Share the post "IPO Launch: Aarvee Denims Exports’s Takeover on 21-11-2024!"
An Initial Public Offering (IPO) is a critical financial event that enables a private company to offer its shares to public investors for the first time. By going public, a company can access capital markets to fund growth initiatives, pay off debt, or invest in new projects. The IPO process involves rigorous preparation, including financial audits and regulatory filings to attract investors and establish credibility. Aarvee Denims Exports IPO of Takeover type offers an equity issue (inclusive of premium) with a face value of ₹ 10.00. The issue is live from 21 Nov 2024 to 04 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 | AARVEE DENIMS EXPORTS LTD |
|---|---|
| Offer Price () | 41.00 |
| Face Value | 10.00 |
| Type Of Issue | Takeover |
| Issue Status | Forthcoming |
| Scripname | AARVEE DENIMS EXPORTS LTD |
| Security Type | Equity |
| Symbol | AARVEEDEN |
| Issue Type | Takeover |
| Issue Period | 21 Nov 2024 to 04 Dec 2024 |
| Tick Price | 0.01 |
| Market Lot | 1 |
| Book Size – No. Of Shares | 60,99,548 |
| Minimum Offer Quantity | 1 |
| Maximum Offer Quantity | 60,99,548 |
| Floor Price/Offer Price | 41.00 |
| Indicative Price | |
| Cummulative Bid Quantity | – |
| Name Of Acquirer(s)/Company | Jaimin Kailash Gupta (“Acquirer”) along with Tarachand Gangasahay Agrawal (“PAC 1”) and Qmin Industries Limited (“PAC 2”) (Hereinafter jointly referred as "Acquirers") |
| Buyer Member | Pravin Ratilal Share and Stock Brokers Limited |
| Book Running Lead Manager | VIVRO FINANCIAL SERVICES PRIVATE LIMITED |
| Registrar | LINK INTIME INDIA PRIVATE LIMITED |
| Exchange Notices | 1) Opening of Offer to Buy – Acquisition Window (Takeover) of AARVEE DENIMS AND EXPORTS LIMITED.2) Settlement Schedule Offer to Buy – Acquisition Window (Takeover) for AARVEE DENIMS AND EXPORTS LIMITED.3) Acquisition Window (TAKEOVER) for AARVEE DENIMS AND EXPORTS LIMITED- Live Activities Schedule |
Aarvee Denims Exports IPO opens on 21-11-2024, and closes on 04-12-2024
| Start Date | 21-11-2024 |
|---|---|
| End Date | 04-12-2024 |
| Issue Period | 21 Nov 2024 to 04 Dec 2024 |
