Share the post "IPO Launch: Ge Td India’s Offer for Sale on 26-11-2024!"
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. Ge Td India IPO of Offer for Sale type offers an equity issue (inclusive of premium) with a face value of ₹ 2.00. The issue is live from 26 Nov 2024 to 27 Nov 2024 , with a market lot of shares. This call notice includes , covering ₹2.00 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 | GE TD INDIA LTD |
|---|---|
| Offer Price () | |
| Face Value | 2.00 |
| Type Of Issue | OFS |
| Issue Status | Forthcoming |
| Security Type | OFS |
| Symbol | GVTD |
| Issue Period | 26 Nov 2024 to 27 Nov 2024 |
| StartTime | 09:15 |
| EndTime | 15:30 |
| Offer Size – No. Of Shares | 1,40,00,000 |
| Offer Size For Retail Investors | 14,00,000 |
| Offer Size For Non Retail Investors | 1,26,00,000 |
| Floor Price | 1,550.00 |
| Lot Size | 1 |
| Tick Price | 0.05 |
| ISIN No | INE200A01026 |
| Minimum Bid Quantity | 1 |
| Maximum Bid Quantity | 1,40,00,000 |
| Allocation Methodology | Price Priority |
| LTP | 1,916.65 |
| Selling Member | J P Morgan Private Ltd ( Clg.No 324 ) |
| Seller Promoter | Grid Equipments Private Limited |
| Exchange Notices | 1) Opening of Offer for Sale for GE VERNOVA T&D INDIA LTD. – Live Activities Schedule2) Opening of Offer for Sale for GE Vernova T&D India Limited (formerly GE T&D India Limited) (the “Company”) |
Ge Td India IPO opens on 26-11-2024, and closes on 27-11-2024
| Start Date | 26-11-2024 |
|---|---|
| End Date | 27-11-2024 |
| Issue Period | 26 Nov 2024 to 27 Nov 2024 |
