Safa Systems & Technologies Ltd IPO Details, Date, Share Price Range, Issue Size
Author: Libord Brokerage Pvt. Ltd Posted on 25 Jan 2022 13:40:57Category : ipo news
Safa Systems & Technologies Ltd IPO Details:
Safa Systems & Technologies Ltd has announced public offering of 156521739 shares at a price of Rs 1.00 each for Cash at a Premium of Rs 229.00 per share. The gross proceeds of the issue are expected to be Rs 3,60,000.00 lakhs.
The company's initial public offer will open on 28 January 2022 and is expected to close on 01 February 2022, subject to customary closing conditions.
The IPO includes a fresh Issue of 4000000 Equity Shares of the Company at a 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.
Safa Systems & Technologies Ltd. anticipates using the proceeds of the issue for.
Finshore Management Services Ltd. as lead manager & CAMEO CORPORATE SERVICES LTD is the registrar, to the issue.
If the Safa Systems & Technologies Ltd is something that you’re looking to invest in come 28 January 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.
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