- Exchanges
- BSE, NSE
- Industry
- Other Textile Products
- Issue
- Book building
Nitin Spinners IPO
₹26.00
+23.81% on listing
Listing-day close · NSE · 2 Feb 2006 · issue price ₹21
Nitin Spinners’ ₹49 crore IPO was priced at ₹21 a share. It listed on the NSE on 2 Feb 2006 and closed its first day at ₹26.00, up 23.81% on the issue price.
Timeline
- Opens
- Closes
- Allotment
- Listing
Issue details
- Issue size
- ₹49 Cr
- Fresh issue
- ₹49 Cr
- Offer for sale
- —
- Lot size
- 300 shares
- Minimum investment
- ₹6,300
- Face value
- ₹10
- Registrar
- Bigshare Services
Subscription
| Category | Shares offered | Times subscribed |
|---|---|---|
| Total | — | 20.23× |
Overall, from the basis of allotment.
Financials and valuation
- Market cap (post-issue)
- ₹85.75 Cr
- P/E (post-issue)
- 14.3
- EPS (post-issue)
- ₹1.47
- Price to book
- 1.1
- Promoter holding
- 99.99% → 53.35%
Financials as of 30 Sep 2005, from the offer documents.
Listing
- Listing date
- 2 Feb 2006
- Issue price
- ₹21
- Open
- ₹30.00
- High
- ₹32.00
- Low
- ₹25.10
- Close
- ₹26.00
Listing day on the NSE. The close was +23.81% on the issue price.
NITINSPIN share price todayFAQs
When did the Nitin Spinners IPO open and close?
It opened on 6 Jan 2006 and closed on 12 Jan 2006.
What was the Nitin Spinners IPO price?
The price band was ₹18–21 a share. The final issue price was ₹21.
What is the lot size and minimum investment?
One lot is 300 shares, ₹6,300 at ₹21 a share. Retail investors apply in whole lots.
How much did Nitin Spinners raise?
₹49 crore: ₹49 crore of new shares.
How many times was the Nitin Spinners IPO subscribed?
20.23 times overall.
How did Nitin Spinners list?
It listed on the NSE on 2 Feb 2006 at ₹30.00 and closed the day at ₹26.00, up 23.81% on the ₹21 issue price.
Who is the registrar of the Nitin Spinners IPO?
Bigshare Services handles the allotment, refunds and credit of shares.
For information only. Not investment advice or a research report.
Full disclaimerSee how an IPO fits your plan
Armor checks every holding against your goals, risk and timeline.
Get the app