How to invest in upcoming Rulka Electricals Ltd. IPO?

Category : ipo news

Rulka Electricals Ltd. IPO Details:

Rulka Electricals Ltd. has announced public offering of 1123200 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 225.00 per share. The gross proceeds of the issue are expected to be Rs 2,639.52 lakhs.

The company's initial public offer (IPO) will open on 16 May 2024 and is expected to close on 21 May 2024, subject to customary closing conditions. The price band of the issue has been fixed at Rs 223.00-235.00 per share.

The IPO includes a fresh Issue of 1123200 Equity Shares of the Company at an price of Rs 235.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 600 shares with bids in multiples of 600.

Rulka Electricals Ltd. anticipates using the proceeds of the issue for .

Beeline Capital Advisors Pvt. Ltd. as lead manager & Bigshare Services Private Limited. is the registrar, to the issue.

If the Rulka Electricals Ltd. is something that you’re looking to invest in come 16 May 2024, 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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