Share the post "IPO Launch: Gtt Data Solutions’s Rights Issue on 27-01-2025!"
An Initial Public Offering (IPO) is the launch of a company’s shares on the public market, making it accessible to individual and institutional investors. This process transforms a private entity into a publicly traded company, allowing it to raise capital for various initiatives, such as expansion or innovation. The IPO journey involves careful planning, regulatory compliance, and strategic marketing to ensure successful entry into the stock market. Gtt Data Solutions IPO of Rights Issue type offers an equity issue (inclusive of premium) with a face value of ₹ 10.00. The issue is live from 27 Jan 2025 to 18 Feb 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 | GTT DATA SOLUTIONS LTD |
|---|---|
| Offer Price () | 26.00 |
| Face Value | 10.00 |
| Type Of Issue | RI |
| Issue Status | Live |
| Security Type | Equity |
| Issue Period | 27 Jan 2025 to 18 Feb 2025 |
| Issue Size | 19161915 |
| Price (Inclusive Of Premium) | 26.00 |
| Market Lot | 1 |
| Registrar | MUFG Intime India Private Limited |
| BSE Bid Quantity (ASBA) | 2,96,29,428 As on Feb 7 2025 5:00PM |
| Remarks | Notice no.: 20250122-48, 20250204-3 and 20250207-7. |
| Notes | Issue of up to 1,91,61,915 partly paid-up equity shares of face value of Rs. 10 each of the company (“Rights Equity Shares”) for cash at a price of Rs. 26 each including a share premium of Rs. 16 per rights equity share (the “Issue Price”) aggregating to an amount of up to Rs. 4,982.10 lakhs on a rights basis to the eligible equity shareholders of the company in the ratio of 1 (one) rights equity shares for every 1 (one) fully paid-up equity shares held by the eligible equity shareholders on the record date, that is on Tuesday, January 14, 2025 (the “Issue”). The amount payable at the time of Application, i.e. Rs. 6.50 per Rights Equity Share in respect of the Rights Equity Shares applied for in the Issue at the Issue Price. |
Gtt Data Solutions IPO opens on 27-01-2025, and closes on 18-02-2025
| Start Date | 27-01-2025 |
|---|---|
| End Date | 18-02-2025 |
| Issue Period | 27 Jan 2025 to 18 Feb 2025 |
Here are more informative data links:
