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S.A.L.Steel IPO
₹19.55
+39.64% on listing
Listing-day close · 24 Nov 2004 · issue price ₹14
S.A.L.Steel’s ₹58.80 crore IPO was priced at ₹14 a share. It listed on 24 Nov 2004 and closed its first day at ₹19.55, up 39.64% on the issue price.
Timeline
- Opens
- Closes
- Allotment
- Listing
Issue details
- Issue size
- ₹58.80 Cr
- Fresh issue
- ₹58.80 Cr
- Offer for sale
- —
- Lot size
- 500 shares
- Minimum investment
- ₹7,000
- Face value
- ₹10
- Registrar
- Kfin Technologies
Subscription
| Category | Shares offered | Times subscribed |
|---|---|---|
| Total | — | 18.83× |
Overall, from the basis of allotment.
Financials and valuation
- Promoter holding
- 97.57% → 49.34%
Financials as of 31 Mar 2004, from the offer documents.
Listing
- Listing date
- 24 Nov 2004
- Issue price
- ₹14
- Open
- —
- High
- —
- Low
- —
- Close
- ₹19.55
Listing day. The close was +39.64% on the issue price.
SALSTEEL share price todayFAQs
When did the S.A.L.Steel IPO open and close?
It opened on 1 Nov 2004 and closed on 5 Nov 2004.
What was the S.A.L.Steel IPO price?
The price band was ₹12–14 a share. The final issue price was ₹14.
What is the lot size and minimum investment?
One lot is 500 shares, ₹7,000 at ₹14 a share. Retail investors apply in whole lots.
How much did S.A.L.Steel raise?
₹58.80 crore: ₹58.80 crore of new shares.
How many times was the S.A.L.Steel IPO subscribed?
18.83 times overall.
How did S.A.L.Steel list?
It listed on 24 Nov 2004 and closed the day at ₹19.55, up 39.64% on the ₹14 issue price.
Who is the registrar of the S.A.L.Steel 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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