Exchanges
BSE, NSE
Issue
Book building

Visa Steel IPO

₹56.80

−0.35% on listing

Listing-day close · 17 Mar 2006 · issue price ₹57

Visa Steel’s ₹200 crore IPO was priced at ₹57 a share. It listed on 17 Mar 2006 and closed its first day at ₹56.80, down 0.35% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Listing

Issue details

Issue size
₹200 Cr
Fresh issue
₹200 Cr
Offer for sale
—
Lot size
100 shares
Minimum investment
₹5,700
Face value
₹10
Registrar
Kfin Technologies

Subscription

Visa Steel IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—6.44×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹627 Cr
P/E (post-issue)
45.7
EPS (post-issue)
₹1.25
Price to book
4.5
Debt to equity
1.31
Promoter holding
100.00% → 72.73%

Financials as of 31 Dec 2005, from the offer documents.

Listing

Listing date
17 Mar 2006
Issue price
₹57
Open
—
High
—
Low
—
Close
₹56.80

Listing day. The close was −0.35% on the issue price.

VISASTEEL share price today

FAQs

When did the Visa Steel IPO open and close?

It opened on 23 Feb 2006 and closed on 27 Feb 2006.

What was the Visa Steel IPO price?

The price band was ₹52–57 a share. The final issue price was ₹57.

What is the lot size and minimum investment?

One lot is 100 shares, ₹5,700 at ₹57 a share. Retail investors apply in whole lots.

How much did Visa Steel raise?

₹200 crore: ₹200 crore of new shares.

How many times was the Visa Steel IPO subscribed?

6.44 times overall.

How did Visa Steel list?

It listed on 17 Mar 2006 and closed the day at ₹56.80, down 0.35% on the ₹57 issue price.

Who is the registrar of the Visa Steel IPO?

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

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

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