Exchanges
BSE, NSE
Industry
Cables - Electricals
Issue
Book building

Polycab India IPO

₹654.80

+21.71% on listing

Listing-day close · NSE · 16 Apr 2019 · issue price ₹538

Polycab India’s ₹1,345 crore IPO was priced at ₹538 a share. It listed on the NSE on 16 Apr 2019 and closed its first day at ₹654.80, up 21.71% on the issue price.

Timeline

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

Issue details

Issue size
₹1,345 Cr
Fresh issue
₹400 Cr
Offer for sale
₹945 Cr
Lot size
27 shares
Minimum investment
₹14,526
Face value
₹10
Registrar
Kfin Technologies

Subscription

Polycab India IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—36.51×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹7,997 Cr
Promoter holding
78.94% → 68.69%

From the offer documents.

Listing

Listing date
16 Apr 2019
Issue price
₹538
Open
₹633.00
High
₹667.80
Low
₹630.00
Close
₹654.80

Listing day on the NSE. The close was +21.71% on the issue price.

POLYCAB share price today

FAQs

When did the Polycab India IPO open and close?

It opened on 5 Apr 2019 and closed on 9 Apr 2019.

What was the Polycab India IPO price?

The price band was ₹533–538 a share. The final issue price was ₹538.

What is the lot size and minimum investment?

One lot is 27 shares, ₹14,526 at ₹538 a share. Retail investors apply in whole lots.

How much did Polycab India raise?

₹1,345 crore: ₹400 crore of new shares and ₹945 crore offered by existing shareholders.

How many times was the Polycab India IPO subscribed?

36.51 times overall.

How did Polycab India list?

It listed on the NSE on 16 Apr 2019 at ₹633.00 and closed the day at ₹654.80, up 21.71% on the ₹538 issue price.

Who is the registrar of the Polycab India 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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