Exchanges
BSE, NSE
Issue
Book building

Solar Explosives IPO

₹263.10

+38.47% on listing

Listing-day close · BSE · 3 Apr 2006 · issue price ₹190

Solar Explosives’ ₹83.60 crore IPO was priced at ₹190 a share. It listed on the BSE on 3 Apr 2006 and closed its first day at ₹263.10, up 38.47% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Listing

Issue details

Issue size
₹83.60 Cr
Fresh issue
₹83.60 Cr
Offer for sale
—
Lot size
30 shares
Minimum investment
₹5,700
Face value
₹10
Registrar
MUFG Intime India

Subscription

Solar Explosives IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—13.89×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹329 Cr
P/E (post-issue)
22.0
EPS (post-issue)
₹8.65
Price to book
2.4
Debt to equity
0.51
Promoter holding
100.00% → 74.60%

Financials as of 31 Mar 2005, from the offer documents.

Listing

Listing date
3 Apr 2006
Issue price
₹190
Open
₹219.90
High
₹286.90
Low
₹219.90
Close
₹263.10

Listing day on the BSE. The close was +38.47% on the issue price.

SOLARINDS share price today

FAQs

When did the Solar Explosives IPO open and close?

It opened on 9 Mar 2006 and closed on 13 Mar 2006.

What was the Solar Explosives IPO price?

The price band was ₹170–190 a share. The final issue price was ₹190.

What is the lot size and minimum investment?

One lot is 30 shares, ₹5,700 at ₹190 a share. Retail investors apply in whole lots.

How much did Solar Explosives raise?

₹83.60 crore: ₹83.60 crore of new shares.

How many times was the Solar Explosives IPO subscribed?

13.89 times overall.

How did Solar Explosives list?

It listed on the BSE on 3 Apr 2006 at ₹219.90 and closed the day at ₹263.10, up 38.47% on the ₹190 issue price.

Who is the registrar of the Solar Explosives 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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