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Tech Mahindra IPO
₹554.25
+51.85% on listing
Listing-day close · NSE · 28 Aug 2006 · issue price ₹365
Tech Mahindra’s ₹465 crore IPO was priced at ₹365 a share. It listed on the NSE on 28 Aug 2006 and closed its first day at ₹554.25, up 51.85% on the issue price.
Timeline
- Opens
- Closes
- Allotment
- Listing
Issue details
- Issue size
- ₹465 Cr
- Fresh issue
- ₹116 Cr
- Offer for sale
- ₹349 Cr
- Lot size
- 16 shares
- Minimum investment
- ₹5,840
- Face value
- ₹10
- Registrar
- MUFG Intime India
Subscription
| Category | Shares offered | Times subscribed |
|---|---|---|
| Total | — | 70.09× |
Overall, from the basis of allotment.
Financials and valuation
- Market cap (post-issue)
- ₹4,229 Cr
- Promoter holding
- 98.49% → 87.53%
Financials as of 31 Mar 2006, from the offer documents.
Listing
- Listing date
- 28 Aug 2006
- Issue price
- ₹365
- Open
- ₹521.00
- High
- ₹569.00
- Low
- ₹502.00
- Close
- ₹554.25
Listing day on the NSE. The close was +51.85% on the issue price.
TECHM share price todayFAQs
When did the Tech Mahindra IPO open and close?
It opened on 1 Aug 2006 and closed on 4 Aug 2006.
What was the Tech Mahindra IPO price?
The price band was ₹315–365 a share. The final issue price was ₹365.
What is the lot size and minimum investment?
One lot is 16 shares, ₹5,840 at ₹365 a share. Retail investors apply in whole lots.
How much did Tech Mahindra raise?
₹465 crore: ₹116 crore of new shares and ₹349 crore offered by existing shareholders.
How many times was the Tech Mahindra IPO subscribed?
70.09 times overall.
How did Tech Mahindra list?
It listed on the NSE on 28 Aug 2006 at ₹521.00 and closed the day at ₹554.25, up 51.85% on the ₹365 issue price.
Who is the registrar of the Tech Mahindra 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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