Share the post "IPO Launch: California Software Co’s Rights Issue on 24-01-2025!"
An IPO, or Initial Public Offering, is when a private company issues shares to the public for the first time, allowing it to raise capital from a diverse pool of investors. This significant step provides the company with the necessary funding to expand and develop while giving early investors a chance to liquidate their holdings. The IPO process typically involves collaboration with investment banks and adherence to strict regulatory standards. California Software Co IPO of Rights Issue type offers an equity issue (inclusive of premium) with a face value of ₹ 10.00. The issue is live from 24 Jan 2025 to 31 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 | CALIFORNIA SOFTWARE COLTD |
|---|---|
| Offer Price () | 10.00 |
| Face Value | 10.00 |
| Type Of Issue | RI |
| Issue Status | Live |
| Security Type | Equity |
| Issue Period | 24 Jan 2025 to 31 Jan 2025 |
| Issue Size | 46371318 |
| Price (Inclusive Of Premium) | 10.00 |
| Market Lot | 1 |
| LTP | 13.97 |
| Registrar | INTEGRATED REGISTRY MANAGEMENT SERVICES PRIVATE LIMITED |
| BSE Bid Quantity (ASBA) | 8,50,855 As on Jan 24 2025 5:00PM |
| Remarks | Notice no. :20250122-23 |
| Notes | This issue of up to 46,371,318 partly paid-up Equity Shares of face value of Rs.10 each of the Company for cash at a price of Rs.2.50 (at par per Rights Equity Shares) aggregating up to Rs.4,637.1318 Lakhs on a rights basis to the Eligible Equity Shareholders of the Company in the ratio of 3 (Three) Rights Equity Share for every 1 (One) fully paid-up Equity Shares held by the Eligible Equity Shareholders on the Record Date. On Application, Investors will have to pay Rs.2.50 per Rights Equity Share which constitutes 25 % of the Issue Price and the balance Rs.7.50 per Rights Equity Share which constitutes 75 % of the Issue Price, will have to be paid, on one or more subsequent calls as may be decided by the Board from time to time. |
California Software Co IPO opens on 24-01-2025, and closes on 31-01-2025
| Start Date | 24-01-2025 |
|---|---|
| End Date | 31-01-2025 |
| Issue Period | 24 Jan 2025 to 31 Jan 2025 |
Here are more informative data links:
