Exchanges
BSE, NSE
Industry
Garments & Apparels
Issue
Book building

S.P.Apparels IPO

₹288.75

+7.74% on listing

Listing-day close · NSE · 12 Aug 2016 · issue price ₹268

S.P.Apparels’ ₹239 crore IPO was priced at ₹268 a share. It listed on the NSE on 12 Aug 2016 and closed its first day at ₹288.75, up 7.74% on the issue price.

Timeline

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

Issue details

Issue size
₹239 Cr
Fresh issue
₹215 Cr
Offer for sale
₹24.12 Cr
Lot size
55 shares
Minimum investment
₹14,740
Face value
₹10
Registrar
MUFG Intime India

Subscription

S.P.Apparels IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—2.24×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹699 Cr
Promoter holding
87.49% → 59.60%

From the offer documents.

Listing

Listing date
12 Aug 2016
Issue price
₹268
Open
₹275.00
High
₹288.75
Low
₹275.00
Close
₹288.75

Listing day on the NSE. The close was +7.74% on the issue price.

SPAL share price today

FAQs

When did the S.P.Apparels IPO open and close?

It opened on 2 Aug 2016 and closed on 4 Aug 2016.

What was the S.P.Apparels IPO price?

The price band was ₹258–268 a share. The final issue price was ₹268.

What is the lot size and minimum investment?

One lot is 55 shares, ₹14,740 at ₹268 a share. Retail investors apply in whole lots.

How much did S.P.Apparels raise?

₹239 crore: ₹215 crore of new shares and ₹24.12 crore offered by existing shareholders.

How many times was the S.P.Apparels IPO subscribed?

2.24 times overall.

How did S.P.Apparels list?

It listed on the NSE on 12 Aug 2016 at ₹275.00 and closed the day at ₹288.75, up 7.74% on the ₹268 issue price.

Who is the registrar of the S.P.Apparels 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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