Exchanges
BSE, NSE
Issue
Book building

Nitco Tiles IPO

₹183.25

+9.08% on listing

Listing-day close · NSE · 21 Mar 2006 · issue price ₹168

Nitco Tiles’ ₹168 crore IPO was priced at ₹168 a share. It listed on the NSE on 21 Mar 2006 and closed its first day at ₹183.25, up 9.08% on the issue price.

Timeline

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

Issue details

Issue size
₹168 Cr
Fresh issue
₹168 Cr
Offer for sale
—
Lot size
40 shares
Minimum investment
₹6,720
Face value
₹10
Registrar
MUFG Intime India

Subscription

Nitco Tiles IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—4.51×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹374 Cr
P/E (post-issue)
20.0
EPS (post-issue)
₹8.39
Price to book
2.4
Promoter holding
86.44% → 47.62%

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

Listing

Listing date
21 Mar 2006
Issue price
₹168
Open
₹180.00
High
₹189.90
Low
₹161.25
Close
₹183.25

Listing day on the NSE. The close was +9.08% on the issue price.

NITCO share price today

FAQs

When did the Nitco Tiles IPO open and close?

It opened on 22 Feb 2006 and closed on 27 Feb 2006.

What was the Nitco Tiles IPO price?

The price band was ₹140–168 a share. The final issue price was ₹168.

What is the lot size and minimum investment?

One lot is 40 shares, ₹6,720 at ₹168 a share. Retail investors apply in whole lots.

How much did Nitco Tiles raise?

₹168 crore: ₹168 crore of new shares.

How many times was the Nitco Tiles IPO subscribed?

4.51 times overall.

How did Nitco Tiles list?

It listed on the NSE on 21 Mar 2006 at ₹180.00 and closed the day at ₹183.25, up 9.08% on the ₹168 issue price.

Who is the registrar of the Nitco Tiles 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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