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One 97 Communications Ltd IPO Details, Share Price Range, Issue Size

One 97 Communications Ltd IPO Details, Share Price Range, Issue Size

Author: Libord Brokerage Pvt. Ltd Posted on 27 Oct 2021 11:55:00Comments0

Category : ipo news

One 97 Communications Ltd Details:

One 97 Communications Ltd. has announced public offering of 85116280 shares at a price of Rs 1.00 each for Cash at a Premium of Rs 2,149.00 per share. The gross proceeds of the issue are expected to be Rs 18,30,000.02 lakhs.

The company's initial public offer (IPO) will open on 08 November 2021 and is expected to close on 10 November 2021, subject to customary closing conditions. The price band of the issue has been fixed at Rs 2,080.00-2,150.00 per share.

The IPO includes a fresh Issue of 85116280 Equity Shares of the Company at a price of Rs 2,150.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 6 shares with bids in multiples of 6.

One 97 Communications Ltd. anticipates using the proceeds of the issue for .

HDFC Bank Limited, Citigroup Global Markets India Pvt.Ltd., Axis Capital Ltd., JP Morgan India Private Limited., Morgan Stanley India Company Private Limited, Goldman Sachs (India) Securities Pvt. Ltd., ICICI Securities Ltd as lead manager(s) & Link Intime India Private Limited is the registrar, to the issue.

If the One 97 Communications Ltd is something that you’re looking to invest in come November 08, 2021, it would be a good idea to start the demat account opening process right away. Contact Libord Broking now to open demat account online within minutes.

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Libord Broking is one of the leading retail broking houses in India in terms of to trading on NSE/BSE. Libord Broking is a technology-led financial services company providing broking, merchant banking, advisory services, margin funding, Valuation of equity shares, distribution of mutual fund products to its clients under the brand of “Libord”. for more details, call on 022 62782900 / 60 and send mail to inquiry@libord.com

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