Share the post "IPO Launch: Vaghani Techno-build’s Takeover on 08-11-2024!"
An Initial Public Offering (IPO) is the process through which a private company offers its shares to the public for the first time, transitioning into a publicly traded entity. This event allows the company to raise capital from a broader investor base, enhancing its growth potential. An IPO typically involves extensive regulatory scrutiny and is often seen as a significant milestone in a company’s development. Vaghani Techno-build IPO of Takeover type offers an equity issue (inclusive of premium) with a face value of ₹ 10.00. The issue is live from 08 Nov 2024 to 22 Nov 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 | VAGHANI TECHNO-BUILD LTD |
|---|---|
| Offer Price () | 11.00 |
| Face Value | 10.00 |
| Type Of Issue | Takeover |
| Issue Status | Forthcoming |
| Scripname | VAGHANI TECHNO-BUILD LTD |
| Security Type | Equity |
| Symbol | VAGHANI |
| Issue Type | Takeover |
| Issue Period | 08 Nov 2024 to 22 Nov 2024 |
| Tick Price | 0.01 |
| Market Lot | 1 |
| Book Size – No. Of Shares | 13,57,200 |
| Minimum Offer Quantity | 1 |
| Maximum Offer Quantity | 13,57,200 |
| Floor Price/Offer Price | 11.00 |
| Indicative Price | |
| Cummulative Bid Quantity | – |
| Name Of Acquirer(s)/Company | Jatinkumar Tulsibhai Patel (“Acquirer 1”) Parth Tulsibhai Patel (“Acquirer 2”) Arjunkumar Jagdishbhai Patel (“Acquirer 3”) (Acquirer 1, Acquirer 2 and Acquirer 3 hereinafter collectively referred to as “Acquirers”) |
| Buyer Member | Choice Equity Broking Private Ltd |
| Book Running Lead Manager | SAFFRON CAPITAL ADVISORS PRIVATE LIMITED |
| Registrar | Accurate Securities and Registry Private Limited |
| Exchange Notices | 1) Opening of Offer to Buy – Acquisition Window (Takeover) of Vaghani Techno-Build Limited |
Vaghani Techno-build IPO opens on 08-11-2024, and closes on 22-11-2024
| Start Date | 08-11-2024 |
|---|---|
| End Date | 22-11-2024 |
| Issue Period | 08 Nov 2024 to 22 Nov 2024 |
