Exchanges
BSE, NSE
Industry
Paper & Paper Products
Issue
Book building

Ruchira Papers IPO

₹21.05

−8.48% on listing

Listing-day close · NSE · 20 Dec 2006 · issue price ₹23

Ruchira Papers’ ₹28.50 crore IPO was priced at ₹23 a share. It listed on the NSE on 20 Dec 2006 and closed its first day at ₹21.05, down 8.48% on the issue price.

Timeline

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

Issue details

Issue size
₹28.50 Cr
Fresh issue
₹28.50 Cr
Offer for sale
—
Lot size
250 shares
Minimum investment
₹5,750
Face value
₹10
Registrar
MUFG Intime India

Subscription

Ruchira Papers IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—2.52×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹51.57 Cr
Price to book
0.8
Promoter holding
93.71% → 51.62%

Financials as of 30 Sep 2006, from the offer documents.

Listing

Listing date
20 Dec 2006
Issue price
₹23
Open
₹24.00
High
₹24.50
Low
₹20.70
Close
₹21.05

Listing day on the NSE. The close was −8.48% on the issue price.

RUCHIRA share price today

FAQs

When did the Ruchira Papers IPO open and close?

It opened on 23 Nov 2006 and closed on 29 Nov 2006.

What was the Ruchira Papers IPO price?

The price band was ₹21–23 a share. The final issue price was ₹23.

What is the lot size and minimum investment?

One lot is 250 shares, ₹5,750 at ₹23 a share. Retail investors apply in whole lots.

How much did Ruchira Papers raise?

₹28.50 crore: ₹28.50 crore of new shares.

How many times was the Ruchira Papers IPO subscribed?

2.52 times overall.

How did Ruchira Papers list?

It listed on the NSE on 20 Dec 2006 at ₹24.00 and closed the day at ₹21.05, down 8.48% on the ₹23 issue price.

Who is the registrar of the Ruchira Papers 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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