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Shri Ramrupai Balaji Steels IPO
₹23.65
+7.50% on listing
Listing-day close · NSE · 2 Aug 2005 · issue price ₹22
Shri Ramrupai Balaji Steels’ ₹44 crore IPO was priced at ₹22 a share. It listed on the NSE on 2 Aug 2005 and closed its first day at ₹23.65, up 7.50% on the issue price.
Timeline
- Opens
- Closes
- Allotment
- Listing
Issue details
- Issue size
- ₹44 Cr
- Fresh issue
- ₹44 Cr
- Offer for sale
- —
- Lot size
- 250 shares
- Minimum investment
- ₹5,500
- Face value
- ₹10
- Registrar
- MUFG Intime India
Subscription
| Category | Shares offered | Times subscribed |
|---|---|---|
| Total | — | 9.23× |
Overall, from the basis of allotment.
Financials and valuation
- Promoter holding
- 100.00% → 69.69%
Financials as of 31 Mar 2005, from the offer documents.
Listing
- Listing date
- 2 Aug 2005
- Issue price
- ₹22
- Open
- ₹27.20
- High
- ₹27.20
- Low
- ₹23.10
- Close
- ₹23.65
Listing day on the NSE. The close was +7.50% on the issue price.
FAQs
When did the Shri Ramrupai Balaji Steels IPO open and close?
It opened on 8 Jul 2005 and closed on 14 Jul 2005.
What was the Shri Ramrupai Balaji Steels IPO price?
The price band was ₹20–22 a share. The final issue price was ₹22.
What is the lot size and minimum investment?
One lot is 250 shares, ₹5,500 at ₹22 a share. Retail investors apply in whole lots.
How much did Shri Ramrupai Balaji Steels raise?
₹44 crore: ₹44 crore of new shares.
How many times was the Shri Ramrupai Balaji Steels IPO subscribed?
9.23 times overall.
How did Shri Ramrupai Balaji Steels list?
It listed on the NSE on 2 Aug 2005 at ₹27.20 and closed the day at ₹23.65, up 7.50% on the ₹22 issue price.
Who is the registrar of the Shri Ramrupai Balaji Steels 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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