Astec Lifesciences Ltd IPO


IPO Subscription Details

  • Open Date 29 Oct
  • Close Date 04 Nov
  • Lot Size 75
  • IPO Size ₹ 61.5 Cr
  • IPO Price Range ₹ 82
  • Min Investment ₹ 6150

IPO Synopsis

Public issue of 75,00,000 equity shares of Rs.10/- each for cash at a price of Rs. 82 per equity share, aggregating Rs. 61.50 Crores (the issue). The issue comprises a reservation of 1,00,000 equity shares of Rs. 10/- each aggregating Rs. 0.82 Crores for subscription by eligible employees (the employee reservation portion) at the issue price, and net issue of 74,00,000 equity shares of Rs. 10/- each aggregating Rs. 60.68 Crores. The issue constitutes 44.30% of the fully diluted post issue paid-up capital of the company. The issue price is 8.2 times the face value of equity shares

How to apply for 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 Astec Lifesciences Ltd IPO

Contact Information

GodrejOne 3rd Fl Pirojshanagar,
Vikhroli (E) Eastern Exp Highw,
Mumbai, Maharashtra 400079

Astec Lifesciences Ltd IPO Lead Manager

Almondz Global Securities LtdIDBI Capital Market Services Ltd

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