Share the post "IPO Launch: Alpine Commercial Company’s OTB on 02-01-2025!"
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. Alpine Commercial Company IPO of OTB type offers an equity issue (inclusive of premium) with a face value of ₹ 10.00. The issue is live from 02 Jan 2025 to 15 Jan 2025 , 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 | ALPINE COMMERCIAL COMPANY LIMITED |
|---|---|
| Offer Price () | 30.40 |
| Face Value | 10.00 |
| Type Of Issue | OTB |
| Issue Status | Live |
| Scripname | ALPINE COMMERCIAL COMPANY LIMITED |
| Security Type | Equity |
| Symbol | ACCL |
| Issue Type | Takeover |
| Issue Period | 02 Jan 2025 to 15 Jan 2025 |
| Tick Price | 0.01 |
| Market Lot | 1 |
| Book Size – No. Of Shares | 13,10,400 |
| Minimum Offer Quantity | 1 |
| Maximum Offer Quantity | 13,10,400 |
| Floor Price/Offer Price | 30.40 |
| Indicative Price | |
| Cummulative Bid Quantity | ( AS ON Jan 3 2025 4:00PM )
Total Cumulative Bidded QtySubscription% of Total Total00.00% Demat Shares00.00% Physical Shares00.00% |
| Name Of Acquirer(s)/Company | MRS. ASHA RANI KAJARIA (“ACQUIRER 1”), MRS. KAVITA KAJARIA (“ACQUIRER 2”), MR. SHEO KUMAR KAJARIA (“PAC 1”), MR. VIVEK KUMAR KAJARIA (“PAC 2”) and MR. SHREYANS KAJARIA (“PAC 3”) Acquirer 1 and Acquirer 2 hereinafter together referred to as the “Acquirers” and PAC 1, PAC 2 and PAC 3 hereinafter together collectively referred to as the “PACs” |
| Buyer Member | SKP SECURITIES LIMITED |
| Book Running Lead Manager | SKP Securities Limited |
| Registrar | ABS CONSULTANT PVT.LTD. |
| Exchange Notices | 1) Opening of Offer to Buy – Acquisition Window (Takeover) of ALPINE COMMERCIAL COMPANY LIMITED2) Settlement Schedule Offer to Buy – Acquisition Window (Takeover) for ALPINE COMMERCIAL COMPANY LIMITED.3) Offer to Buy – Acquisition Window (Takeover) for ALPINE COMMERCIAL COMPANY LIMITED – Live Activities Schedule |
Alpine Commercial Company IPO opens on 02-01-2025, and closes on 15-01-2025
| Start Date | 02-01-2025 |
|---|---|
| End Date | 15-01-2025 |
| Issue Period | 02 Jan 2025 to 15 Jan 2025 |
