Exchanges
BSE, NSE
Issue
Book building

Prakash Steelage IPO

₹185.35

+68.50% on listing

Listing-day close · NSE · 25 Aug 2010 · issue price ₹110

Prakash Steelage’s ₹68.75 crore IPO was priced at ₹110 a share. It listed on the NSE on 25 Aug 2010 and closed its first day at ₹185.35, up 68.50% on the issue price.

Timeline

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

Issue details

Issue size
₹68.75 Cr
Fresh issue
₹68.75 Cr
Offer for sale
—
Lot size
60 shares
Minimum investment
₹6,600
Face value
₹10
Registrar
Bigshare Services

Subscription

Prakash Steelage IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—4.18×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹193 Cr
Promoter holding
100.00% → 64.29%

From the offer documents.

Listing

Listing date
25 Aug 2010
Issue price
₹110
Open
₹122.00
High
₹200.00
Low
₹117.00
Close
₹185.35

Listing day on the NSE. The close was +68.50% on the issue price.

PRAKASHSTL share price today

FAQs

When did the Prakash Steelage IPO open and close?

It opened on 5 Aug 2010 and closed on 10 Aug 2010.

What was the Prakash Steelage IPO price?

The price band was ₹100–110 a share. The final issue price was ₹110.

What is the lot size and minimum investment?

One lot is 60 shares, ₹6,600 at ₹110 a share. Retail investors apply in whole lots.

How much did Prakash Steelage raise?

₹68.75 crore: ₹68.75 crore of new shares.

How many times was the Prakash Steelage IPO subscribed?

4.18 times overall.

How did Prakash Steelage list?

It listed on the NSE on 25 Aug 2010 at ₹122.00 and closed the day at ₹185.35, up 68.50% on the ₹110 issue price.

Who is the registrar of the Prakash Steelage IPO?

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

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

Full disclaimer

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