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Welcome to our analysis of BALKRISHNA PAPER MILLS LTD’s public offering. This post provides an overview of the company’s Initial Public Offering (IPO), which runs from 02 Apr 2024 to 15 Apr 2024. BALKRISHNA PAPER MILLS LTD, offers shares priced between 21.00 each, with a face value of ₹10.00 per share.
| Security Name | BALKRISHNA PAPER MILLS LTD |
|---|---|
| Start Date | 02-04-2024 |
| End Date | 15-04-2024 |
| Offer Price () | 21.00 |
| Face Value | 10.00 |
| Type Of Issue | RI |
| Issue Status | Live |
| Letter Of Offer | Click here |
| Application Forms | Click here |
| Abridged Letter | Click here |
| Security Type | Equity |
| Issue Period | 02 Apr 2024 to 15 Apr 2024 |
| Issue Size – No.of Shares | 2,14,79,688 |
| Price (Inclusive Of Premium) | 21.00 |
| Market Lot | 1 |
| LTP | 24.74 |
| Book Running Lead Manager | NAVIGANT CORPORATE ADVISORS LIMITED |
| Registrar | Purva Sharegistry (India) Private Limited |
| BSE Bid Quantity (ASBA) | 34,35,832 As on Apr 12 2024 5:00PM |
| Cumulative Bid Quantity (ASBA) | 37,35,058 As on Apr 12 2024 5:00PM |
| Remarks | Notice no:20240328-30 |
| Notes | Issue of upto fully paid up 2,14,79,688 Equity Shares with a face value of Rs.10 each for cash at a price of Rs.21.00 per Equity Share aggregating up to Rs.4,510.73 Lakhs on a rights basis to Eligible Shareholders in the ratio of 2 (Two) Rights Equity Shares for every 1 (One) fully paid-up Equity Share held on the Record Date i.e. 15th March, 2024. |
The IPO, employing a book-building process, targets both non-institutional and qualified institutional investors. Bid quantities are capped at shares for non-institutional investors and shares for qualified institutional investors.
Exchange notices detail allocation to anchor investors, and Purva Sharegistry (India) Private Limited acts as the registrar. are the sponsor banks.
