IPO

Northern Spirits Ltd IPO

Invest IPO

Don’t have an account? Signup Now!

Public issue of 43,02,000 equity shares of face value of Rs.10 each (equity shares) of Northern Spirits Limited (the company or the issuer) for cash at a price of Rs.43 per equity share, including a share premium of Rs.33 per equity share (the issue price), aggregating to Rs.18.50 Crores (the issue), of which 2,16,000 equity shares of face value of Rs.10 each for cash at a price of Rs.43 per equity share, aggregating to Rs.0.93 Crores will be reserved for subscriptions by the market maker to the issue (the market maker reservation portion). The issue less market maker reservation portion i.e. Issue of 40,86,000 equity shares of face value of Rs.10 each for cash at a price of Rs.43 per equity share, aggregating to Rs.17.57 Crores is here in after referred to as the net issue. The issue and the net issue will constitute 26.80% and 25.46% respectively of the post issue paidup equity share capital of the company. The face value of the equity share is Rs.10 each and the issue price is Rs.43 i.e. 4.30 times of the face value of the equity Shares. The minimum lot size is 3,000 equity shares

Northern Spirits Ltd IPO Subscription Details

Company

Northern Spirits Ltd

Issue Type

Fixed Price - SME

Open Date

22 Mar

Close Date

27 Mar

Offer Price

43.00

Looking for More IPOs?

Don’t have an account? Signup Now!

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

Northern Spirits Ltd IPO Frequently Asked Questions

Read more IPO FAQs

Contact Details of Northern Spirits Ltd IPO

Company Contact Information

Northern Spirits Ltd IPO
5-A Woodbum Park Road 6th Flr,
Woodburn Central Unit 603,
Kolkata, West Bengal 700020.

Phone: 91-33-22902043
Email: info@northernspirits.in

Northern Spirits Ltd IPO Register

Cameo Corporate Services Ltd

Northern Spirits Ltd IPO Lead Manager(s)

  • Finshore Management Services Ltd

Open FREE Demat Account Today & Invest in IPOs at 0% Brokerage & Flat Fee per order.

What More?

  • No DP Charges*
  • Zero AMC*
  • Account Opening in 5 mins
  • All-in-one account for various investments

Don’t have an account? Signup Now!