Ltd IPO


IPO Subscription Details

  • Open Date 11 Sep
  • Close Date 13 Sep
  • Lot Size 15
  • IPO Size ₹ 496.88 Cr
  • IPO Price Range ₹ 985
  • Min Investment ₹ 14775

IPO Synopsis

Initial public offering of 5,102,151 equity shares of face value of Rs. 5.00 each (equity shares) of Limited (the company or the issuer) for cash at a price of Rs. 985 per equity share including a share premium of Rs. 980 per equity share, aggregating Rs. 496.88crores (the offer) comprising a fresh issue of 1,334,897 equity shares by the company aggregating Rs. 130.00 crores (the fresh issue) and an offer for sale of 3,767,254 equity shares aggregating Rs.366.88 crores (comprising offer for sale of 1,461,006 equity shares by Bessemer India Capital Holdings II Ltd. aggregating Rs. 142.28 crores, offer for sale of 155,760 equity shares by Mayfield XII, Mauritius Aggregating to Rs.15.17 Crores, offer for sale of 1,683,207 equity shares by CMDB II aggregating Rs.163.92 Crores, offer for sale of 384,447 equity shares by Murugavel Janakiraman (Promoter selling shareholder) aggregating to Rs.37.44 Crores and offer for sale of 82,834 equity shares by Indrani Janakiraman (A member of the promoter group) aggregating Rs.8.07 Crores (Collectively, the Selling shareholders) (Collectively the offer for sale). The offer includes a reservation of 5,636 equity shares aggregating Rs.0.50 crores for eligible employees (the Employee reservation portion). The offer less the employee reservation portion is referred to as the Net Offer. The offer and the net offer shall constitute 22.58% and 22.56% of the post offer paid up equity share capital of the company, respectively. * A discount of Rs.98 to the offer price may be offered to Retail Individual Bidders (Retail Discount) and eligible employees bidding in the employee reservation portion (Employee Discount). The face value of the equity shares of Rs.5 each. The anchor investor offer price is Rs.985 per equity share. The offer price is Rs.985 per equity share, which is 197 times the face value of the 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

Contact Details of Ltd IPO

Contact Information


94 TVH Beliciaa Towers 10thFlr,
Tower-II MRC Nagar Mandaveli,
Chennai, Tamil Nadu 600028 Ltd IPO Lead Manager

Axis Capital LtdICICI Securities Ltd