Indus Towers Ltd IPO


IPO Subscription Details

  • Open Date 11 Dec
  • Close Date 14 Dec
  • Lot Size 50
  • IPO Size ₹ 4172.76 Cr
  • IPO Price Range ₹ 220
  • Min Investment ₹ 11000

IPO Synopsis

Public issue of 188,900,000 equity shares of a face value Rs. 10 each of Bharti Infratel Limited (The Company or The Issuer) for cash at a price of Rs. 220* per equity share (including a share premium of Rs. 210 per equity share) for QIB bidders (Other than Anchor Investors) and non institutional bidders and at a price of Rs. 210 per equity share (including a share premium of Rs. 200 per equity share) for retail individual bidders, aggregating to Rs. 4172.76 crores consisting of a fresh issue of 146,234,112 equity shares aggregating up to Rs. 3230.28 crores (The Fresh Issue) and an offer for sale of 42,665,888 equity share by the selling shareholders aggregating to Rs. 942.48 crores (The Offer for Sale and together with the fresh issue, The Issue). A discount of Rs. 10 to the issue price is being offered to Retail individual bidders. The issue will constitute 10% of the post-issue paid-up equity share capital of the company. Issue Price : Rs. 220 per equity share of face value of Rs. 10 each. The issue price is 22 times the face value of the equity shares. * A discount of Rs. 10 to the issue price has been offered to Retail Individual Bidders. The Retail Discount does not exceed 5% of the issue price. Anchor investor issue price is Rs. 230 per equity share.

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

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