IPO

Innovative Tyres & Tubes Ltd IPO

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Initial public offer consisting of fresh issue of 62,97,000 equity shares of face value of Rs. 10/- each fully paid for cash at a price of Rs. 45 per equity share (the issue price) (including a share premium of Rs. 35 per equity share) aggregating Rs. 28.34 crores (the issue), of which 3,27,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 45/- per equity share, aggregating Rs. 1.47 crores will be reserved for subscription by the market maker to the issue (the market maker reservation portion) and 8,70,000 equity shares of Rs. 10/- each for cash at price of Rs. 45 per equity share aggregating Rs. 3.92 crores will be reserved for subscription by eligible employees (the employees reservation portion). The issue less market maker reservation portion and employees reservation portion i.e. Issue of 51,00,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 45/- per equity share, aggregating Rs. 22.95 crores is hereinafter refered to as the net issue. The issue and the net issue will constitute 35% and 28.35% respectively of the fully diluted post issue paid up equity share capital of the company. The Face value of the equity share is Rs. 10/- each. The issue price is Rs.45/- and is 4.5 times the face value of the equity shares.

Innovative Tyres & Tubes Ltd IPO Subscription Details

Company

Innovative Tyres & Tubes Ltd

Issue Type

Book Building - SME

Open Date

22 Sep

Close Date

26 Sep

Offer Price

45.00

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  • 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 Innovative Tyres & Tubes Ltd IPO

Company Contact Information

Innovative Tyres & Tubes Ltd IPO
1201 1202 1203 GIDC Halol,
,
Panchmahals, Gujarat 389350.

Phone: 91-267-6220621
Email: investors@innovativetyres.co.in

Innovative Tyres & Tubes Ltd IPO Register

Link Intime India Pvt Ltd

Innovative Tyres & Tubes Ltd IPO Lead Manager(s)

  • Pantomath Capital Advisors Pvt Ltd

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