Narnolia Financial Services is the book running lead manager and Skyline Financial Services is the registrar to the issue. Ahead of its IPO, the company has allotted 15,72,000 shares to anchor investors – India Ahead Venture Trust, Founders Collective Fund, Meru Investment Fund PCC – CELL 1 and AG Dynamics – at a price of ₹92 per share.
Ravi Agarwal CEO and founder, Cellecor Gadgets
The IPO issue comprises the sale of 55.18 lakh fresh equity shares, each with a face value of ₹10, totalling ₹50.77 crore. The company’s shares are proposed to be listed on the NSE Emerge Platform (SME). The lot size for the IPO is set at 1,200 equity shares, with each lot priced at ₹110,400 at the upper end of the price band. Retail investors will be eligible to apply for a single lot, while non-institutional investors have the option to bid for at least two lots.
Denne historien er fra September 25, 2023-utgaven av Dalal Street Investment Journal.
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Denne historien er fra September 25, 2023-utgaven av Dalal Street Investment Journal.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
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