Darshan Orna Ltd IPO

Closed

Subscription Details

  • Open Date 02 May
  • Close Date 11 May
  • Lot Size 2000
  • IPO Size ₹ 7.54 Cr
  • IPO Price Range ₹ 60
  • Min Investment ₹ 120000

Darshan Orna Ltd IPO Timeline

Open Date
02 May
Close Date
11 May
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Public offer of 12,56,000 equity shares of face value of Rs. 10/- each (equity shares) of Darshan Orna Limited (the company or the issure) for cash at a price Rs. 60/- per equity share (including a share premium of Rs. 50/- per equity share) (issue price) aggregating to Rs. 7.54 crores (the issue), of which 64,000 equity shares of face value of Rs. 10/- each for a cash price of Rs. 60/- per equity share, aggregating to Rs. 0.38 crores will be reserved for subscription by market maker (market maker reservation portion). The issue less the market maker reservation portion i.e. issue of 11,92,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 60.00 per equity share aggregating to Rs. 7.15 crores (the net issue). The issue and the net issue will constitute 26.36% and 25.02%, 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 offer price of Rs. 60/- i.e. 6.0 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 Darshan Orna Ltd IPO

Contact Information

Address

102 1st Flr Shree Balaji Parag,
Near Circle-P C G Road,
Ahmedabad, Gujarat 380009

Darshan Orna Ltd IPO Lead Manager

First Overseas Capital Ltd
Open Demat Account