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Readymade Steel India IPO

₹66.45

−38.47% on listing

Listing-day close · BSE · 13 Jul 2011 · issue price ₹108

Readymade Steel India’s ₹34.75 crore IPO was priced at ₹108 a share. It listed on the BSE on 13 Jul 2011 and closed its first day at ₹66.45, down 38.47% on the issue price.

Timeline

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

Issue details

Issue size
₹34.75 Cr
Fresh issue
₹34.75 Cr
Offer for sale
—
Lot size
60 shares
Minimum investment
₹6,480
Face value
₹10
Registrar
Bigshare Services

Subscription

Readymade Steel India IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—1.91×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹127 Cr
Promoter holding
88.83% → 64.44%

From the offer documents.

Listing

Listing date
13 Jul 2011
Issue price
₹108
Open
₹115.00
High
₹117.75
Low
₹62.30
Close
₹66.45

Listing day on the BSE. The close was −38.47% on the issue price.

KRIDHANINF share price today

FAQs

When did the Readymade Steel India IPO open and close?

It opened on 27 Jun 2011 and closed on 29 Jun 2011.

What was the Readymade Steel India IPO price?

The price band was ₹90–108 a share. The final issue price was ₹108.

What is the lot size and minimum investment?

One lot is 60 shares, ₹6,480 at ₹108 a share. Retail investors apply in whole lots.

How much did Readymade Steel India raise?

₹34.75 crore: ₹34.75 crore of new shares.

How many times was the Readymade Steel India IPO subscribed?

1.91 times overall.

How did Readymade Steel India list?

It listed on the BSE on 13 Jul 2011 at ₹115.00 and closed the day at ₹66.45, down 38.47% on the ₹108 issue price.

Who is the registrar of the Readymade Steel India 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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