Exchanges
BSE, NSE
Issue
Book building

Pipavav Shipyard IPO

₹56.70

−2.24% on listing

Listing-day close · NSE · 9 Oct 2009 · issue price ₹58

Pipavav Shipyard’s ₹499 crore IPO was priced at ₹58 a share. It listed on the NSE on 9 Oct 2009 and closed its first day at ₹56.70, down 2.24% on the issue price.

Timeline

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

Issue details

Issue size
₹499 Cr
Fresh issue
₹499 Cr
Offer for sale
—
Lot size
110 shares
Minimum investment
₹6,380
Face value
₹10
Registrar
Kfin Technologies

Subscription

Pipavav Shipyard IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—6.86×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹3,862 Cr
Promoter holding
45.38% → 39.56%

From the offer documents.

Listing

Listing date
9 Oct 2009
Issue price
₹58
Open
₹61.10
High
₹61.10
Low
₹53.85
Close
₹56.70

Listing day on the NSE. The close was −2.24% on the issue price.

FAQs

When did the Pipavav Shipyard IPO open and close?

It opened on 16 Sep 2009 and closed on 18 Sep 2009.

What was the Pipavav Shipyard IPO price?

The price band was ₹55–60 a share. The final issue price was ₹58.

What is the lot size and minimum investment?

One lot is 110 shares, ₹6,380 at ₹58 a share. Retail investors apply in whole lots.

How much did Pipavav Shipyard raise?

₹499 crore: ₹499 crore of new shares.

How many times was the Pipavav Shipyard IPO subscribed?

6.86 times overall.

How did Pipavav Shipyard list?

It listed on the NSE on 9 Oct 2009 at ₹61.10 and closed the day at ₹56.70, down 2.24% on the ₹58 issue price.

Who is the registrar of the Pipavav Shipyard 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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