Bhanderi Infracon Ltd IPO

Closed

Subscription Details

  • Open Date 22 Jul
  • Close Date 25 Jul
  • Lot Size 1200
  • IPO Size ₹ 6.48 Cr
  • IPO Price Range ₹ 120
  • Min Investment ₹ 144000

Bhanderi Infracon Ltd IPO Timeline

Open Date
22 Jul
Close Date
25 Jul
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Public issue of 5,40,000 equity shares of Rs. 10/- each fully paid up of Bhanderi Infracon Limited (BIL or the Company or the issuer) for cash at a price of Rs. 120/- per equity share (the issue price) (which includes a share premium of Rs. 110/- per equity share), aggregating to Rs. 6.48 crores (the issue), of which, 26,000 equity shares of Rs. 10/- each will be reserved for subscription by market makers to the issue (the market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 4,94,000 equity shares of Rs. 10/- each is hereinafter referred to as the net issue. The issue and the net issue will constitute 26.73% and 25.37%, respectively of the post issue paid up equity share capital of the company

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 Bhanderi Infracon Ltd IPO

Contact Information

Address

B/12 Jabuka Complex Below,
Vikas School Thakkar Bapanagar,
Ahmedabad, Gujarat 382350

Bhanderi Infracon Ltd IPO Lead Manager

Choice Capital Advisors Pvt Ltd
Open Demat Account