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Sprayking Agro Equipment Ltd IPO

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Public issue of 8,88,000 equity shares of face value of Rs. 10 each (equity shares) of Sprayking Agro Equipment Limited (the company or the issuer) for cash at a price of Rs. 21 per equity share, including a share premium of Rs. 11 per equity share (the issue price), aggregating Rs. 1.86 crores (the issue), of which 48,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 21 per equity share, aggregating Rs. 0.10 crores will be reserved for subscription by the market maker to the issue (the market maker reservation portion). The issue less market maker reservation portion i.e. Issue of 8,40,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 21 per equity share, aggregating Rs. 1.76 crores is hereinafter refered to as the net issue. The issue and the net issue will constitute 27.99% and 26.48% respectively of the fully diluted 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. 21 is 2.1 times of the face value of the equity shares.

Sprayking Agro Equipment Ltd IPO Subscription Details

Company

Sprayking Agro Equipment Ltd

Issue Type

Fixed Price - SME

Open Date

31 Aug

Close Date

02 Sep

Offer Price

21.00

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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

Sprayking Agro Equipment 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 Sprayking Agro Equipment Ltd IPO

Company Contact Information

Sprayking Agro Equipment Ltd IPO
GIDC Phase II Plot No. 590,
Dared,
Jamnagar, Gujarat 361005.

Phone: 91-288-2730750
Email: info@spraykingagro.com

Sprayking Agro Equipment Ltd IPO Register

Sharex Dynamic (India) Pvt Ltd

Sprayking Agro Equipment Ltd IPO Lead Manager(s)

  • Pantomath Capital Advisors Pvt Ltd

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