- Exchanges
- BSE, NSE
- Industry
- Sponge Iron
- Issue
- Fixed price
Vikash Metal & Power IPO
₹12.80
−36.00% on listing
Listing-day close · NSE · 28 Nov 2005 · issue price ₹20
Vikash Metal & Power’s ₹37.81 crore IPO was priced at ₹20 a share. It listed on the NSE on 28 Nov 2005 and closed its first day at ₹12.80, down 36.00% on the issue price.
Timeline
- Opens
- Closes
- Allotment
- Listing
Issue details
- Issue size
- ₹37.81 Cr
- Fresh issue
- ₹37.81 Cr
- Offer for sale
- —
- Lot size
- 250 shares
- Minimum investment
- ₹5,000
- Face value
- ₹10
- Registrar
- Maheshwari Datamatics
Subscription
| Category | Shares offered | Times subscribed |
|---|---|---|
| Total | — | 3.67× |
Overall, from the basis of allotment.
Financials and valuation
- Price to book
- 1.6
- Promoter holding
- 97.44% → 61.16%
Financials as of 30 Sep 2005, from the offer documents.
Listing
- Listing date
- 28 Nov 2005
- Issue price
- ₹20
- Open
- ₹12.80
- High
- ₹13.35
- Low
- ₹12.75
- Close
- ₹12.80
Listing day on the NSE. The close was −36.00% on the issue price.
FAQs
When did the Vikash Metal & Power IPO open and close?
It opened on 24 Oct 2005 and closed on 28 Oct 2005.
What was the Vikash Metal & Power IPO price?
The price was ₹20 a share.
What is the lot size and minimum investment?
One lot is 250 shares, ₹5,000 at ₹20 a share. Retail investors apply in whole lots.
How much did Vikash Metal & Power raise?
₹37.81 crore: ₹37.81 crore of new shares.
How many times was the Vikash Metal & Power IPO subscribed?
3.67 times overall.
How did Vikash Metal & Power list?
It listed on the NSE on 28 Nov 2005 at ₹12.80 and closed the day at ₹12.80, down 36.00% on the ₹20 issue price.
Who is the registrar of the Vikash Metal & Power IPO?
Maheshwari Datamatics handles the allotment, refunds and credit of shares.
For information only. Not investment advice or a research report.
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