Ankit Metal & Power Ltd IPO

Closed

Subscription Details

  • Open Date 18 Jun
  • Close Date 22 Jun
  • Lot Size 190
  • IPO Size ₹ 42.84 Cr
  • IPO Price Range ₹ 36
  • Min Investment ₹ 6840

Ankit Metal & Power Ltd IPO Timeline

Open Date
18 Jun
Close Date
22 Jun
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Public issue of 1,19,00,000 equity shares of Rs.10/- each for cash at a price of Rs.36/- per equity share (including a share premium of Rs.26/- per equity share) aggregating Rs.42.84 Crores by Ankit Metal & Power Limited (the company or issuer or AMPL) (hereinafter referred to as the issue) comprising of promoters contribution of 23,10,000 equity shares of face value of Rs.10/- (hereinafter reffered to as the promoters contribution), 11,90,000 equity shares of face value of Rs.10/- reserved for the employees of the company (hereinafter reffered to as the employees reseration portion) and a net offer to the public of 84,00,000 equity shares of Rs.10/- each (hereinafter referred to as the net offer to the public.) Of which 8,40,000 equity shares being 10% of the net offer to the public to be compulsorily alloted to QIBs. The net offer to the public would constitute 25.55 % of the fully diluted post issue paid up capital of the company. Issue Price Rs.36/- per equity shares of face value Rs.10/- The issue price is 3.6 times the face value The project has a participation of Rs.60.00 Crores as terms loans from consortium of banks.

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 Ankit Metal & Power Ltd IPO

Contact Information

Address

35 Chittranjan Avenue,
,
Kolkata, West Bengal 700012

Ankit Metal & Power Ltd IPO Lead Manager

Chartered Capital and Investment Ltd
Open Demat Account