EKI Energy Services Ltd IPO

Closed

Subscription Details

  • Open Date 24 Mar
  • Close Date 26 Mar
  • Lot Size 1200
  • IPO Size ₹ 18.6 Cr
  • IPO Price Range ₹ 102
  • Min Investment ₹ 122400

EKI Energy Services Ltd IPO Timeline

Open Date
24 Mar
Close Date
26 Mar
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Initial public offer of 18,24,000 equity shares of face value of Rs. 10 each (equity shares) of EKI Energy Services Limited (company or issuer) for cash at a price of Rs. 102 per equity share (including a share premium of Rs. 92 per equity share) Aggregating to Rs. 18.60 Crores (the issue). The issue includes a reservation of 96,000 equity shares of face value Rs. 10 each for cash at a price of Rs. 102/- per equity share, aggregating to Rs. 0.98 Crores reserved for subscription by the Market maker to the issue (the market maker reservation portion). The issue less market maker reservation portion i.e. Net issue of 17,28,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 102/- per equity share, aggregating to Rs. 17.63 Crores is hereinafter refered to as the net issue. The issue and the net issue will constitute 26.53% and 25.14% respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10 each. The price band and the minimum bid lot will be decided by 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 EKI Energy Services Ltd IPO

Contact Information

Address

201 Plot No 48 Scheme No 78,
Part II Vijay Nagar,
Indore, Madhya Pradesh 452010

EKI Energy Services Ltd IPO Lead Manager

Hem Securities Ltd
Open Demat Account