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Novateor Research Laboratories Ltd IPO

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Initial Public Issue of 18,72,000 equity shares of face value of Rs. 10 each (equity shares) of Novateor Research Laboratories Limited (the company or the issuer) for cash at a price Rs. 24 per equity share (including a share premium of Rs. 14 per equity share) (issue price) aggregating to Rs. 4.49 Crores (the issue), of which 96,000 equity shares of face value of Rs. 10 each for a cash price of Rs. 24 per equity share, aggregating to Rs.0.23 Crores will be reserved for subscription by market Maker (market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 17,76,000 equity shares of face value of Rs. 10 each at an issue price of Rs. 24 per equity share aggregating to Rs. 4.26 Crores (is hereinafter referred to as the net issue). The issue and the net issue will constitute 38.72 %and 36.74 %, 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 i.e. 2.4 times of the face value. The Minimum of 6000 equity shares and in multiples of 6000 equity shares thereafter.

Novateor Research Laboratories Ltd IPO Subscription Details

Company

Novateor Research Laboratories Ltd

Issue Type

Fixed Price - SME

Open Date

30 Aug

Close Date

04 Sep

Offer Price

24.00

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  • 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 Novateor Research Laboratories Ltd IPO

Company Contact Information

Novateor Research Laboratories Ltd IPO
B-1001 10th Floor Block-B,
Titanium City Center 100ftRoad,
Ahmedabad, Gujarat 380015.

Phone: 91-79-4039 5888
Email: compliancenovateor&gmail.com

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