Share the post "IPO Launch: Kothari Industrial Corporation’s OTB on 13-12-2024!"
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. Kothari Industrial Corporation IPO of OTB type offers an equity issue (inclusive of premium) with a face value of ₹ 5.00. The issue is live from 13 Dec 2024 to 25 Dec 2024 , with a market lot of 1 shares. This call notice includes , covering ₹5.00 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 | KOTHARI INDUSTRIAL CORPORATION LTD |
|---|---|
| Offer Price () | 14.33 |
| Face Value | 5.00 |
| Type Of Issue | OTB |
| Issue Status | Forthcoming |
| Scripname | KOTHARI INDUSTRIAL CORPORATION LTD |
| Security Type | Equity |
| Symbol | KOTIC |
| Issue Type | Takeover |
| Issue Period | 13 Dec 2024 to 25 Dec 2024 |
| Tick Price | 0.01 |
| Market Lot | 1 |
| Book Size – No. Of Shares | 1,10,45,811 |
| Minimum Offer Quantity | 1 |
| Maximum Offer Quantity | 1,10,45,811 |
| Floor Price/Offer Price | 14.33 |
| Indicative Price | |
| Cummulative Bid Quantity | – |
| Name Of Acquirer(s)/Company | Mr. J. Rafiq Ahmed (‘Acquirer’) |
| Buyer Member | Ratnakar Securities Private Limited |
| Book Running Lead Manager | Kunvarji Finstock Pvt Ltd |
| Registrar | INTEGRATED REGISTRY MANAGEMENT SERVICES PRIVATE LIMITED |
Kothari Industrial Corporation IPO opens on 13-12-2024, and closes on 25-12-2024
| Start Date | 13-12-2024 |
|---|---|
| End Date | 25-12-2024 |
| Issue Period | 13 Dec 2024 to 25 Dec 2024 |
Here are more informative data links:
