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Welcome to our analysis of TIERRA AGROTECH LTD’s public offering. This post provides an overview of the company’s Initial Public Offering (IPO), which runs from 28 Mar 2024 to 24 Apr 2024. TIERRA AGROTECH LTD, offers shares priced between 50.00 each, with a face value of ₹10.00 per share.
| Security Name | TIERRA AGROTECH LTD |
|---|---|
| Start Date | 28-03-2024 |
| End Date | 24-04-2024 |
| Offer Price () | 50.00 |
| 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 | 28 Mar 2024 to 24 Apr 2024 |
| Issue Size – No.of Shares | 96,94,041 |
| Price (Inclusive Of Premium) | 50.00 |
| Market Lot | 1 |
| LTP | 67.00 |
| Registrar | Venture Capital & Corporate Investments Private Limited |
| BSE Bid Quantity (ASBA) | 92,06,477 As on Apr 23 2024 5:00PM |
| Remarks | Notice no:20240326-10 |
| Notes | Issue of upto 96,94,041 Equity Shares of face value of Rs10 each of our Company for cash at a price of Rs 50 per Rights Equity Share not exceeding Rs 4,847.02 lakhs on a rights basis to the Eligible Equity Shareholders of our Company in the ratio of 1 Rights Equity Shares for every 5 Equity Shares held by the Eligible Equity Shareholders of our Company on the Record Date. *Assuming full subscription. Subject to finalisation of the Basis of Allotment. |
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 Venture Capital & Corporate Investments Private Limited acts as the registrar. are the sponsor banks.
