Exchanges
BSE, NSE
Industry
Gems, Jewellery And Watches
Issue
Book building

SRS IPO

₹33.25

−42.67% on listing

Listing-day close · NSE · 16 Sep 2011 · issue price ₹58

SRS’ ₹203 crore IPO was priced at ₹58 a share. It listed on the NSE on 16 Sep 2011 and closed its first day at ₹33.25, down 42.67% on the issue price.

Timeline

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

Issue details

Issue size
₹203 Cr
Fresh issue
₹203 Cr
Offer for sale
—
Lot size
100 shares
Minimum investment
₹5,800
Face value
₹10
Registrar
Beetal Financial & Computer Services

Subscription

SRS IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—1.21×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹808 Cr
ROCE
13.60%
Promoter holding
98.89% → 74.04%

From the offer documents.

Listing

Listing date
16 Sep 2011
Issue price
₹58
Open
₹68.00
High
₹68.00
Low
₹31.50
Close
₹33.25

Listing day on the NSE. The close was −42.67% on the issue price.

FAQs

When did the SRS IPO open and close?

It opened on 23 Aug 2011 and closed on 26 Aug 2011.

What was the SRS IPO price?

The price band was ₹58–65 a share. The final issue price was ₹58.

What is the lot size and minimum investment?

One lot is 100 shares, ₹5,800 at ₹58 a share. Retail investors apply in whole lots.

How much did SRS raise?

₹203 crore: ₹203 crore of new shares.

How many times was the SRS IPO subscribed?

1.21 times overall.

How did SRS list?

It listed on the NSE on 16 Sep 2011 at ₹68.00 and closed the day at ₹33.25, down 42.67% on the ₹58 issue price.

Who is the registrar of the SRS IPO?

Beetal Financial & Computer Services handles the allotment, refunds and credit of shares.

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

Full disclaimer

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