Share the post "IPO Launch: Ultracab (india)’s Rights Issue on 28-01-2025!"
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. Ultracab (india) IPO of Rights Issue type offers an equity issue (inclusive of premium) with a face value of ₹ 2.00. The issue is live from 28 Jan 2025 to 11 Feb 2025 , 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 | ULTRACAB (INDIA) LTD |
|---|---|
| Offer Price () | 14.50 |
| Face Value | 2.00 |
| Type Of Issue | RI |
| Issue Status | Forthcoming |
| Security Type | Equity |
| Issue Period | 28 Jan 2025 to 11 Feb 2025 |
| Issue Size | 34352100 |
| Price (Inclusive Of Premium) | 14.50 |
| Market Lot | 1 |
| LTP | 15.19 |
| Registrar | BIGSHARE SERVICES PRIVATE LTD |
| Remarks | Notice no. :20250124-32 |
| Notes | This issue of up to 3,43,52,100 fully paid-up Equity Shares of face value of Rs. 2/- each of the Company for cash at a price of Rs. 14.50 (including a premium of Rs.12.50 per Rights Equity Share) aggregating up to Rs. 4981.05 Lakhs on a rights basis to the Eligible Equity Shareholders of the Company in the ratio of 9 (Nine) Rights Equity Share for every 25 (Twenty-Five) fully paid-up Equity Shares held by the Eligible Equity Shareholders on the Record Date. On Application, Investors will have to pay Rs.14.50 per Rights Equity Share which constitutes 100% of the Issue. |
Ultracab (india) IPO opens on 28-01-2025, and closes on 11-02-2025
| Start Date | 28-01-2025 |
|---|---|
| End Date | 11-02-2025 |
| Issue Period | 28 Jan 2025 to 11 Feb 2025 |
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