Exchanges
BSE, NSE
Issue
Fixed price

Varun Industries IPO

₹112.20

+87.00% on listing

Listing-day close · NSE · 22 Nov 2007 · issue price ₹60

Varun Industries’ ₹54.01 crore IPO was priced at ₹60 a share. It listed on the NSE on 22 Nov 2007 and closed its first day at ₹112.20, up 87.00% on the issue price.

Timeline

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

Issue details

Issue size
₹54.01 Cr
Fresh issue
₹54.01 Cr
Offer for sale
—
Lot size
100 shares
Minimum investment
₹6,000
Face value
₹10
Registrar
Bigshare Services

Subscription

Varun Industries IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—36.47×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹133 Cr
Promoter holding
83.25% → 60.36%

From the offer documents.

Listing

Listing date
22 Nov 2007
Issue price
₹60
Open
₹105.00
High
₹140.00
Low
₹93.60
Close
₹112.20

Listing day on the NSE. The close was +87.00% on the issue price.

FAQs

When did the Varun Industries IPO open and close?

It opened on 25 Oct 2007 and closed on 31 Oct 2007.

What was the Varun Industries IPO price?

The price was ₹60 a share.

What is the lot size and minimum investment?

One lot is 100 shares, ₹6,000 at ₹60 a share. Retail investors apply in whole lots.

How much did Varun Industries raise?

₹54.01 crore: ₹54.01 crore of new shares.

How many times was the Varun Industries IPO subscribed?

36.47 times overall.

How did Varun Industries list?

It listed on the NSE on 22 Nov 2007 at ₹105.00 and closed the day at ₹112.20, up 87.00% on the ₹60 issue price.

Who is the registrar of the Varun Industries IPO?

Bigshare Services handles the allotment, refunds and credit of shares.

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

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