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Initial public offering of 12,853,442 equity shares of face value Rs. 2 each (equity shares) of the company for cash at a price of Rs. 1050~ per equity share through an offer for sale, by the selling shareholders aggregating Rs. 1347.76^^ crores (offer). The offer includes a reservation of up to 298,913 equity shares, aggregating up to Rs. 28.40 crores, for subscription by eligible employees on a competitive basis (employee reservation portion). The offer less the employee reservation portion is hereinafter referred to as the net offer. The offer and the net offer will constitute up to 10.75% and 10.50%, respectively, of the post-offer paid-up equity share capital of the company. Offer Price : Rs. 1050 per equity share of face value of Rs. 2 each. The offer price is 525 times the face value. ~Discount of Rs. 100 per equity share to the offer price has been offered to eligible employees (the Employee Discount). all amounts have been included taking into consideration the employee discount. ^^After considering spill-over on account of under-subscription in the employee category.
Company
Alkem Laboratories Ltd
Issue Type
(Book Built Portion)
Open Date
08 Dec
Close Date
10 Dec
Offer Price
1050.00
Stove Kraft Ltd, kitchen appliances manufacturer is coming up with its Initial public Offerings on January 25 with the public issue comprising a fresh issue size of ₹412.63Cr.
You can apply for the Stove Kraft IPO using any supported UPI apps. To Apply on 5paisa App follow the procedure mentioned above. For further details Click Here.
Stove Kraft IPO will open on January 25, 2021.
Stove Kraft IPO Lot size is 38 equity shares, that means you can apply for one lot consisting 38 equity shares.
Shares of Stove Kraft will be getting allotted on 02nd February,2021.
Stove Kraft Shares will be getting listed on 05 February, 2021.
Here is the minimum investment calculation of Stove Kraft IPO Lot size – 38 * Issue Price ₹385 = ₹14,630 Hence the minimum investment amount required to invest in Stove Kraft IPO is ₹14,630. As per the maximum limit that is allowed by SEBI you can apply for 13 lots.
No, one bank account one IPO application is allowed.
Cut off Price for Stove Kraft IPO is ₹14,630
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