Share the post "Lynx Machinery Commercials’s IPO Launches Takeover 19-08-2024!"
Lynx Machinery Commercials IPO of Takeover type offers an equity issue (inclusive of premium) with a face value of ₹ 10.00. The issue is live from 19 Aug 2024 to 30 Aug 2024 , with a market lot of 1 shares. This call notice includes , covering ₹10.00 towards face value and the remaining towards securities premium. This is a chance to invest in a well-established company known for its quality and innovation.
| Security Name | LYNX MACHINERY COMMERCIALS LTD |
|---|---|
| Offer Price () | 95.00 |
| Face Value | 10.00 |
| Type Of Issue | Takeover |
| Issue Status | Forthcoming |
| Scripname | LYNX MACHINERY COMMERCIALS LTD |
| Security Type | Equity |
| Symbol | LYNMC |
| Issue Type | Takeover |
| Issue Period | 19 Aug 2024 to 30 Aug 2024 |
| Tick Price | 0.01 |
| Market Lot | 1 |
| Book Size – No. Of Shares | 2,66,639 |
| Minimum Offer Quantity | 1 |
| Maximum Offer Quantity | 2,66,639 |
| Floor Price/Offer Price | 95.00 |
| Indicative Price | |
| Cummulative Bid Quantity | – |
| Name Of Acquirer(s)/Company | Mr. Pradyumna Jajodia (“Acquirer 1”), Mr. Padmanabh Jajodia (“Acquirer 2”), and Mr. Devang Jajodia (“Acquirer 3”) (Acquirer 1, Acquirer 2 and Acquirer 3 are collectively referred to as the “Acquirers”) |
| Buyer Member | Prabhudas Lilladher Private Limited |
| Book Running Lead Manager | PL CAPITAL MARKETS PRIVATE LIMITED |
| Registrar | LINK INTIME INDIA PRIVATE LIMITED |
| Exchange Notices | 1) Opening of Offer to Buy – Acquisition Window (Takeover) of LYNX MACHINERY AND COMMERCIALS LIMITED. |
Lynx Machinery Commercials IPO opens on 19-08-2024, and closes on 30-08-2024
| Start Date | 19-08-2024 |
|---|---|
| End Date | 30-08-2024 |
| Issue Period | 19 Aug 2024 to 30 Aug 2024 |
