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Public Issue of 40,441,176 Equity Shares of Rs. 10/- each for cash at a price of Rs. 68 per Equity Share aggregating to Rs. 275 crores (the Issue), consisting of a Fresh Issue of 40,441,176 Equity shares of Rs. 10/- each by Gujarat Industries Power Company Limited (the Company or Issuer). The Issue comprises of 11,029,411 Equity Shares of Rs. 10/- each reserved for participation by one of the Promoter Company viz. Gujarat Alkalies and Chemicals Limited, and one of the Promoter Group Company viz. Gujarat State Electricity Corporation Limited, in the Issue at a price of Rs. 68 aggregating Rs. 75 crores and reservation for Employees of 400,000 Equity Shares of Rs. 10/- each, at a price of Rs. 68 each aggregating to Rs. 2.72 crores. The Net Issue to the Public is of 29,011,765 Equity Shares of Rs. 10/- each at a price of Rs. 68 aggregating Rs. 19.73 crores (the Net Issue). The Issue would constitute 26.74 % of the fully diluted post issue paid up Equity Capital of the Company.
Company
Gujarat Industries Power Co Ltd
Issue Type
(Book Built Portion)
Open Date
13 Oct
Close Date
19 Oct
Offer Price
68.00
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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