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Upcoming IPO, DU Digital Technologies Ltd IPO Date, Price, GMP, Details

Upcoming IPO, DU Digital Technologies Ltd IPO Date, Price, GMP, Details

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DU Digital Technologies Ltd IPO Details:

IPO Opening Date

Aug 12, 2021

IPO Closing Date

Aug 16, 2021

Issue Type

Fixed Price Issue IPO

Face Value

₹10 per equity share

IPO Price

₹65 per equity share

Market Lot

2000 Shares

Min Order Quantity

 2000 Shares

Listing At

NSE SME

Issue Size

690,000 Eq Shares of ₹10
(aggregating up to ₹4.49 Cr)

DU Digital Technologies Ltd. has announced public offering of 690000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 55.00 per share. The gross proceeds of the issue are expected to be Rs 448.50 lakhs.

The company's initial public offer (IPO) will open on 12 August 2021 and is expected to close on 16 August 2021, subject to customary closing conditions.

The IPO includes a fresh Issue of 690000 Equity Shares of the Company at an price of Rs 65.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 2000 shares with bids in multiples of 2000.

DU Digital Technologies Ltd. anticipates using the proceeds of the issue for To meet Working Capital requirements To make investment in the Subsidiary Company, Dudigital Global LLC General Corporate Purpose To meet issue expenses.

Hem Securities Ltd as lead manager & Bigshare Services Pvt. Ltd. is the registrar, to the issue.

If the DU Digital Technologies Ltd IPO is something that you’re looking to invest in come August 12, 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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