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An Initial Public Offering (IPO) is a critical financial event that enables a private company to offer its shares to public investors for the first time. By going public, a company can access capital markets to fund growth initiatives, pay off debt, or invest in new projects. The IPO process involves rigorous preparation, including financial audits and regulatory filings to attract investors and establish credibility. Gujarat Natural Resources IPO of Rights Issue type offers an equity issue (inclusive of premium) with a face value of ₹ 10.00. The issue is live from 12 Dec 2024 to 20 Dec 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 | GUJARAT NATURAL RESOURCES LIMITED |
|---|---|
| Offer Price () | 10.00 |
| Face Value | 10.00 |
| Type Of Issue | RI |
| Issue Status | Forthcoming |
| Security Type | Equity |
| Issue Period | 12 Dec 2024 to 20 Dec 2024 |
| Issue Size – No.of Shares | 4,81,50,987 |
| Price (Inclusive Of Premium) | 10.00 |
| Market Lot | 1 |
| LTP | 17.39 |
| Registrar | Purva Sharegistry (India) Private Limited |
| Remarks | Notice no. :20241210-46 |
| Notes | Issue of fully paid up 48,150,987 Equity Shares with a face value of Rs.10 each for cash at a price of Rs.10 per Equity Share aggregating Rs.4,815.10 Lakhs on a rights basis to Eligible Shareholders in the ratio of 3:5 fully paid-up Equity Share held on the Record Date i.e. 03rd December, 2024. |
Gujarat Natural Resources IPO opens on 12-12-2024, and closes on 20-12-2024
| Start Date | 12-12-2024 |
|---|---|
| End Date | 20-12-2024 |
| Issue Period | 12 Dec 2024 to 20 Dec 2024 |
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