Exchanges
BSE, NSE
Issue
Book building

S.Chand & Co. IPO

₹676.00

+0.90% on listing

Listing-day close · NSE · 9 May 2017 · issue price ₹670

S.Chand & Co.’s ₹729 crore IPO was priced at ₹670 a share. It listed on the NSE on 9 May 2017 and closed its first day at ₹676.00, up 0.90% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹729 Cr
Fresh issue
₹325 Cr
Offer for sale
₹404 Cr
Lot size
22 shares
Minimum investment
₹14,740
Face value
₹5
Registrar
MUFG Intime India

Subscription

S.Chand & Co. IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—42.19×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹2,325 Cr
Promoter holding
58.33% → 46.69%

From the offer documents.

Listing

Listing date
9 May 2017
Issue price
₹670
Open
₹700.00
High
₹700.00
Low
₹658.20
Close
₹676.00

Listing day on the NSE. The close was +0.90% on the issue price.

SCHAND share price today

FAQs

When did the S.Chand & Co. IPO open and close?

It opened on 26 Apr 2017 and closed on 28 Apr 2017.

What was the S.Chand & Co. IPO price?

The price band was ₹660–670 a share. The final issue price was ₹670.

What is the lot size and minimum investment?

One lot is 22 shares, ₹14,740 at ₹670 a share. Retail investors apply in whole lots.

How much did S.Chand & Co. raise?

₹729 crore: ₹325 crore of new shares and ₹404 crore offered by existing shareholders.

How many times was the S.Chand & Co. IPO subscribed?

42.19 times overall.

How did S.Chand & Co. list?

It listed on the NSE on 9 May 2017 at ₹700.00 and closed the day at ₹676.00, up 0.90% on the ₹670 issue price.

Who is the registrar of the S.Chand & Co. 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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