Diggi Multitrade Ltd IPO

IPO Synopsis

Public issue of 26,00,000 equity shares of face value of Rs. 10/- each of Diggi Multitrade Limited (DML or the company or the issuer) for cash at a price of Rs. 13 per equity share including a share premium of Rs.3 per equity share (the issue price) aggregating to Rs. 3.38 Crores (the issue), of which 140,000 equity shares of face value of Rs. 10 each will for cash at a price of Rs.13 per equity share including a share premium of Rs.3 per equity share aggregating to Rs.0.18 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 24,60,000 equity shares of face value of Rs. 10 each at a price of Rs.13 per equity share aggregating to Rs.3.20 Crores is hereinafter referred to as the net issue. The issue and the net issue will constitute 26.87% and 25.42 %, respectively of the post issue paid up equity share capital of the company. The face value of equity shares is Rs.10 each and the issue price of Rs.13 is 1.3 time of the face value