Exchanges
BSE
Industry
Iron & Steel Products
Issue
Fixed price

Rathi Bars IPO

₹31.90

−8.86% on listing

Listing-day close · BSE · 23 Nov 2007 · issue price ₹35

Rathi Bars’ ₹25 crore IPO was priced at ₹35 a share. It listed on the BSE on 23 Nov 2007 and closed its first day at ₹31.90, down 8.86% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Listing

Issue details

Issue size
₹25 Cr
Fresh issue
₹25 Cr
Offer for sale
—
Lot size
150 shares
Minimum investment
₹5,250
Face value
₹10
Registrar
MAS Services

Subscription

Rathi Bars IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—2.24×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹57.16 Cr
Promoter holding
100.00% → 56.26%

From the offer documents.

Listing

Listing date
23 Nov 2007
Issue price
₹35
Open
₹38.00
High
₹45.00
Low
₹31.00
Close
₹31.90

Listing day on the BSE. The close was −8.86% on the issue price.

FAQs

When did the Rathi Bars IPO open and close?

It opened on 18 Oct 2007 and closed on 23 Oct 2007.

What was the Rathi Bars IPO price?

The price was ₹35 a share.

What is the lot size and minimum investment?

One lot is 150 shares, ₹5,250 at ₹35 a share. Retail investors apply in whole lots.

How much did Rathi Bars raise?

₹25 crore: ₹25 crore of new shares.

How many times was the Rathi Bars IPO subscribed?

2.24 times overall.

How did Rathi Bars list?

It listed on the BSE on 23 Nov 2007 at ₹38.00 and closed the day at ₹31.90, down 8.86% on the ₹35 issue price.

Who is the registrar of the Rathi Bars IPO?

MAS 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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