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Power Mech Projects IPO
₹585.75
−8.48% on listing
Listing-day close · BSE · 26 Aug 2015 · issue price ₹640
Power Mech Projects’ ₹273 crore IPO was priced at ₹640 a share. It listed on the BSE on 26 Aug 2015 and closed its first day at ₹585.75, down 8.48% on the issue price.
Timeline
- Opens
- Closes
- Allotment
- Listing
Issue details
- Issue size
- ₹273 Cr
- Fresh issue
- ₹136 Cr
- Offer for sale
- ₹137 Cr
- Lot size
- 20 shares
- Minimum investment
- ₹12,800
- Face value
- ₹10
- Registrar
- Kfin Technologies
Subscription
| Category | Shares offered | Times subscribed |
|---|---|---|
| Total | — | 26.20× |
Overall, from the basis of allotment.
Financials and valuation
- Market cap (post-issue)
- ₹941 Cr
- Promoter holding
- 75.70% → 64.75%
From the offer documents.
Listing
- Listing date
- 26 Aug 2015
- Issue price
- ₹640
- Open
- ₹600.00
- High
- ₹663.10
- Low
- ₹580.00
- Close
- ₹585.75
Listing day on the BSE. The close was −8.48% on the issue price.
POWERMECH share price todayFAQs
When did the Power Mech Projects IPO open and close?
It opened on 7 Aug 2015 and closed on 11 Aug 2015.
What was the Power Mech Projects IPO price?
The price band was ₹615–640 a share. The final issue price was ₹640.
What is the lot size and minimum investment?
One lot is 20 shares, ₹12,800 at ₹640 a share. Retail investors apply in whole lots.
How much did Power Mech Projects raise?
₹273 crore: ₹136 crore of new shares and ₹137 crore offered by existing shareholders.
How many times was the Power Mech Projects IPO subscribed?
26.20 times overall.
How did Power Mech Projects list?
It listed on the BSE on 26 Aug 2015 at ₹600.00 and closed the day at ₹585.75, down 8.48% on the ₹640 issue price.
Who is the registrar of the Power Mech Projects 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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