Welcome to our analysis of IYKOT HITECH TOOLROOM LTD’s public offering. This post provides an overview of the company’s Initial Public Offering (IPO), which runs from 24 Apr 2024 to 08 May 2024. IYKOT HITECH TOOLROOM LTD, offers shares priced between 7.00 each, with a face value of ₹5.00 per share.
| Security Name | IYKOT HITECH TOOLROOM LTD |
|---|---|
| Start Date | 24-04-2024 |
| End Date | 08-05-2024 |
| Offer Price () | 7.00 |
| Face Value | 5.00 |
| Type Of Issue | RI |
| Issue Status | Live |
| Letter Of Offer | Click here |
| Application Form | Click here |
| Abridged Letter | Click here |
| Security Type | Equity |
| Issue Period | 24 Apr 2024 to 08 May 2024 |
| Issue Size – No.of Shares | 1,41,96,000 |
| Price (Inclusive Of Premium) | 7.00 |
| Market Lot | 1 |
| LTP | 15.20 |
| Registrar | CAMEO CORPORATE SERVICES LTD. |
| BSE Bid Quantity (ASBA) | 24,84,776 As on Apr 26 2024 5:00PM |
| Remarks | Notice no:20240423-10 |
| Notes | This issue of up to 1,41,96,000 partly paid-up Equity Shares of face value of Rs 5/- each of our Company for cash at a price of Rs 7 (including a premium of Rs 2 per Rights Equity Share aggregating to Rs 993.72 Lakhs on a rights basis to the Eligible Equity Shareholders of our Company in the ratio of seven (7) Rights Equity Share for every Three (3) fully paid-up Equity Shares held by the Eligible Equity Shareholders on the Record DateOn Application, Investors will have to pay Rs 1.75 per Rights Equity Share which constitutes 25% of the Issue Price and the balance Rs 5.25 per Rights Equity Share which constitutes 75% of the Issue Price, will have to be paid, on the first and final call , as determined by our Board at its sole discretion. Assuming full subscription and receipt of all Call Money with respect to Rights Equity Shares. |
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 CAMEO CORPORATE SERVICES LTD. acts as the registrar. are the sponsor banks.
