IPO

Art Nirman Ltd IPO

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Public issue of 20,04,000 equity shares of face value of Rs.10 each of Art Nirman Ltd (The company or the issuer) for cash at a price of Rs. 25 per equity share (including a share premium of Rs. 15 per equity share) (issue price) aggregating to Rs. 5.01 crores (the issue), of which 1,02,000 equity shares of face value of Rs. 10 each for a cash at a price of Rs. 25 per equity share, aggregating to Rs 0.26 crores will be reserved for subscription by market maker (market maker reservation portion). The issue less the market maker reservation portion i.e. issue of 19,02,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 25 per equity share aggregating to Rs. 4.76 crores (is hereinafter referred to as the net issue). The issue and the net issue will constitute 26.35% and 25.01% respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10 each and The issue price is Rs. 25 each. The issue price is 2.50 times of the face value.

Art Nirman Ltd IPO Subscription Details

Company

Art Nirman Ltd

Issue Type

Fixed Price - SME

Open Date

30 Sep

Close Date

07 Oct

Offer Price

25.00

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How to apply IPO on 5paisa app?

  • Login to your 5paisa Mobile Trading App and select the issue in the current IPO section
  • Enter the number of lots and price at which you wish to apply for
  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
  • You will receive a notification to block funds in your UPI app
  • Approve the block request

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Contact Details of Art Nirman Ltd IPO

Company Contact Information

Art Nirman Ltd IPO
14 JBR Arcade 2nd Floor,
Nr R K Royal Hall Science City,
Ahmedabad, Gujarat 380060.

Phone: 91-8866404499
Email: info@artnirman.com

Art Nirman Ltd IPO Register

Sharex Dynamic (India) Pvt Ltd

Art Nirman Ltd IPO Lead Manager(s)

  • Hem Securities Ltd

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