Jointeca Education Solutions Ltd IPO

Closed

Subscription Details

  • Open Date 16 Aug
  • Close Date 21 Aug
  • Lot Size 8000
  • IPO Size ₹ 5.35 Cr
  • IPO Price Range ₹ 15
  • Min Investment ₹ 120000

Jointeca Education Solutions Ltd IPO Timeline

Open Date
16 Aug
Close Date
21 Aug
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Public issue of 35,68,700 equity shares of Rs. 10/- each (Equity Shares) issued for cash at a premium of Rs. 5/- per equity share i.e. at a price of Rs. 15/- per equity share aggregating to Rs. 5.35 crores (The Issue) by Jointeca Education Solutions Limited (The Company or The Issue) of which, 5,04,000 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 the market maker reservation portion i.e. issue of 30,64,700 equity shares of Rs. 10 each is hereinafter referred to as the Net Issue. The face value of the share is Rs. 10/- each and the issue price is 1.5 times of the face value. The issue and the net issue to the public would constitute 35.69% and 30.65%, respectively of the post issue paid up equity share capital of the company. The issue is being made in terms of chapter XB of the SEBI (ICDR) regulations, 2009 as amended from time to time. Issue Price: Rs. 15/- per equity share of face value of Rs. 10/- The Issue price is 1.5 times of the face value of equity share.

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 Jointeca Education Solutions Ltd IPO

Contact Information

Address

53B Geeta Enclave,
Near VK Garg Krishna Nagar,
Mathura, Uttar Pradesh 281004

Jointeca Education Solutions Ltd IPO Lead Manager

Ajcon Global Services Ltd
Open Demat Account