Banka Bioloo Ltd IPO


IPO Subscription Details

  • Open Date 05 Feb
  • Close Date 16 Feb
  • Lot Size 1200
  • IPO Size ₹ 12.63 Cr
  • IPO Price Range ₹ 115
  • Min Investment ₹ 138000

IPO Synopsis

Public issue of 10,98,000 equity shares of Rs. 10 each (equity shares) of Banka Bioloo Limited (BBL or the company or the issuer) for cash at a price of Rs. 115 per share (the issue price), aggregating to Rs. 12.63 crores (the issue), of which up to 58,800 equity shares of Rs. 10 each 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. Issue of 10,39,200 equity shares of Rs. 10 each is hereinafter referred to as the net issue. The issue and the net issue will constitute 26.70% and 25.27%, respectively of the post issue paid up equity share capital of the company. The Face value of the equity share is Rs. 10 and the issue price is 11.50 times of the face value.

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 Banka Bioloo Ltd IPO

Contact Information

Plot No.11-4-651 A-109 Express,
Apartment Lakdi Ka Pool,
Hyderabad, Telangana 500004

Banka Bioloo Ltd IPO Lead Manager

Aryaman Financial Services Ltd

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