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Upcoming IPO, Quadpro ITeS IPO Details with Share Price Range and Issue Size

Upcoming IPO, Quadpro ITeS IPO Details with Share Price Range and Issue Size

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Category : ipo news

Quadpro ITeS IPO Details:

Quadpro ITeS Ltd. has announced public offering of 7050000 shares at a price of Rs 2.00 each for Cash at a Premium of Rs 18.00 per share. The gross proceeds of the issue are expected to be Rs 1,410.00 lakhs.

The company's initial public offer (IPO) will open on 20 September 2021 and is expected to close on 22 September 2021, subject to customary closing conditions.

The IPO includes a fresh Issue of 7050000 Equity Shares of the Company at a price of Rs 20.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 6000 shares with bids in multiples of 6000.

Quadpro ITeS Ltd. anticipates using the proceeds of the issue for to Meet Capital Expenditure Requirements

Acquisitions and Other Strategic Initiatives

For General Corporate Purposes.

BEELINE BROKING LIMITED as lead manager & KFIN Technologies Pvt. Ltd. is the registrar, to the issue.

If the Quadpro ITeS Ltd IPO is something that you’re looking to invest in come 20 September 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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