Exchanges
BSE
Issue
Book building

Suryachakra Power Corp. IPO

₹22.35

+11.75% on listing

Listing-day close · BSE · 23 Jul 2007 · issue price ₹20

Suryachakra Power Corp.’s ₹68 crore IPO was priced at ₹20 a share. It listed on the BSE on 23 Jul 2007 and closed its first day at ₹22.35, up 11.75% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Listing

Issue details

Issue size
₹68 Cr
Fresh issue
₹68 Cr
Offer for sale
—
Lot size
300 shares
Minimum investment
₹6,000
Face value
₹10
Registrar
Kfin Technologies

Subscription

Suryachakra Power Corp. IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—1.94×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹153 Cr
Promoter holding
78.28% → 43.53%

From the offer documents.

Listing

Listing date
23 Jul 2007
Issue price
₹20
Open
₹30.00
High
₹30.00
Low
₹21.00
Close
₹22.35

Listing day on the BSE. The close was +11.75% on the issue price.

FAQs

When did the Suryachakra Power Corp. IPO open and close?

It opened on 25 Jun 2007 and closed on 29 Jun 2007.

What was the Suryachakra Power Corp. IPO price?

The price band was ₹17–20 a share. The final issue price was ₹20.

What is the lot size and minimum investment?

One lot is 300 shares, ₹6,000 at ₹20 a share. Retail investors apply in whole lots.

How much did Suryachakra Power Corp. raise?

₹68 crore: ₹68 crore of new shares.

How many times was the Suryachakra Power Corp. IPO subscribed?

1.94 times overall.

How did Suryachakra Power Corp. list?

It listed on the BSE on 23 Jul 2007 at ₹30.00 and closed the day at ₹22.35, up 11.75% on the ₹20 issue price.

Who is the registrar of the Suryachakra Power Corp. IPO?

Kfin Technologies handles the allotment, refunds and credit of shares.

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

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