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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. Iel IPO of Rights Issue type offers an equity issue (inclusive of premium) with a face value of ₹ 1.00. The issue is live from 04 Feb 2025 to 21 Feb 2025 , with a market lot of 1 shares. This call notice includes , covering ₹1.00 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 | IEL LTD |
|---|---|
| Offer Price () | 4.45 |
| Face Value | 1.00 |
| Type Of Issue | RI |
| Issue Status | Forthcoming |
| Security Type | Equity |
| Issue Period | 04 Feb 2025 to 21 Feb 2025 |
| Issue Size | 100128990 |
| Price (Inclusive Of Premium) | 4.45 |
| Market Lot | 1 |
| LTP | 6.53 |
| Registrar | MUFG Intime India Private Limited |
| Remarks | Notice No. 20250130-43 |
| Notes | Issue of upto 10,01,28,900 Equity Shares with a face value of Re. 1.00 each for cash at a price of Rs. 4.45 per Equity Share aggregating up to Rs. 4,455.74 Lakhs on a rights basis to Eligible Shareholders in the ratio of 3 (Three) Rights Equity Shares for every 1 (One) fully paid-up Equity Share held on the Record Date i.e. January 17, 2025. |
Iel IPO opens on 04-02-2025, and closes on 21-02-2025
| Start Date | 04-02-2025 |
|---|---|
| End Date | 21-02-2025 |
| Issue Period | 04 Feb 2025 to 21 Feb 2025 |
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