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Nitesh Estates IPO
₹51.40
−4.81% on listing
Listing-day close · NSE · 13 May 2010 · issue price ₹54
Nitesh Estates’ ₹405 crore IPO was priced at ₹54 a share. It listed on the NSE on 13 May 2010 and closed its first day at ₹51.40, down 4.81% on the issue price.
Timeline
- Opens
- Closes
- Allotment
- Listing
Issue details
- Issue size
- ₹405 Cr
- Fresh issue
- ₹405 Cr
- Offer for sale
- —
- Lot size
- 100 shares
- Minimum investment
- ₹5,400
- Face value
- ₹10
- Registrar
- Kfin Technologies
Subscription
| Category | Shares offered | Times subscribed |
|---|---|---|
| Total | — | 1.14× |
Overall, from the basis of allotment.
Financials and valuation
- Market cap (post-issue)
- ₹787 Cr
- Promoter holding
- 84.11% → 40.86%
From the offer documents.
Listing
- Listing date
- 13 May 2010
- Issue price
- ₹54
- Open
- ₹54.00
- High
- ₹58.00
- Low
- ₹48.40
- Close
- ₹51.40
Listing day on the NSE. The close was −4.81% on the issue price.
FAQs
When did the Nitesh Estates IPO open and close?
It opened on 23 Apr 2010 and closed on 27 Apr 2010.
What was the Nitesh Estates IPO price?
The price band was ₹54–56 a share. The final issue price was ₹54.
What is the lot size and minimum investment?
One lot is 100 shares, ₹5,400 at ₹54 a share. Retail investors apply in whole lots.
How much did Nitesh Estates raise?
₹405 crore: ₹405 crore of new shares.
How many times was the Nitesh Estates IPO subscribed?
1.14 times overall.
How did Nitesh Estates list?
It listed on the NSE on 13 May 2010 at ₹54.00 and closed the day at ₹51.40, down 4.81% on the ₹54 issue price.
Who is the registrar of the Nitesh Estates 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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