Insecticides India Ltd IPO

Closed

Subscription Details

  • Open Date 07 May
  • Close Date 11 May
  • Lot Size 60
  • IPO Size ₹ 36.92 Cr
  • IPO Price Range ₹ 115
  • Min Investment ₹ 6900

Insecticides India Ltd IPO Timeline

Open Date
07 May
Close Date
11 May
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Public issue of 32,10,000 equity shares of Rs.10/- each for cash at a price of Rs.115/- per equity share, including share premium of Rs.105/- per equity share aggregating Rs.36.92 Crores by Insecticides (India) Limited ( the company or the issuer). The issue comprises of reservation of 32,100 equity shares aggregating Rs.0.37 Crores for permanent employees (employees reservation portion) on a competitive basis and the net issue to the public of 31,77,900 equity shares aggregating Rs.36.54 Crores. The net issue to the public would constitute 25.06% of the fully diluted post issue paid up capital of the company. Issue Price is Rs.115/- per equity share of face value of Rs.10/- each. The issue price is 11.5 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 Insecticides India Ltd IPO

Contact Information

Address

401-402 Lusa Tower,
Azadpur Commercial Complex,
Delhi, Delhi 110033

Insecticides India Ltd IPO Lead Manager

UTI Securities Ltd
Open Demat Account