Share the post "IPO Launch: Sharanam Infraproject And Trading’s Rights Issue on 13-01-2025!"
An IPO, or Initial Public Offering, is the first sale of stock by a private company to the public, marking its entry into the stock market. This process helps the company raise funds for expansion and provides liquidity to existing shareholders. The IPO process includes setting a share price, marketing the offering, and complying with regulatory requirements to ensure transparency for potential investors. Sharanam Infraproject And Trading IPO of Rights Issue type offers an equity issue (inclusive of premium) with a face value of ₹ 1.00. The issue is live from 13 Jan 2025 to 10 Feb 2025 , 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 | SHARANAM INFRAPROJECT AND TRADING LTD |
|---|---|
| Offer Price () | 1.00 |
| Face Value | 1.00 |
| Type Of Issue | RI |
| Issue Status | Forthcoming |
| Security Type | Equity |
| Issue Period | 13 Jan 2025 to 10 Feb 2025 |
| Issue Size | 480009600 |
| Price (Inclusive Of Premium) | 1.00 |
| Market Lot | 1 |
| LTP | 1.00 |
| Registrar | CAMEO CORPORATE SERVICES LTD. |
| Remarks | Notice No. 20250110-6 |
| Notes | Issue of up to 48,00,09,600 Fully Paid-up Equity Shares of face value of Re.1.00 each for cash at an Issue Price of Re.1.00 per Equity share aggregating upto Rs.48,00,09,600 on a rights basis to the Existing Equity Shareholders of the Company in the ratio of 4 (Four) Rights Equity Shares for every 1 (One) Fully Paid-up Equity Share held by the Eligible Equity Shareholders of the Company on the Record Date i.e. 31st December, 2024. |
Sharanam Infraproject And Trading IPO opens on 13-01-2025, and closes on 10-02-2025
| Start Date | 13-01-2025 |
|---|---|
| End Date | 10-02-2025 |
| Issue Period | 13 Jan 2025 to 10 Feb 2025 |
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