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Resurgere Mines & Minerals India Ltd IPO

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Public issue of 44,50,000 equity shares of Rs.10/- each of Resurgere Mines & Minerals India Limited (Resurgere or the issuer or our company) at a price of Rs.270/- per equity share (including a share premium of Rs.260/- per equity share) for cash aggregating Rs.120.15 Crores (hereinafter referred to as this issue).This issue comprises of reservation of 250,000 equity shares aggregating Rs.6.75 Crores for eligible employees on a competitive basis and the net issue to the public of 42,00,000 equity shares aggregating Rs.113.40 Crores. The net issue would constitute 14.72% of the post issue paid-up capital of our company. Issue Price is Rs.270/- per equity share of face value Rs.10/- The issue price is 27 times of the face value

Resurgere Mines & Minerals India Ltd IPO Subscription Details

Company

Resurgere Mines & Minerals India Ltd

Issue Type

(Book Built Portion)

Open Date

11 Aug

Close Date

13 Aug

Offer Price

270.00

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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

Resurgere Mines & Minerals India Ltd IPO Frequently Asked Questions

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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Contact Details of Resurgere Mines & Minerals India Ltd IPO

Company Contact Information

Resurgere Mines & Minerals India Ltd IPO
15 Morvi House 28/30 Goa Stree,
Ballard Estate,
Mumbai, Maharashtra 400038.

Phone: 91-22-66582500
Email: info@resurgere.in

Resurgere Mines & Minerals India Ltd IPO Register

Link Intime India Pvt Ltd

Resurgere Mines & Minerals India Ltd IPO Lead Manager(s)

  • Ashika Capital Ltd
  • Motilal Oswal Investment Advisors Pvt Ltd
  • PL Capital Markets Pvt Ltd

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