Share the post "IPO Launch: Mercury Trade Links’s Rights Issue on 07-11-2024!"
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. Mercury Trade Links IPO of Rights Issue type offers an equity issue (inclusive of premium) with a face value of ₹ 10.00. The issue is live from 07 Nov 2024 to 05 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 | MERCURY TRADE LINKS LTD |
|---|---|
| Offer Price () | 44.95 |
| Face Value | 10.00 |
| Type Of Issue | RI |
| Issue Status | Forthcoming |
| Security Type | Equity |
| Issue Period | 07 Nov 2024 to 05 Dec 2024 |
| Issue Size – No.of Shares | 1,08,90,000 |
| Price (Inclusive Of Premium) | 44.95 |
| Market Lot | 1 |
| Registrar | LINK INTIME INDIA PRIVATE LIMITED |
| Remarks | Notice no.:20241104-32 |
| Notes | Issue of upto fully paid up 10890000 Equity Shares with a face value of Rs.10 each for cash at a price of Rs.44.95 per Equity Share aggregating up to Rs.4895.055 Lakhs on a rights basis to Eligible Shareholders in the ratio of 4:1, 4 Rights Equity Shares for every 1 fully paid-up Equity Share held on the Record Date i.e. 24-10-2024. |
Mercury Trade Links IPO opens on 07-11-2024, and closes on 05-12-2024
| Start Date | 07-11-2024 |
|---|---|
| End Date | 05-12-2024 |
| Issue Period | 07 Nov 2024 to 05 Dec 2024 |
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