IPO

Commercial Syn Bags Ltd IPO

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Public issue of 31,92,000 equity shares of face value of Rs. 10 each (Equity shares) of commercial Syn Bags Limited (The Company or the Issuer) for cash at a price of Rs. 24 per equity share (the issue price) (including a share premium of Rs. 14 per equity share) aggregating Rs. 7.66 Crores (The issue), of which 1,68,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 24 per equity share, aggregating Rs. 0.40 Crores will be reserved for subscription by the market maker to the issue (The Market maker reservation portion). The issue less market maker reservation portion i.e. issue of 30,24,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 24 per equity share, aggregating Rs. 7.26 Crores is hereinafter refered to as the Net issue. The issue and the net issue will constitute 27.01% and 25.59% 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 of Rs. 24 is 2.4 times of the face value of the equity shares.

Commercial Syn Bags Ltd IPO Subscription Details

Company

Commercial Syn Bags Ltd

Issue Type

Fixed Price - SME

Open Date

30 Jun

Close Date

05 Jul

Offer Price

24.00

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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 Commercial Syn Bags Ltd IPO

Company Contact Information

Commercial Syn Bags Ltd IPO
Commercial House,
3-4 Jaora Compound M Y H Road,
Indore, Madhya Pradesh 452001.

Phone: 91-731-4279525/26
Email: investors@comsyn.com

Commercial Syn Bags Ltd IPO Register

Bigshare Services Pvt Ltd

Commercial Syn Bags Ltd IPO Lead Manager(s)

  • Pantomath Capital Advisors Pvt Ltd

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