Exchanges
BSE, NSE
Industry
Specialty Chemicals
Issue
Book building

Platinum Industries IPO

₹221.20

+29.36% on listing

Listing-day close · NSE · 5 Mar 2024 · issue price ₹171

Platinum Industries’ ₹235 crore IPO was priced at ₹171 a share. It listed on the NSE on 5 Mar 2024 and closed its first day at ₹221.20, up 29.36% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹235 Cr
Fresh issue
₹235 Cr
Offer for sale
—
Lot size
87 shares
Minimum investment
₹14,877
Face value
₹10
Registrar
Bigshare Services

Subscription

Platinum Industries IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—69.40×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹939 Cr
P/E (post-issue)
20.6
EPS (post-issue)
₹8.31
Price to book
11.1
ROE
90.02%
ROCE
56.85%
Debt to equity
0.28
PAT margin
9.32%
Promoter holding
94.74% → 70.99%

From the offer documents.

Listing

Listing date
5 Mar 2024
Issue price
₹171
Open
₹225.00
High
₹236.25
Low
₹221.00
Close
₹221.20

Listing day on the NSE. The close was +29.36% on the issue price.

Platinum Industries share price today

FAQs

When did the Platinum Industries IPO open and close?

It opened on 27 Feb 2024 and closed on 29 Feb 2024.

What was the Platinum Industries IPO price?

The price band was ₹162–171 a share. The final issue price was ₹171.

What is the lot size and minimum investment?

One lot is 87 shares, ₹14,877 at ₹171 a share. Retail investors apply in whole lots.

How much did Platinum Industries raise?

₹235 crore: ₹235 crore of new shares.

How many times was the Platinum Industries IPO subscribed?

69.40 times overall.

How did Platinum Industries list?

It listed on the NSE on 5 Mar 2024 at ₹225.00 and closed the day at ₹221.20, up 29.36% on the ₹171 issue price.

Who is the registrar of the Platinum Industries IPO?

Bigshare Services handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

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