Axita Cotton Ltd IPO

Closed

Subscription Details

  • Open Date 27 Dec
  • Close Date 02 Jan
  • Lot Size 2000
  • IPO Size ₹ 10.51 Cr
  • IPO Price Range ₹ 60
  • Min Investment ₹ 120000

Axita Cotton Ltd IPO Timeline

Open Date
27 Dec
Close Date
02 Jan
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Public issue of 17,52,000 equity shares of face value of Rs. 10 each of Axita Cotton Limited (axita or the company or the issuer) for cash at a price of Rs. 60 per equity share including a share premium of Rs. 50 per equity share (the issue price) aggregating to Rs. 10.51 Crores (the issue), of which 92,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 60 per equity share including a share premium of Rs. 50 per equity share aggregating to Rs. 0.55 Crores will be reserved for subscription by market maker to the issue (the market maker reservation portion). The issue less the market maker reservation portion i.e. Net issue of 16,60,000 equity shares of face value of Rs. 10 each at a price of Rs. 60 per equity share including a share premium of Rs. 50 per equity share aggregating to Rs. 9.96 Crores is herein after referred to as the net issue. The issue and the net issue will constitute 26.74% and 25.34% respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10 each and the issue price is Rs. 60. The issue price is 6 times of 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 Axita Cotton Ltd IPO

Contact Information

Address

Survey No 324,357,358,
Kadi Thol Road Borisana Kadi,
Mahesana, Gujarat 382715

Axita Cotton Ltd IPO Lead Manager

Beeline Broking Ltd
Open Demat Account