Adhunik Metaliks Ltd IPO

Closed

Subscription Details

  • Open Date 13 Mar
  • Close Date 17 Mar
  • Lot Size 150
  • IPO Size ₹ 100 Cr
  • IPO Price Range ₹ 37
  • Min Investment ₹ 5550

Adhunik Metaliks Ltd IPO Timeline

Open Date
13 Mar
Close Date
17 Mar
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Public issue of 27027027 equity shares of Rs. 10 each (Equity Shares) for cash at a price of Rs.37 per equity share aggregating to Rs.100 crores (Issue) by Adhunik Metaliks Limited (AML or the Company or the Issuer). The issue comprises of a reservation for employees of 1351351 equity shares of Rs. 10 each aggregating Rs.5 Crores and a net issue to the public of 25675676 equity shares of Rs. 10 each (the Net Issue) aggregating Rs.95 Crores. The issue will constitute 29.62 % of the fully diluted capital of the company after the issue. Issue Price Rs.37/- Per Equity Share of Face Value Rs.10/- The issue price is 3.7 times the face value.

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 Adhunik Metaliks Ltd IPO

Contact Information

Address

Chadri Hariharpur,
P O Kuarmunda,
Sundergarh, Orissa 770039

Open Demat Account