Share the post "IPO Launch: Enbee Trade Finance’s Rights Issue on 10-12-2024!"
An IPO, or Initial Public Offering, is when a private company issues shares to the public for the first time, allowing it to raise capital from a diverse pool of investors. This significant step provides the company with the necessary funding to expand and develop while giving early investors a chance to liquidate their holdings. The IPO process typically involves collaboration with investment banks and adherence to strict regulatory standards. Enbee Trade Finance IPO of Rights Issue type offers an equity issue (inclusive of premium) with a face value of ₹ 10.00. The issue is live from 10 Dec 2024 to 30 Dec 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 | ENBEE TRADE FINANCE LTD |
|---|---|
| Offer Price () | 13.00 |
| Face Value | 10.00 |
| Type Of Issue | RI |
| Issue Status | Forthcoming |
| Security Type | Equity |
| Issue Period | 10 Dec 2024 to 30 Dec 2024 |
| Issue Size – No.of Shares | 3,46,76,061 |
| Price (Inclusive Of Premium) | 13.00 |
| Market Lot | 1 |
| LTP | 13.38 |
| Book Running Lead Manager | SAFFRON CAPITAL ADVISORS PRIVATE LIMITED |
| Registrar | CAMEO CORPORATE SERVICES LTD. |
| Remarks | Notice no.:20241209-2 |
| Notes | Issue of Issue of up to 3,46,76,061 Equity Shares of face value of Rs.10 each of the Company for cash at a price of Rs.13/- per Rights Equity Share (including a premium of Rs. 3/- per Rights Equity Share) aggregating up to Rs. 4,507.89 lakhs on a rights basis to the Eligible Equity Shareholders of the Company in the ratio of one hundred twenty-one (121) Rights Equity Shares for every fifty (50) Equity Shares held by the Eligible Equity Shareholders of the Company on the Record Date i.e. Thursday, November 28, 2024. |
Enbee Trade Finance IPO opens on 10-12-2024, and closes on 30-12-2024
| Start Date | 10-12-2024 |
|---|---|
| End Date | 30-12-2024 |
| Issue Period | 10 Dec 2024 to 30 Dec 2024 |
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