Exchanges
BSE, NSE
Issue
Book building

Nitin Fire Protection Industries IPO

₹484.85

+155.18% on listing

Listing-day close · NSE · 5 Jun 2007 · issue price ₹190

Nitin Fire Protection Industries’ ₹64.47 crore IPO was priced at ₹190 a share. It listed on the NSE on 5 Jun 2007 and closed its first day at ₹484.85, up 155.18% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Listing

Issue details

Issue size
₹64.47 Cr
Fresh issue
₹64.47 Cr
Offer for sale
—
Lot size
35 shares
Minimum investment
₹6,650
Face value
₹10
Registrar
Bigshare Services

Subscription

Nitin Fire Protection Industries IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—47.84×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹239 Cr
Promoter holding
95.06% → 69.49%

From the offer documents.

Listing

Listing date
5 Jun 2007
Issue price
₹190
Open
₹332.50
High
₹517.00
Low
₹332.50
Close
₹484.85

Listing day on the NSE. The close was +155.18% on the issue price.

FAQs

When did the Nitin Fire Protection Industries IPO open and close?

It opened on 15 May 2007 and closed on 18 May 2007.

What was the Nitin Fire Protection Industries IPO price?

The price band was ₹171–190 a share. The final issue price was ₹190.

What is the lot size and minimum investment?

One lot is 35 shares, ₹6,650 at ₹190 a share. Retail investors apply in whole lots.

How much did Nitin Fire Protection Industries raise?

₹64.47 crore: ₹64.47 crore of new shares.

How many times was the Nitin Fire Protection Industries IPO subscribed?

47.84 times overall.

How did Nitin Fire Protection Industries list?

It listed on the NSE on 5 Jun 2007 at ₹332.50 and closed the day at ₹484.85, up 155.18% on the ₹190 issue price.

Who is the registrar of the Nitin Fire Protection Industries 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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