Jindal Cotex Ltd IPO

Closed

Subscription Details

  • Open Date 27 Aug
  • Close Date 01 Sep
  • Lot Size 90
  • IPO Size ₹ 93.4 Cr
  • IPO Price Range ₹ 75
  • Min Investment ₹ 6750

Jindal Cotex Ltd IPO Timeline

Open Date
27 Aug
Close Date
01 Sep
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Public issue of 1,24,53,894 Equity shares of face value of Rs. 10/- each (Equity shares) for cash at a price of Rs. 75 per equity share (including a premium of Rs. 65 per equity share) aggregating Rs. 93.40 Crores (the issue) comprising of promoters contribution of 12,03,894 equity shares of Rs. 10 each at a price of Rs. 75 for cash aggregating Rs. 9.03 Crores (referred to as the promoters contribution) and reservation for eligible employees of the company of 5,00,000 equity shares Rs. 10 each at a price of Rs. 75 for cash aggregating Rs. 3.75 Crores (referred to as the (Employee Reservation portion). The net issue to the public is of 1,07,50,000 equity shares of Rs. 10 each at a price of Rs. 75 for cash aggregating Rs. 80.63 Crores (referred to as the net issue). The net issue shall constitute 43.00% of the post issue paid up capital of the company. Issue Price: Rs.75 Per Equity Share of Face Value of Rs. 10 Each. The Issue Price is 7.5 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 Jindal Cotex Ltd IPO

Contact Information

Address

V P O Jugiana,
G T Road,
Ludhiana, Punjab 141017

Jindal Cotex Ltd IPO Lead Manager

Saffron Capital Advisors Pvt Ltd
Open Demat Account