Everest Kanto Cylinder Ltd IPO


IPO Subscription Details

  • Open Date 22 Nov
  • Close Date 25 Nov
  • Lot Size 40
  • IPO Size ₹ 90 Cr
  • IPO Price Range ₹ 160
  • Min Investment ₹ 6400

IPO Synopsis

Public Issue of 56,25,000 Equity Shares of Rs 10/- each for cash at a price of Rs. 160 (including premium of Rs. 150 per Equity share), aggregating Rs.90 crores (hereinafter referred to as the Issue) by Everest Kanto Cylinder Ltd. (hereinafter referred to as Everest or the Company or the Issuer). The issue would constitute 31.95% of the fully diluted post issue paid-up Equity Share capital of the Company. Issue Price is Rs. 160 per Equity Share of face value of Rs. 10 each. Issue Price is 16 times of the face value.

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 Everest Kanto Cylinder Ltd IPO

Contact Information


204 Raheja Centre,
FPJ Marg 214 Nariman Point,
Mumbai, Maharashtra 400021

Everest Kanto Cylinder Ltd IPO Lead Manager

SBI Capital Markets Ltd