Exchanges
BSE, NSE
Industry
Castings & Forgings
Issue
Book building

Nelcast IPO

₹207.35

−5.32% on listing

Listing-day close · NSE · 27 Jun 2007 · issue price ₹219

Nelcast’s ₹95.27 crore IPO was priced at ₹219 a share. It listed on the NSE on 27 Jun 2007 and closed its first day at ₹207.35, down 5.32% on the issue price.

Timeline

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

Issue details

Issue size
₹95.27 Cr
Fresh issue
₹95.27 Cr
Offer for sale
—
Lot size
30 shares
Minimum investment
₹6,570
Face value
₹10
Registrar
Bigshare Services

Subscription

Nelcast IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—7.02×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹381 Cr
Promoter holding
91.19% → 68.39%

From the offer documents.

Listing

Listing date
27 Jun 2007
Issue price
₹219
Open
₹252.00
High
₹274.00
Low
₹204.25
Close
₹207.35

Listing day on the NSE. The close was −5.32% on the issue price.

NELCAST share price today

FAQs

When did the Nelcast IPO open and close?

It opened on 4 Jun 2007 and closed on 8 Jun 2007.

What was the Nelcast IPO price?

The price band was ₹195–219 a share. The final issue price was ₹219.

What is the lot size and minimum investment?

One lot is 30 shares, ₹6,570 at ₹219 a share. Retail investors apply in whole lots.

How much did Nelcast raise?

₹95.27 crore: ₹95.27 crore of new shares.

How many times was the Nelcast IPO subscribed?

7.02 times overall.

How did Nelcast list?

It listed on the NSE on 27 Jun 2007 at ₹252.00 and closed the day at ₹207.35, down 5.32% on the ₹219 issue price.

Who is the registrar of the Nelcast IPO?

Bigshare Services handles the allotment, refunds and credit of shares.

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

Full disclaimer

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