Exchanges
BSE, NSE
Industry
Garments & Apparels
Issue
Book building

Sudar Garments IPO

₹113.10

+46.88% on listing

Listing-day close · NSE · 11 Mar 2011 · issue price ₹77

Sudar Garments’ ₹69.98 crore IPO was priced at ₹77 a share. It listed on the NSE on 11 Mar 2011 and closed its first day at ₹113.10, up 46.88% on the issue price.

Timeline

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

Issue details

Issue size
₹69.98 Cr
Fresh issue
₹69.98 Cr
Offer for sale
—
Lot size
81 shares
Minimum investment
₹6,237
Face value
₹10
Registrar
MUFG Intime India

Subscription

Sudar Garments IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—1.30×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹14.28 Cr
ROE
31.80%
ROCE
22.10%
Promoter holding
90.09% → 45.94%

From the offer documents.

Listing

Listing date
11 Mar 2011
Issue price
₹77
Open
₹80.05
High
₹117.35
Low
₹80.05
Close
₹113.10

Listing day on the NSE. The close was +46.88% on the issue price.

FAQs

When did the Sudar Garments IPO open and close?

It opened on 21 Feb 2011 and closed on 24 Feb 2011.

What was the Sudar Garments IPO price?

The price band was ₹72–77 a share. The final issue price was ₹77.

What is the lot size and minimum investment?

One lot is 81 shares, ₹6,237 at ₹77 a share. Retail investors apply in whole lots.

How much did Sudar Garments raise?

₹69.98 crore: ₹69.98 crore of new shares.

How many times was the Sudar Garments IPO subscribed?

1.30 times overall.

How did Sudar Garments list?

It listed on the NSE on 11 Mar 2011 at ₹80.05 and closed the day at ₹113.10, up 46.88% on the ₹77 issue price.

Who is the registrar of the Sudar Garments 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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