Share the post "IPOs in Focus: Presenting Essential Statistics for FRESHTROP FRUITS LTD"
Welcome to our analysis of FRESHTROP FRUITS LTD’s public offering. This post provides an overview of the company’s Initial Public Offering (IPO), which runs from 08 Apr 2024 to 16 Apr 2024. FRESHTROP FRUITS LTD, offers shares priced between 175.00 each, with a face value of ₹10.00 per share.
| Security Name | FRESHTROP FRUITS LTD |
|---|---|
| Start Date | 08-04-2024 |
| End Date | 16-04-2024 |
| Offer Price () | 175.00 |
| Face Value | 10.00 |
| Type Of Issue | Buyback – Tender Offer |
| Issue Status | Live |
| Scripname | FRESHTROP FRUITS LTD |
| Security Type | Equity |
| Symbol | FRSHTRP |
| Issue Type | Buyback – Tender Offer |
| Issue Period | 08 Apr 2024 to 16 Apr 2024 |
| Tick Price | 0.05 |
| Market Lot | 1 |
| Book Size – No. Of Shares | 19,25,000 |
| Minimum Offer Quantity | 1 |
| Maximum Offer Quantity | 19,25,000 |
| Floor Price/Offer Price | 175.00 |
| Cummulative Bid Quantity | ( AS ON Apr 15 2024 4:00PM )
Total Cumulative Bidded QtySubscription% of Total Total6303752327.47% Demat Shares6303752327.47% Physical Shares00.00% |
| LTP | 164.40 |
| Name Of Acquirer(s)/Company | Freshtrop Fruits Limited |
| Buyer Member | Pravin Ratilal Share and Stock Brokers Limited |
| Book Running Lead Manager | VIVRO FINANCIAL SERVICES PRIVATE LIMITED |
| Registrar | BIGSHARE SERVICES PRIVATE LTD |
| Exchange Notices | 1) Opening of Offer to Buy – Acquisition Window (Buyback) for FRESHTROP FRUITS LIMITED2) Offer to Buy – Acquisition Window (BUYBACK) for FRESHTROP FRUITS LIMITED-Live Activities Schedule3) Settlement Schedule Offer to Buy – Acquisition Window (Buyback) for FRESHTROP FRUITS LTD. |
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 BIGSHARE SERVICES PRIVATE LTD acts as the registrar. are the sponsor banks.
