Add-Shop E-Retail Ltd IPO

Closed

Subscription Details

  • Open Date 21 Aug
  • Close Date 30 Aug
  • Lot Size 4000
  • IPO Size ₹ 6.23 Cr
  • IPO Price Range ₹ 26
  • Min Investment ₹ 104000

Add-Shop E-Retail Ltd IPO Timeline

Open Date
21 Aug
Close Date
30 Aug
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Public issue of 23,96,000 equity shares of face value of Rs. 10/- each (equity shares) of Add-Shop Promotions Limited (the company or the issuer) for cash at a price of Rs. 26/- per equity share, including a premuim of Rs 16/- per equity share (the issue price), aggregating Rs. 6.23 Crores (the issue), of which 1,32,000 equity shares of face value of Rs. 10/- for cash at a price of Rs. 26/- each aggregating 0.34 Crores will be reserved for subscription by market maker to the issue (the market maker reservation portion). The issue less market maker reservation portion i.e. Issue of 22,64,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 26/- per equity share, aggregating to Rs. 5.89 Crores is hereinafter referred to as the net issue. The issue and the net issue will constitute 37.01% and 34.97%, respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10 each and the issue price Rs. 26 is 2.6 times of the face value of the equity shares.

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

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Add-Shop E-Retail Ltd IPO

Contact Information

Address

B-304 Imperial Height,
150 ft Ring Road,
Rajkot, Gujarat 360005

Add-Shop E-Retail Ltd IPO Lead Manager

Fedex Securities Ltd
Open Demat Account