Share the post "IPO Launch: Ludlow Jute Specialities’s Takeover on 30-10-2024!"
An Initial Public Offering (IPO) is the process through which a private company offers its shares to the public for the first time, transitioning into a publicly traded entity. This event allows the company to raise capital from a broader investor base, enhancing its growth potential. An IPO typically involves extensive regulatory scrutiny and is often seen as a significant milestone in a company’s development. Ludlow Jute Specialities IPO of Takeover type offers an equity issue (inclusive of premium) with a face value of ₹ 10.00. The issue is live from 30 Oct 2024 to 13 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 | LUDLOW JUTE SPECIALITIES LTD |
|---|---|
| Offer Price () | 110.00 |
| Face Value | 10.00 |
| Type Of Issue | Takeover |
| Issue Status | Forthcoming |
| Scripname | LUDLOW JUTE SPECIALITIES LTD |
| Security Type | Equity |
| Symbol | LUDLOWJUT |
| Issue Type | Takeover |
| Issue Period | 30 Oct 2024 to 13 Nov 2024 |
| Tick Price | 0.05 |
| Market Lot | 1 |
| Book Size – No. Of Shares | 28,01,012 |
| Minimum Offer Quantity | 1 |
| Maximum Offer Quantity | 28,01,012 |
| Floor Price/Offer Price | 110.00 |
| Indicative Price | |
| Cummulative Bid Quantity | – |
| Name Of Acquirer(s)/Company | PANCHJANYA DISTRIBUTORS PRIVATE LIMITED (“Acquirer ”) |
| Book Running Lead Manager | SKP Securities Limited |
| Registrar | MCS Share Transfer Agent Limited |
| Exchange Notices | 1) Opening of Offer to Buy – Acquisition Window (Takeover) of LUDLOW JUTE & SPECIALITIES LIMITED. |
Ludlow Jute Specialities IPO opens on 30-10-2024, and closes on 13-11-2024
| Start Date | 30-10-2024 |
|---|---|
| End Date | 13-11-2024 |
| Issue Period | 30 Oct 2024 to 13 Nov 2024 |
