Infurnia Holdings Ltd IPO Details, Date, Share Price Range, Issue Size
Author: Libord Brokerage Pvt. Ltd Posted on 02 Sep 2022 15:54:35Category : ipo news
Infurnia Holdings Ltd Details:
Infurnia Holdings Ltd has announced public offering of 38200000 shares at a price of Rs 1.00 each for Cash at a Premium of Rs 9.00 per share. The gross proceeds of the issue are expected to be Rs 3,820.00 lakhs.
The company's initial public offer (IPO) will open on 06 September 2022 and is expected to close on 09 September 2022, subject to customary closing conditions.
The IPO includes a fresh Issue of 38200000 Equity Shares of the Company at an price of Rs 10.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 10000 shares with bids in multiples of 10000.
Infurnia Holdings Ltd. anticipates using the proceeds of the issue for
A Investment in the wholly owned Subsidiary Company for expansion of business
B To meet the Issue Expenses
C General Corporate Purposes.
Finshore Management Services Ltd. as lead manager & Bigshare Services Private Limited. is the registrar, to the issue.
If the Infurnia Holdings Ltd is something that you’re looking to invest in come 06 September 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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