Share the post "IYKOT HITECH TOOLROOM LTD Launches Rights Issue, Set to Debut on 24-04-2024!"
Iykot Hitech Toolroom Ltd, with Security Code 522245, is a leading player in the Industrial Products industry, categorized under the Industrials sector, offering Equity instruments. the company is entered into the public market through its Rights Issue, set to launch from 24 Apr 2024 to 08 May 2024. Investors have the opportunity to acquire shares priced at 7.00 each, with a face value of Rs5.00 per share, the market lot for this company is 1.
| Security Name | IYKOT HITECH TOOLROOM LTD |
|---|---|
| Start Date | 24-04-2024 |
| End Date | 08-05-2024 |
| Offer Price () | 7.00 |
| Face Value | 5.00 |
| Type Of Issue | RI |
| Issue Status | Live |
| Security Type | Equity |
| Issue Period | 24 Apr 2024 to 08 May 2024 |
| Issue Size – No.of Shares | 1,41,96,000 |
| Price (Inclusive Of Premium) | 7.00 |
| Market Lot | 1 |
| LTP | 15.70 |
| Registrar | CAMEO CORPORATE SERVICES LTD. |
| BSE Bid Quantity (ASBA) | 38,49,417 As on Apr 30 2024 5:00PM |
| Remarks | Notice no:20240423-10 |
| Notes | This issue of up to 1,41,96,000 partly paid-up Equity Shares of face value of Rs 5/- each of our Company for cash at a price of Rs 7 (including a premium of Rs 2 per Rights Equity Share aggregating to Rs 993.72 Lakhs on a rights basis to the Eligible Equity Shareholders of our Company in the ratio of seven (7) Rights Equity Share for every Three (3) fully paid-up Equity Shares held by the Eligible Equity Shareholders on the Record DateOn Application, Investors will have to pay Rs 1.75 per Rights Equity Share which constitutes 25% of the Issue Price and the balance Rs 5.25 per Rights Equity Share which constitutes 75% of the Issue Price, will have to be paid, on the first and final call , as determined by our Board at its sole discretion. Assuming full subscription and receipt of all Call Money with respect to Rights Equity Shares. |
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