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Somi Conveyor Beltings IPO

₹25.90

−26.00% on listing

Listing-day close · BSE · 24 Jul 2008 · issue price ₹35

Somi Conveyor Beltings’ ₹21.80 crore IPO was priced at ₹35 a share. It listed on the BSE on 24 Jul 2008 and closed its first day at ₹25.90, down 26.00% on the issue price.

Timeline

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

Issue details

Issue size
₹21.80 Cr
Fresh issue
₹21.80 Cr
Offer for sale
—
Lot size
200 shares
Minimum investment
₹7,000
Face value
₹10
Registrar
Mondkar Computers

Subscription

Somi Conveyor Beltings IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—1.97×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹41.23 Cr
Promoter holding
85.20% → 52.88%

From the offer documents.

Listing

Listing date
24 Jul 2008
Issue price
₹35
Open
₹37.65
High
₹37.65
Low
₹24.70
Close
₹25.90

Listing day on the BSE. The close was −26.00% on the issue price.

SOMICONVEY share price today

FAQs

When did the Somi Conveyor Beltings IPO open and close?

It opened on 24 Jun 2008 and closed on 27 Jun 2008.

What was the Somi Conveyor Beltings IPO price?

The price was ₹35 a share.

What is the lot size and minimum investment?

One lot is 200 shares, ₹7,000 at ₹35 a share. Retail investors apply in whole lots.

How much did Somi Conveyor Beltings raise?

₹21.80 crore: ₹21.80 crore of new shares.

How many times was the Somi Conveyor Beltings IPO subscribed?

1.97 times overall.

How did Somi Conveyor Beltings list?

It listed on the BSE on 24 Jul 2008 at ₹37.65 and closed the day at ₹25.90, down 26.00% on the ₹35 issue price.

Who is the registrar of the Somi Conveyor Beltings IPO?

Mondkar Computers handles the allotment, refunds and credit of shares.

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

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