- Exchanges
- BSE, NSE
- Issue
- Book building
Tulip IT Services IPO
₹183.80
+53.17% on listing
Listing-day close · NSE · 5 Jan 2006 · issue price ₹120
Tulip IT Services’ ₹108 crore IPO was priced at ₹120 a share. It listed on the NSE on 5 Jan 2006 and closed its first day at ₹183.80, up 53.17% on the issue price.
Timeline
- Opens
- Closes
- Allotment
- Listing
Issue details
- Issue size
- ₹108 Cr
- Fresh issue
- ₹108 Cr
- Offer for sale
- —
- Lot size
- 50 shares
- Minimum investment
- ₹6,000
- Face value
- ₹10
- Registrar
- Kfin Technologies
Subscription
| Category | Shares offered | Times subscribed |
|---|---|---|
| Total | — | 24.75× |
Overall, from the basis of allotment.
Financials and valuation
- Market cap (post-issue)
- ₹348 Cr
- P/E (post-issue)
- 10.4
- EPS (post-issue)
- ₹11.54
- Promoter holding
- 100.00% → 68.97%
Financials as of 30 Sep 2005, from the offer documents.
Listing
- Listing date
- 5 Jan 2006
- Issue price
- ₹120
- Open
- ₹150.00
- High
- ₹202.00
- Low
- ₹150.00
- Close
- ₹183.80
Listing day on the NSE. The close was +53.17% on the issue price.
FAQs
When did the Tulip IT Services IPO open and close?
It opened on 9 Dec 2005 and closed on 15 Dec 2005.
What was the Tulip IT Services IPO price?
The price band was ₹100–120 a share. The final issue price was ₹120.
What is the lot size and minimum investment?
One lot is 50 shares, ₹6,000 at ₹120 a share. Retail investors apply in whole lots.
How much did Tulip IT Services raise?
₹108 crore: ₹108 crore of new shares.
How many times was the Tulip IT Services IPO subscribed?
24.75 times overall.
How did Tulip IT Services list?
It listed on the NSE on 5 Jan 2006 at ₹150.00 and closed the day at ₹183.80, up 53.17% on the ₹120 issue price.
Who is the registrar of the Tulip IT Services IPO?
Kfin Technologies handles the allotment, refunds and credit of shares.
For information only. Not investment advice or a research report.
Full disclaimerSee how an IPO fits your plan
Armor checks every holding against your goals, risk and timeline.
Get the app