Exchanges
BSE, NSE
Industry
Residential, Commercial Projects
Issue
Book building

Sobha Developers IPO

₹926.65

+44.79% on listing

Listing-day close · NSE · 20 Dec 2006 · issue price ₹640

Sobha Developers’ ₹569 crore IPO was priced at ₹640 a share. It listed on the NSE on 20 Dec 2006 and closed its first day at ₹926.65, up 44.79% on the issue price.

Timeline

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

Issue details

Issue size
₹569 Cr
Fresh issue
₹569 Cr
Offer for sale
—
Lot size
10 shares
Minimum investment
₹6,400
Face value
₹10
Registrar
MUFG Intime India

Subscription

Sobha Developers IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—113.93×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹4,666 Cr
Price to book
21.4
Promoter holding
98.95% → 86.88%

Financials as of 30 Sep 2006, from the offer documents.

Listing

Listing date
20 Dec 2006
Issue price
₹640
Open
₹1,120.00
High
₹1,248.00
Low
₹918.05
Close
₹926.65

Listing day on the NSE. The close was +44.79% on the issue price.

SOBHA share price today

FAQs

When did the Sobha Developers IPO open and close?

It opened on 23 Nov 2006 and closed on 29 Nov 2006.

What was the Sobha Developers IPO price?

The price band was ₹550–640 a share. The final issue price was ₹640.

What is the lot size and minimum investment?

One lot is 10 shares, ₹6,400 at ₹640 a share. Retail investors apply in whole lots.

How much did Sobha Developers raise?

₹569 crore: ₹569 crore of new shares.

How many times was the Sobha Developers IPO subscribed?

113.93 times overall.

How did Sobha Developers list?

It listed on the NSE on 20 Dec 2006 at ₹1,120.00 and closed the day at ₹926.65, up 44.79% on the ₹640 issue price.

Who is the registrar of the Sobha Developers 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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