Timbor Home IPO (initial public offering) : Settled at 44.76% premium on debut

by khalid on 23/06/2011 · 0 comments

Timbor Home Limited’s shares got debuted at Rs 72.00, a 13.74% premium over its initial public offering (IPO) price of Rs 63.00 on the National Stock Exchange (NSE). At the end of the day, shares price was Rs 91.55 which is a premium of 44.76% over the issue price of Rs 63.00. The stock hit a high of Rs 99.00 and a low of Rs 72.00 on the listing day. A total of 43,714,948 shares changed hands on the NSE. Timbor Home Limited is manufacturer and retailer of Italian style modular kitchen components, door frames, home furniture and accessories. The company has 84 retail outlets, of which 81 are franchise stores and three are self-owned and operated.

Listing day Summary :-
Listing Date: 22nd Jun 2011
BSE Scrip Code : 533444
Listing In : ‘B’ Group of Securities
ISIN : INE346L01016
Issue Price : Rs. 63.00 Per Equity Share
Face Value : Rs. 10.00 Per Equity Share

On the NSE:-
Issue Price: Rs. 63.00
Open : 72.00
High : 99.00
Low : 72.00
Close : 91.55
Last Trade : 91.55

Timbor Home Limited has raised Rs 23.25 crore through an initial public offering (IPO) of 3,690,000 equity shares.

Stay tuned to BelltheBull Blog for more on Timbor Home IPO !

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