Don’t have an account? Signup Now!
Initial public offering of 34,107,525# equity shares of face value of Rs.10 each (equity shares) of Hindustan Aeronautics Limited (the company or the issuer) through an offer for sale by the President of India, acting through the department of defence production, Ministry of Defence, Government of India (the selling shareholder), for cash at a price of Rs. 1,215* per equity share (the offer price), aggregating to Rs.4113.13# Crores (the offer) the offer shall constitute 10.20% of the post-offer paid-up equity share capital of the company. The offer comprises of a net offer (defined below) of 33,438,750 equity shares and an employee reservation portion (defined below) of up to 668,775 equity shares. The offer and the net offer shall constitute 10.20% and 10%, respectively of the post-offer paid-up equity share capital of the company. The face value of the equity shares is Rs.10 each. The offer price is 121.5 times the face value of the equity shares. *a discount of Rs. 25 per equtiy share on the offer price was offered to retail individual bidders (retail discount) and to eligible employees (defined below) bidding in the employee reservation portion (employee discount). # subject to final subscription figures and finalisation of the basis of allotment.
Company
Hindustan Aeronautics Ltd
Issue Type
(Book Built Portion)
Open Date
16 Mar
Close Date
20 Mar
Offer Price
1215.00
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
Read more IPO FAQs
Open FREE Demat Account Today & Invest in IPOs at 0% Brokerage & Flat Fee per order.
What More?
Dont have an account? Register here.
Already Registered? Login here.
An OTP has been sent to your mobile number.Please verify to proceed.