Share the post "IPO Launch: Hindware Home Innovation’s Rights Issue on 07-11-2024!"
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. Hindware Home Innovation IPO of Rights Issue type offers an equity issue (inclusive of premium) with a face value of ₹ 2.00. The issue is live from 07 Nov 2024 to 22 Nov 2024 , with a market lot of 1 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 | HINDWARE HOME INNOVATION LTD |
|---|---|
| Offer Price () | 220.00 |
| Face Value | 2.00 |
| Type Of Issue | RI |
| Issue Status | Forthcoming |
| Security Type | Equity |
| Issue Period | 07 Nov 2024 to 22 Nov 2024 |
| Issue Size – No.of Shares | 1,13,49,962 |
| Price (Inclusive Of Premium) | 220.00 |
| Market Lot | 1 |
| LTP | 301.30 |
| Book Running Lead Manager | Finshore Management Services Limited |
| Registrar | CAMEO CORPORATE SERVICES LTD. |
| Remarks | Notice no. :20241106-1 |
| Notes | This issue of up to 1,13,49,962 Rights Equity Shares for cash at a price of Rs.220 per Rights Equity Share (including a premium of Rs.218 per Rights Equity Share) aggregating up to Rs.24,969.92 lakhs on a rights basis to the Eligible Equity Shareholders of the Company in the ratio of 119 Rights Equity Share for every 758 Equity Shares held by the Eligible Equity Shareholders on the Record Date that is 25 October, 2024. |
Hindware Home Innovation IPO opens on 07-11-2024, and closes on 22-11-2024
| Start Date | 07-11-2024 |
|---|---|
| End Date | 22-11-2024 |
| Issue Period | 07 Nov 2024 to 22 Nov 2024 |
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