Elin Electronics Ltd IPO Details, Upcoming IPO, Subscribe the IPO
Author: Libord Brokerage Pvt. Ltd Posted on 16 Dec 2022 15:21:16Category : ipo news
Elin Electronics Ltd IPO Details:
Elin Electronics Ltd. has announced public offering of 19230769 shares at a price of Rs 5.00 each for Cash at a Premium of Rs 242.00 per share. The gross proceeds of the issue are expected to be Rs 47,500.00 lakhs.
The company's initial public offer (IPO) will open on 20 December 2022 and is expected to close on 22 December 2022, subject to customary closing conditions. The price band of the issue has been fixed at Rs 234.00-247.00 per share.
The IPO includes a fresh Issue of 19230769 Equity Shares of the Company at an price of Rs 247.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 60 shares with bids in multiples of 60.
Elin Electronics Ltd. anticipates using the proceeds of the issue for .
Axis Capital Ltd.,JM Financial Ltd. as lead manager(s) & KFIN Technologies Pvt. Ltd. is the registrar, to the issue.
If the Elin Electronics Ltd is something that you’re looking to invest in come 20 December 2022, it would be a good idea to start the demat account opening process right away.
Apply online IPO or Contact Libord Broking now to open demat account online within minutes, and install the LibordEasy app from google play store.
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