Exchanges
BSE, NSE
Issue
Fixed price

Ramkrishna Forgings IPO

₹38.30

+91.50% on listing

Listing-day close · 5 May 2004 · issue price ₹20

Ramkrishna Forgings’ ₹16.95 crore IPO was priced at ₹20 a share. It listed on 5 May 2004 and closed its first day at ₹38.30, up 91.50% on the issue price.

Timeline

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

Issue details

Issue size
₹16.95 Cr
Fresh issue
₹16.95 Cr
Offer for sale
—
Lot size
100 shares
Minimum investment
₹2,000
Face value
₹10
Registrar
Kfin Technologies

Subscription

Ramkrishna Forgings IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—4.89×

Overall, from the basis of allotment.

Financials and valuation

Promoter holding
90.90% → 47.31%

From the offer documents.

Listing

Listing date
5 May 2004
Issue price
₹20
Open
—
High
—
Low
—
Close
₹38.30

Listing day. The close was +91.50% on the issue price.

RKFORGE share price today

FAQs

When did the Ramkrishna Forgings IPO open and close?

It opened on 2 Apr 2004 and closed on 10 Apr 2004.

What was the Ramkrishna Forgings IPO price?

The price was ₹20 a share.

What is the lot size and minimum investment?

One lot is 100 shares, ₹2,000 at ₹20 a share. Retail investors apply in whole lots.

How much did Ramkrishna Forgings raise?

₹16.95 crore: ₹16.95 crore of new shares.

How many times was the Ramkrishna Forgings IPO subscribed?

4.89 times overall.

How did Ramkrishna Forgings list?

It listed on 5 May 2004 and closed the day at ₹38.30, up 91.50% on the ₹20 issue price.

Who is the registrar of the Ramkrishna Forgings 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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