Share the post "IPO Launch: Pmc Fincorp’s Rights Issue on 07-11-2024!"
An Initial Public Offering (IPO) is a critical financial event that enables a private company to offer its shares to public investors for the first time. By going public, a company can access capital markets to fund growth initiatives, pay off debt, or invest in new projects. The IPO process involves rigorous preparation, including financial audits and regulatory filings to attract investors and establish credibility. Pmc Fincorp IPO of Rights Issue type offers an equity issue (inclusive of premium) with a face value of ₹ 1.00. The issue is live from 07 Nov 2024 to 19 Nov 2024 , with a market lot of 1 shares. This call notice includes , covering ₹1.00 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 | PMC FINCORP LIMITED |
|---|---|
| Offer Price () | 2.75 |
| Face Value | 1.00 |
| Type Of Issue | RI |
| Issue Status | Forthcoming |
| Security Type | Equity |
| Issue Period | 07 Nov 2024 to 19 Nov 2024 |
| Issue Size – No.of Shares | 17,80,20,400 |
| Price (Inclusive Of Premium) | 2.75 |
| Market Lot | 1 |
| LTP | 3.79 |
| Registrar | Skyline Financial Services Private Limited |
| Remarks | Notice no. :20241105-18 |
| Notes | Issue of up to 17,80,20,400 Rights Equity Shares of the face value of Re. 1/- each of the Company for cash at an issue price of Rs. 2.75/- per Rights Equity Share (including a premium of Rs.1.75 per Rights Equity Share) aggregating up to Rs.4,895.56/- Lakh on a rights basis to the Eligible Equity Shareholders of the Company in the ratio of 1 (One) Rights Equity Share for every 3 (Three) Equity Shares held by the Eligible Equity Shareholders of the Company on the Record Date i.e. Friday, October 25, 2024. |
Pmc Fincorp IPO opens on 07-11-2024, and closes on 19-11-2024
| Start Date | 07-11-2024 |
|---|---|
| End Date | 19-11-2024 |
| Issue Period | 07 Nov 2024 to 19 Nov 2024 |
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