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An IPO, or Initial Public Offering, is when a private company issues shares to the public for the first time, allowing it to raise capital from a diverse pool of investors. This significant step provides the company with the necessary funding to expand and develop while giving early investors a chance to liquidate their holdings. The IPO process typically involves collaboration with investment banks and adherence to strict regulatory standards. Religare Enterprises IPO of OTB type offers an equity issue (inclusive of premium) with a face value of ₹ 10.00. The issue is live from 27 Jan 2025 to 13 Feb 2025 , 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 | RELIGARE ENTERPRISES LTD |
|---|---|
| Offer Price () | 235.00 |
| Face Value | 10.00 |
| Type Of Issue | OTB |
| Issue Status | Live |
| Scripname | RELIGARE ENTERPRISES LTD |
| Security Type | Equity |
| Symbol | RELIGARE |
| Issue Type | Takeover |
| Issue Period | 27 Jan 2025 to 13 Feb 2025 |
| Tick Price | 0.05 |
| Market Lot | 1 |
| Book Size – No. Of Shares | 9,00,42,541 |
| Minimum Offer Quantity | 1 |
| Maximum Offer Quantity | 9,00,42,541 |
| Floor Price/Offer Price | 235.00 |
| Indicative Price | |
| Cummulative Bid Quantity | ( AS ON Feb 13 2025 4:00PM )
Total Cumulative Bidded QtySubscription% of Total Total2310250.26% Demat Shares2310140.26% Physical Shares110.00% |
| LTP | 238.60 |
| Name Of Acquirer(s)/Company | M.B. Finmart Private Limited(“Acquirer 1” or “MFPL”), Puran Associates Private Limited (“Acquirer 2” or “PAPL”), VIC Enterprises Private Limited (“Acquirer 3” or “VIC”) and Milky Investment & Trading Company (“Acquirer 4” or “MITC”) (Hereinafter Acquirer 1, Acquirer 2, Acquirer 3 and Acquirer 4 are collectively referred to as the “Acquirers”) |
| Buyer Member | JM Financial Services Limited |
| Book Running Lead Manager | JM Financial Limited |
| Registrar | KFin Technologies Limited |
| Exchange Notices | 1) Opening of Offer to Buy – Acquisition Window (Takeover) of RELIGARE ENTERPRISES LIMITED2) Settlement Schedule Offer to Buy – Acquisition Window (Takeover) for RELIGARE ENTERPRISES LIMITED.3) Offer to Buy – Acquisition Window (Takeover) for RELIGARE ENTERPRISES LTD – Live Activities Schedule4) Extension of Offer to Buy – Acquisition Window (Takeover) of RELIGARE ENTERPRISES LIMITED5) Offer to Buy – Acquisition Window (Takeover) for RELIGARE ENTERPRISES LTD – Revised Live Activities Schedule6) Revised Settlement Schedule Offer to Buy – Acquisition Window (Takeover) for RELIGARE ENTERPRISES LIMITED.7) Extension of Offer to Buy – Acquisition Window (Takeover) of RELIGARE ENTERPRISES LIMITED8) Revised Settlement Schedule Offer to Buy – Acquisition Window (Takeover) for RELIGARE ENTERPRISES LIMITED.9) Offer to Buy – Acquisition Window (Takeover) for RELIGARE ENTERPRISES LTD – Revised Live Activities Schedule – 2 |
Religare Enterprises IPO opens on 27-01-2025, and closes on 13-02-2025
| Start Date | 27-01-2025 |
|---|---|
| End Date | 13-02-2025 |
| Issue Period | 27 Jan 2025 to 13 Feb 2025 |
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