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Magnum Ventures Limited IPO

Magnum Ventures Limited was a mainboard IPO, offered at ₹27–₹30 per share to raise ₹176 crore. It listed on 20 Sep 2007 and closed its first day at ₹49, a listing gain of +64.7% versus the ₹30 issue price. It now trades around ₹18 (-40.7% versus the issue price).

Frequently asked questions

What were the Magnum Ventures Limited IPO listing gains?
Magnum Ventures Limited listed on 20 Sep 2007, closing its first day at ₹49 — a listing gain of +64.7% versus the ₹30 issue price.
What was the price band and lot size of the Magnum Ventures Limited IPO?
The price band was ₹27–₹30 per share.