Exchanges
BSE, NSE
Industry
Auto Components & Equipments
Issue
Book building

Sandhar Technologies IPO

₹322.15

−2.97% on listing

Listing-day close · NSE · 2 Apr 2018 · issue price ₹332

Sandhar Technologies’ ₹512 crore IPO was priced at ₹332 a share. It listed on the NSE on 2 Apr 2018 and closed its first day at ₹322.15, down 2.97% on the issue price.

Timeline

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

Issue details

Issue size
₹512 Cr
Fresh issue
₹300 Cr
Offer for sale
₹212 Cr
Lot size
45 shares
Minimum investment
₹14,940
Face value
₹10
Registrar
MUFG Intime India

Subscription

Sandhar Technologies IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—4.59×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹1,998 Cr
Promoter holding
82.53% → 70.14%

From the offer documents.

Listing

Listing date
2 Apr 2018
Issue price
₹332
Open
₹346.10
High
₹351.75
Low
₹318.25
Close
₹322.15

Listing day on the NSE. The close was −2.97% on the issue price.

SANDHAR share price today

FAQs

When did the Sandhar Technologies IPO open and close?

It opened on 19 Mar 2018 and closed on 21 Mar 2018.

What was the Sandhar Technologies IPO price?

The price band was ₹327–332 a share. The final issue price was ₹332.

What is the lot size and minimum investment?

One lot is 45 shares, ₹14,940 at ₹332 a share. Retail investors apply in whole lots.

How much did Sandhar Technologies raise?

₹512 crore: ₹300 crore of new shares and ₹212 crore offered by existing shareholders.

How many times was the Sandhar Technologies IPO subscribed?

4.59 times overall.

How did Sandhar Technologies list?

It listed on the NSE on 2 Apr 2018 at ₹346.10 and closed the day at ₹322.15, down 2.97% on the ₹332 issue price.

Who is the registrar of the Sandhar Technologies IPO?

MUFG Intime India handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

Full disclaimer

See how an IPO fits your plan

Armor checks every holding against your goals, risk and timeline.

Get the app