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Resurgere Mines & Minerals India IPO
₹533.55
+97.61% on listing
Listing-day close · NSE · 1 Sep 2008 · issue price ₹270
Resurgere Mines & Minerals India’s ₹120 crore IPO was priced at ₹270 a share. It listed on the NSE on 1 Sep 2008 and closed its first day at ₹533.55, up 97.61% on the issue price.
Timeline
- Opens
- Closes
- Allotment
- Listing
Issue details
- Issue size
- ₹120 Cr
- Fresh issue
- ₹120 Cr
- Offer for sale
- —
- Lot size
- 20 shares
- Minimum investment
- ₹5,400
- Face value
- ₹10
- Registrar
- MUFG Intime India
Subscription
| Category | Shares offered | Times subscribed |
|---|---|---|
| Total | — | 1.14× |
Overall, from the basis of allotment.
Financials and valuation
- Market cap (post-issue)
- ₹771 Cr
- Promoter holding
- 66.50% → 56.12%
From the offer documents.
Listing
- Listing date
- 1 Sep 2008
- Issue price
- ₹270
- Open
- ₹285.00
- High
- ₹568.90
- Low
- ₹278.20
- Close
- ₹533.55
Listing day on the NSE. The close was +97.61% on the issue price.
FAQs
When did the Resurgere Mines & Minerals India IPO open and close?
It opened on 11 Aug 2008 and closed on 13 Aug 2008.
What was the Resurgere Mines & Minerals India IPO price?
The price band was ₹263–272 a share. The final issue price was ₹270.
What is the lot size and minimum investment?
One lot is 20 shares, ₹5,400 at ₹270 a share. Retail investors apply in whole lots.
How much did Resurgere Mines & Minerals India raise?
₹120 crore: ₹120 crore of new shares.
How many times was the Resurgere Mines & Minerals India IPO subscribed?
1.14 times overall.
How did Resurgere Mines & Minerals India list?
It listed on the NSE on 1 Sep 2008 at ₹285.00 and closed the day at ₹533.55, up 97.61% on the ₹270 issue price.
Who is the registrar of the Resurgere Mines & Minerals India IPO?
MUFG Intime India handles the allotment, refunds and credit of shares.
For information only. Not investment advice or a research report.
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