AVG Logistics Ltd IPO

Closed

Subscription Details

  • Open Date 28 Mar
  • Close Date 03 Apr
  • Lot Size 1200
  • IPO Size ₹ 33.06 Cr
  • IPO Price Range ₹ 107
  • Min Investment ₹ 128400

AVG Logistics Ltd IPO Timeline

Open Date
28 Mar
Close Date
03 Apr
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Initial public issue of 30,90,000 equity shares of face value of Rs. 10/- each (equity shares) of AVG Logistics Limited (the company or the issuer) for cash at a price of Rs. 107 per equity share, including a share premium of Rs. 97 per equity share (the issue price), aggregating Rs. 33.06 crores (the issue), of which 1,54,800 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 107 per equity share, aggregating Rs. 1.65 crores will be reserved for the market maker to the issue (the market maker reservation portion). The public issue less market maker reservation portion i.e. Net issue to public will be 29,35,200 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 107 per equity share, aggregating Rs. 31.41 crores is hereinafter refered to as the net issue. The public issue and the net issue will constitute 30.01% and 28.50% respectively of the post issue raid up equity share capital of the company. The Face Value of the equity shares is Rs. 10 each. The issue price is Rs.107 per equity shares and issue price is 10.7 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 AVG Logistics Ltd IPO

Contact Information

Address

Shop No. 25 DDA Market,
Savita Vihar,
Delhi, Delhi 110092

AVG Logistics Ltd IPO Lead Manager

Systematix Corporate Services Ltd
Open Demat Account