Latest IPO Updates INDIA RADIATORS LTD Launches Takeover, Set to Debut on 19-04-2024!

INDIA RADIATORS LTD Launches Takeover, Set to Debut on 19-04-2024!

India Radiators Ltd.,, with Security Code 505100, is a leading player in the Auto Components & Equipments industry, categorized under the Consumer Discretionary sector, offering Equity instruments. the company is entered into the public market through its Takeover, set to launch from 19 Apr 2024 to 03 May 2024. Investors have the opportunity to acquire shares priced at 6.00 each, with a face value of Rs10.00 per share, the market lot for this company is 1.

Security Name INDIA RADIATORS LTD
Start Date 19-04-2024
End Date 03-05-2024
Offer Price () 6.00
Face Value 10.00
Type Of Issue Takeover
Issue Status Live
Scripname INDIA RADIATORS LTD
Security Type Equity
Symbol INRADIA
Issue Type Takeover
Issue Period 19 Apr 2024 to 03 May 2024
Tick Price 0.01
Market Lot 1
Book Size – No. Of Shares 2,34,000
Minimum Offer Quantity 1
Maximum Offer Quantity 2,34,000
Floor Price/Offer Price 6.00
Indicative Price
Cummulative Bid Quantity
Name Of Acquirer(s)/Company Mercantile Ventures Ltd
Buyer Member Choice Equity Broking Private LTD
Book Running Lead Manager SAFFRON CAPITAL ADVISORS PRIVATE LIMITED
Registrar CAMEO CORPORATE SERVICES LTD.
Exchange Notices 1) Opening of Offer to Buy – Acquisition Window (Takeover) of INDIA RADIATORS LIMITED2) Settlement Schedule Offer to Buy – Acquisition Window (Takeover) for INDIA RADIATORS LIMITED3) Offer to Buy – Acquisition Window (TAKEOVER) for RAJASTHAN GASES LTD- Live Activities Schedule

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