500 shares
Minimum investment
₹5,000
Face value
₹10
Registrar
Kfin Technologies

Subscription

MSP Steel & Power IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—20.63×

Overall, from the basis of allotment.

Financials and valuation

Promoter holding
99.06% → 71.78%

Financials as of 31 Mar 2005, from the offer documents.

Listing

Listing date
18 Jul 2005
Issue price
₹10
Open
₹17.90
High
₹19.50
Low
₹14.75
Close
₹15.30

Listing day on the NSE. The close was +53.00% on the issue price.

MSPL share price today

FAQs

When did the MSP Steel & Power IPO open and close?

It opened on 20 Jun 2005 and closed on 24 Jun 2005.

What was the MSP Steel & Power IPO price?

The price was ₹10 a share.

What is the lot size and minimum investment?

One lot is 500 shares, ₹5,000 at ₹10 a share. Retail investors apply in whole lots.

How much did MSP Steel & Power raise?

₹16 crore: ₹16 crore of new shares.

How many times was the MSP Steel & Power IPO subscribed?

20.63 times overall.

How did MSP Steel & Power list?

It listed on the NSE on 18 Jul 2005 at ₹17.90 and closed the day at ₹15.30, up 53.00% on the ₹10 issue price.

Who is the registrar of the MSP Steel & Power IPO?

Kfin Technologies handles the allotment, refunds and credit of shares.

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

Full disclaimer

See how an IPO fits your plan

Armor checks every holding against your goals, risk and timeline.

Get the app