Commex Technology Ltd IPO


IPO Subscription Details

  • Open Date 27 Aug
  • Close Date 31 Aug
  • Lot Size 200
  • IPO Size ₹ 45.25 - 45.25 Cr
  • IPO Price Range ₹ 30
  • Min Investment ₹ 6000

IPO Synopsis

Follow - on public issue of [*] equity shares of Rs.2/- each for cash at a price of Rs.[*] including premium of Rs.[*] per equity share aggregating Rs.45.25 Crores (herein after referred to as the issue) by IT People (India) Limited (the company or the issuer). The issue is comprised of reservation upto [*] equity shares at the issue price aggregating Rs.2.26 Crores for the eligible employees of the company and reservation for group company (s) / shareholders of group company (s) upto [o] equity shares at the issue price aggregating Rs.4.53 Crores and net issue to the public of [*] equity shares at the issue price, aggregating to Rs.38.46 Crores. The issue would constitute [*]% of the fully diluted post issue paid-up capital of the company. Price band: Rs.30/- to Rs.32/- per equity share of face value Rs.2/- each Issue price is 15 times of the face value at the lower end of the price band and 16 times of the face value at the higher end of the price band.

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 Commex Technology Ltd IPO

Contact Information


B-401 Unit No-42 4th Floor,
Vasudev Chambers Andheri (E),
Mumbai, Maharashtra 400069