Exchanges
BSE, NSE
Issue
Book building

Titagarh Wagons IPO

₹706.85

+30.90% on listing

Listing-day close · NSE · 21 Apr 2008 · issue price ₹540

Titagarh Wagons’ ₹129 crore IPO was priced at ₹540 a share. It listed on the NSE on 21 Apr 2008 and closed its first day at ₹706.85, up 30.90% on the issue price.

Timeline

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

Issue details

Issue size
₹129 Cr
Fresh issue
₹112 Cr
Offer for sale
₹17.05 Cr
Lot size
10 shares
Minimum investment
₹5,400
Face value
₹10
Registrar
Kfin Technologies

Subscription

Titagarh Wagons IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—6.80×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹996 Cr
Promoter holding
56.77% → 49.25%

From the offer documents.

Listing

Listing date
21 Apr 2008
Issue price
₹540
Open
₹540.00
High
₹734.70
Low
₹540.00
Close
₹706.85

Listing day on the NSE. The close was +30.90% on the issue price.

TWL share price today

FAQs

When did the Titagarh Wagons IPO open and close?

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

What was the Titagarh Wagons IPO price?

The price band was ₹540–610 a share. The final issue price was ₹540.

What is the lot size and minimum investment?

One lot is 10 shares, ₹5,400 at ₹540 a share. Retail investors apply in whole lots.

How much did Titagarh Wagons raise?

₹129 crore: ₹112 crore of new shares and ₹17.05 crore offered by existing shareholders.

How many times was the Titagarh Wagons IPO subscribed?

6.80 times overall.

How did Titagarh Wagons list?

It listed on the NSE on 21 Apr 2008 at ₹540.00 and closed the day at ₹706.85, up 30.90% on the ₹540 issue price.

Who is the registrar of the Titagarh Wagons IPO?

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

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

Full disclaimer

See how an IPO fits your plan

Armor checks every holding against your goals, risk and timeline.

Get the app