Share the post "IPO Launch: Scanpoint Geomatics’s Rights Issue on 05-12-2024!"
An Initial Public Offering (IPO) is the launch of a company’s shares on the public market, making it accessible to individual and institutional investors. This process transforms a private entity into a publicly traded company, allowing it to raise capital for various initiatives, such as expansion or innovation. The IPO journey involves careful planning, regulatory compliance, and strategic marketing to ensure successful entry into the stock market. Scanpoint Geomatics IPO of Rights Issue type offers an equity issue (inclusive of premium) with a face value of ₹ 2.00. The issue is live from 05 Dec 2024 to 17 Dec 2024 , with a market lot of 1 shares. This call notice includes , covering ₹2.00 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 | SCANPOINT GEOMATICS LTD |
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Offer Price () | 6.00 |
Face Value | 2.00 |
Type Of Issue | RI |
Issue Status | Live |
Security Type | Equity |
Issue Period | 05 Dec 2024 to 17 Dec 2024 |
Issue Size – No.of Shares | 8,23,72,552 |
Price (Inclusive Of Premium) | 6.00 |
Market Lot | 1 |
LTP | 6.58 |
Book Running Lead Manager | Wealth Mine Networks Private Ltd |
Registrar | LINK INTIME INDIA PRIVATE LIMITED |
BSE Bid Quantity (ASBA) | 8,87,46,740 As on Dec 13 2024 5:00PM |
Remarks | Notice no.:20241203-2 and 20241213-14. |
Notes | Issue upto 8,23,72,552 Rights Equity Shares for cash at a price of Rs.6 per Rights Equity Share (including a share premium of Rs.4 per Rights Equity Share) aggregating to Rs.4,942 Lakhs on a rights basis to the Eligible Equity Shareholders of the Company in the ratio of 49 (Forty-Nine) Rights Equity Shares for Every 100 (Hundred) fully paid-up Equity Shares held by the Eligible Equity Shareholders on the Record Date i.e. Wednesday, November 27, 2024. |
Scanpoint Geomatics IPO opens on 05-12-2024, and closes on 17-12-2024
Start Date | 05-12-2024 |
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End Date | 17-12-2024 |
Issue Period | 05 Dec 2024 to 17 Dec 2024 |
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