Exchanges
BSE
Issue
Fixed price

Usher Agro IPO

₹16.20

+8.00% on listing

Listing-day close · BSE · 6 Oct 2006 · issue price ₹15

Usher Agro’s ₹18.02 crore IPO was priced at ₹15 a share. It listed on the BSE on 6 Oct 2006 and closed its first day at ₹16.20, up 8.00% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Listing

Issue details

Issue size
₹18.02 Cr
Fresh issue
₹18.02 Cr
Offer for sale
—
Lot size
400 shares
Minimum investment
₹6,000
Face value
₹10
Registrar
Investor Services of India

Subscription

Usher Agro IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—2.04×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹27.02 Cr
Promoter holding
58.71% → 37.32%

Financials as of 30 Jun 2006, from the offer documents.

Listing

Listing date
6 Oct 2006
Issue price
₹15
Open
₹19.35
High
₹19.35
Low
₹14.90
Close
₹16.20

Listing day on the BSE. The close was +8.00% on the issue price.

FAQs

When did the Usher Agro IPO open and close?

It opened on 5 Sep 2006 and closed on 11 Sep 2006.

What was the Usher Agro IPO price?

The price was ₹15 a share.

What is the lot size and minimum investment?

One lot is 400 shares, ₹6,000 at ₹15 a share. Retail investors apply in whole lots.

How much did Usher Agro raise?

₹18.02 crore: ₹18.02 crore of new shares.

How many times was the Usher Agro IPO subscribed?

2.04 times overall.

How did Usher Agro list?

It listed on the BSE on 6 Oct 2006 at ₹19.35 and closed the day at ₹16.20, up 8.00% on the ₹15 issue price.

Who is the registrar of the Usher Agro IPO?

Investor Services of India handles the allotment, refunds and credit of shares.

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

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