Share the post "Inertia Steel’s IPO Launches Takeover 16-08-2024!"
Inertia Steel IPO of Takeover type offers an equity issue (inclusive of premium) with a face value of ₹ 10.00. The issue is live from 16 Aug 2024 to 28 Aug 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 | INERTIA STEEL LTD |
|---|---|
| Offer Price () | 18.00 |
| Face Value | 10.00 |
| Type Of Issue | Takeover |
| Issue Status | Forthcoming |
| Scripname | INERTIA STEEL LTD |
| Security Type | Equity |
| Symbol | INERTIAST |
| Issue Type | Takeover |
| Issue Period | 16 Aug 2024 to 28 Aug 2024 |
| Tick Price | 0.01 |
| Market Lot | 1 |
| Book Size – No. Of Shares | 31,14,488 |
| Minimum Offer Quantity | 1 |
| Maximum Offer Quantity | 31,14,488 |
| Floor Price/Offer Price | 18.00 |
| Indicative Price | |
| Cummulative Bid Quantity | – |
| Name Of Acquirer(s)/Company | Mr. Karbhari Pandurang Dhatrak (‘ACQUIRER 1’) Mrs. Jayashree Karbhari Dhatrak (‘ACQUIRER 2’) and Mr. Chetan Karbhari Dhatrak (‘ACQUIRER 3’) |
| Buyer Member | Nikunj Stock Brokers Ltd |
| Book Running Lead Manager | NAVIGANT CORPORATE ADVISORS LIMITED |
| Registrar | ADROIT CORPORATE SERVICES PRIVATE LIMITED |
| Exchange Notices | 1) Opening of Offer to Buy – Acquisition Window (Takeover) of INERTIA STEEL LIMITED2) Settlement Schedule Offer to Buy – Acquisition Window (Takeover) for INERTIA STEEL LIMITED. 3) Offer to Buy – Acquisition Window (TAKEOVER) for INERTIA STEEL LTD- Live Activities Schedule |
Inertia Steel IPO opens on 16-08-2024, and closes on 28-08-2024
| Start Date | 16-08-2024 |
|---|---|
| End Date | 28-08-2024 |
| Issue Period | 16 Aug 2024 to 28 Aug 2024 |
