Exchanges
BSE, NSE
Industry
Residential, Commercial Projects
Issue
Book building

Orbit Corp. IPO

₹128.20

+16.55% on listing

Listing-day close · NSE · 12 Apr 2007 · issue price ₹110

Orbit Corp.’s ₹100 crore IPO was priced at ₹110 a share. It listed on the NSE on 12 Apr 2007 and closed its first day at ₹128.20, up 16.55% on the issue price.

Timeline

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

Issue details

Issue size
₹100 Cr
Fresh issue
₹100 Cr
Offer for sale
—
Lot size
50 shares
Minimum investment
₹5,500
Face value
₹10
Registrar
MUFG Intime India

Subscription

Orbit Corp. IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—3.72×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹499 Cr
Promoter holding
80.63% → 48.29%

From the offer documents.

Listing

Listing date
12 Apr 2007
Issue price
₹110
Open
₹113.00
High
₹137.60
Low
₹110.15
Close
₹128.20

Listing day on the NSE. The close was +16.55% on the issue price.

FAQs

When did the Orbit Corp. IPO open and close?

It opened on 20 Mar 2007 and closed on 23 Mar 2007.

What was the Orbit Corp. IPO price?

The price band was ₹108–117 a share. The final issue price was ₹110.

What is the lot size and minimum investment?

One lot is 50 shares, ₹5,500 at ₹110 a share. Retail investors apply in whole lots.

How much did Orbit Corp. raise?

₹100 crore: ₹100 crore of new shares.

How many times was the Orbit Corp. IPO subscribed?

3.72 times overall.

How did Orbit Corp. list?

It listed on the NSE on 12 Apr 2007 at ₹113.00 and closed the day at ₹128.20, up 16.55% on the ₹110 issue price.

Who is the registrar of the Orbit Corp. 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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