Final price of an IPO on which a company sells its shares to investors.
This is the price at which shares are offered to the public for the first time in an initial public offering (IPO).
It is the price at which investors can purchase shares in the company during the IPO. Investors interested in participating in the IPO can submit bids at or within the price range specified in the IPO prospectus. Upon completion of the bidding process, the final offer price will be determined based on investor demand and other factors.
The offer price will be determined by the issuing company and its underwriters based on various factors, including the company's financial performance, growth prospects, industry trends and market conditions.
For example, the Price Range for the JNK India IPO was Rs 395 to Rs 415, after the completion of the bidding process Rs 415 is determined as the final issue price for JNK India IPO Listing Details.
|
IPO Date |
April 23, 2024 to April 25, 2024 |
|
Listing Date |
April 30, 2024 |
|
Face Value |
₹2 per share |
|
Price Band |
₹395 to ₹415 per share |
|
Lot Size |
36 Shares |
|
Total Issue Size |
16,015,988 shares (aggregating up to ₹649.47 Cr) |
JNK India IPO Listing Details
|
Listing Date |
April 30, 2024 |
|
BSE Script Code |
544167 |
|
NSE Symbol |
JNKINDIA |
|
ISIN |
INE0OAF01028 |
|
Final Issue Price |
₹415 per share |
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