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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. Af Enterprises IPO of CMN type offers an equity issue (inclusive of premium) with a face value of ₹ 10.00. The issue is live from 04 Nov 2024 to 18 Nov 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 | AF Enterprises Limited |
|---|---|
| Offer Price () | |
| Face Value | 10.00 |
| Type Of Issue | CMN |
| Issue Status | Forthcoming |
| Security Type | Equity |
| Issue Period | 04 Nov 2024 to 18 Nov 2024 |
| Issue Size – No.of Shares | 2,11,70,454 |
| Price (Inclusive Of Premium) | 7.50 |
| Market Lot | 1 |
| Registrar | Skyline Financial Services Private Limited |
| Remarks | Notice no:20241031-4 |
| Notes | Call Notice for payment of First and Final Call Money of Rs 7.50/- per partly paid-up equity share issued by A.F Enterprises Limited (‘AFEL’ or ‘Company’) on rights basis, pursuant to the Letter of Offer dated August 16, 2024 (‘Letter of Offer’ or ‘LOF’) |
Af Enterprises IPO opens on 04-11-2024, and closes on 18-11-2024
| Start Date | 04-11-2024 |
|---|---|
| End Date | 18-11-2024 |
| Issue Period | 04 Nov 2024 to 18 Nov 2024 |
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