Artemis Electricals Ltd IPO

Closed

Subscription Details

  • Open Date 24 Apr
  • Close Date 06 May
  • Lot Size 2000
  • IPO Size ₹ 42 Cr
  • IPO Price Range ₹ 60
  • Min Investment ₹ 120000

Artemis Electricals Ltd IPO Timeline

Open Date
24 Apr
Close Date
06 May
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Initial Public Issue of 70,00,000 equity shares of face value of Rs. 10 each (equity shares) of Artemis Electricals Limited (the company or the issuer) for cash at a price of Rs. 60 per equity share (the issue price), (including a premuim of Rs. 50 per equity share), aggregating Rs. 42 Crores (the issue), of which 3,56,000 equity shares of face value of Rs. 10 for cash at a price of Rs. 60 each aggregating Rs. 2.14 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 66,44,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 60 per equity share, aggregating to Rs. 39.86 Crores is hereinafter referred to as the net issue. The issue and the net issue will constitute 28.34 and 26.89 respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs.10 each. The issue price is Rs.60 and is 6 times the face value of the equity shares. Bid can be made for a minimum of 2000 equity shares and in multiples of 2000 equity shares thereafter.

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 Artemis Electricals Ltd IPO

Contact Information

Address

Artemis Complex Gala No. 105 &,
108 National Exp. Way Vasai(E),
Thane, Maharashtra 401208

Artemis Electricals Ltd IPO Lead Manager

Fedex Securities Pvt Ltd
Open Demat Account