Escorp Asset Management Ltd IPO

Closed

Subscription Details

  • Open Date 31 Mar
  • Close Date 06 Apr
  • Lot Size 8000
  • IPO Size ₹ 3.24 Cr
  • IPO Price Range ₹ 15
  • Min Investment ₹ 120000

Escorp Asset Management Ltd IPO Timeline

Open Date
31 Mar
Close Date
06 Apr
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Public issue of 21,60,000 equity shares of Rs. 10 each (equity shares) of Escorp Asset Mangement Limited (EAML or the company) for cash at a price of Rs. 15 per share (the issue price), aggregating to Rs. 3.24 crores (the issue), of which 1,12,000 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 market maker reservation portion i.e. Issue of upto 20,48,000 equity shares of Rs. 10 each is hereinafter referred to as the net issue. The issue and the net issue will constitute 32.38% and 30.70%, respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10 and the issue price is 1.5 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 Escorp Asset Management Ltd IPO

Contact Information

Address

60 Khatau Building Ground Flr,
Alkesh Dinesh Modi Marg Fort,
Mumbai, Maharashtra 400001

Escorp Asset Management Ltd IPO Lead Manager

BCB Brokerage Pvt Ltd
Open Demat Account