20 Microns Ltd IPO

Closed

Subscription Details

Open Date 08 Sep
Close Date 11 Sep
Lot Size 100
IPO Size ₹ 23.93 Cr
IPO Price Range ₹ 55
Min Investment ₹ 5500

20 Microns Ltd IPO Timeline

Open Date

08 Sep

Close Date

11 Sep

Basis of Allotment

Refunds

Credit to Demat Account

Listing Date

IPO Synopsis

Public Issue of 43,50,632 Equity Shares of Rs.10/- each (Equity Shares) of 20 Microns Limited (the Company or the Issuer) for Cash at a Price of Rs.55/- per Equity Share (including Share Premium of Rs.45/- per Equity Share), consisting of a Fresh Issue of 16,75,000 Equity Shares (Fresh Issue) and an Offer for Sale of 26,75,632 Equity Shares by Gujarat Venture Capital Fund 1995 (the Selling Shareholders), aggregating to Rs.23.93 Crores (the Issue). Upto 2,17,532 Equity Shares will be Reserved in the Issue for Subscription by Eligible Employees (the Employee Reservation Portion). The Issue less the Employee Reservation Portion is referred to as the Net Issue. The Issue would Constitute 30.81% of the Post Issue Paid -Up Capital of the Company. Issue Price is Rs.55/- per Equity Share of Face Value Rs.10 /- each The Issue Price is 5.5 times of the Face Value

20 Microns Ltd IPO Financial Status

How to Apply for an IPO?

Login to your 5paisa account 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 mandate notification to block funds in your UPI app
You will receive a mandate notification to block funds in your UPI app