Nifty 18042 (-0.93%)
Sensex 60538.51 (-0.99%)
Nifty Bank 40264.75 (-1.49%)
Nifty IT 35298 (-0.58%)
Nifty Financial Services 19173.55 (-1.70%)
Adani Ports 692.50 (-7.15%)
Asian Paints 3103.45 (0.28%)
Axis Bank 772.60 (-1.89%)
B P C L 423.45 (-0.99%)
Bajaj Auto 3779.50 (0.08%)
Bajaj Finance 7404.00 (-1.04%)
Bajaj Finserv 17870.60 (-0.79%)
Bharti Airtel 696.50 (-0.83%)
Britannia Inds. 3698.20 (0.01%)
Cipla 916.80 (-0.62%)
Coal India 169.20 (-2.53%)
Divis Lab. 5196.15 (0.91%)
Dr Reddys Labs 4642.65 (-0.43%)
Eicher Motors 2544.95 (-1.51%)
Grasim Inds 1720.60 (-0.45%)
H D F C 2874.00 (-1.41%)
HCL Technologies 1169.05 (-0.69%)
HDFC Bank 1617.65 (-1.53%)
HDFC Life Insur. 684.55 (-1.34%)
Hero Motocorp 2691.00 (0.03%)
Hind. Unilever 2383.80 (-0.53%)
Hindalco Inds. 466.40 (-2.80%)
I O C L 128.75 (-1.57%)
ICICI Bank 816.10 (-2.26%)
IndusInd Bank 1205.55 (5.51%)
Infosys 1720.00 (-0.52%)
ITC 230.85 (-3.19%)
JSW Steel 671.70 (-1.93%)
Kotak Mah. Bank 2148.75 (-1.81%)
Larsen & Toubro 1832.45 (2.68%)
M & M 888.10 (0.15%)
Maruti Suzuki 7467.90 (1.52%)
Nestle India 19020.25 (0.08%)
NTPC 139.40 (-1.34%)
O N G C 151.35 (-4.15%)
Power Grid Corpn 190.05 (-0.11%)
Reliance Industr 2619.50 (-0.30%)
SBI Life Insuran 1170.35 (-1.32%)
Shree Cement 28275.00 (0.60%)
St Bk of India 508.00 (-2.15%)
Sun Pharma.Inds. 822.50 (-0.32%)
Tata Consumer 815.65 (-0.38%)
Tata Motors 487.45 (-2.10%)
Tata Steel 1298.70 (-2.07%)
TCS 3471.75 (-0.52%)
Tech Mahindra 1571.40 (0.23%)
Titan Company 2415.00 (-1.83%)
UltraTech Cem. 7472.50 (1.61%)
UPL 742.50 (0.13%)
Wipro 665.50 (-0.83%)

Mindtree Ltd IPO

Closed

IPO Synopsis

Public Issue of 5,593,300 Equity Shares of Rs. 10 each for cash at a price of Rs.425/- per equity share including a share premium of Rs.415/- per equity share (The Issue) by Mindtree Consulting Limited (The Company Or The Issuer), aggregating Rs.237.72 Crores. The issue comprises a Net issue of 4,940,740 equity shares of Rs.10/- each (The Net Issue), A reservation of upto 372,900 equity shares of Rs.10/- each for our eligible employees (The Employee Reservation Portion) and a reservation of Up to 279,660 equity shares of Rs.10/- each for our Business Associates (The Business Associate Reservation Portion). The issue less the Employee Reservation Portion and The Business Associate Reservation Portion is referred to as the Net Issue. The issue would constitute 15% of the fully diluted post issue paid-up capital of the company. The Net Issue will constitute 13.25% of the fully diluted post issue paid-up capital of the company. Issue Price is Rs.425/- per equity share of face value of Rs.10/-. The Issue price is 42.5 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

    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 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

    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

    You will receive a mandate notification to block funds in your UPI app

  • You will receive a mandate notification to block funds in your UPI app

    You will receive a mandate notification to block funds in your UPI app

Don’t have a Demat account? Open one with 5paisa today!

Keep your documents and get your account activated to start applying for Mindtree Ltd IPOs in just few hours.

Frequently Asked Questions

An Initial Public Offering OR IPO is the process of issuing stock for sale for the first time by a private corporation to the public. A company can issue its stock for sale for the first time to raise money by issuing either debt or equity. In case, the company chooses the equity route, the first such offering of equity shares to the public via listing of the shares in the stock markets is called an IPO.

 

This is one of the processes that has to do with the pricing of the IPO. An IPO can be made either through book building method, the fixed price method or a combination of both.

While in book building the price at which securities will be offered/allotted is not known in advance to the investor (investor is aware of an indicative price range only), in the fixed price process price at which the securities are offered/allotted is known in advance to the investor.

When it comes to an IPO, there are 4 types of investors who can bid, as per SEBI guidelines. They are –

  1. Qualified institutional investors (QIIs)
  2. Anchor investors
  3. Retail investors and
  4. High net-worth individuals (HNIs)/Non-institutional investors (NII).

 

IPO subscription period is the period of time during which investors can promise to purchase shares of a security to be issued as initial public offering (IPO).

Check: IPO Application Process

For details about the new IPO application process, click here.

To apply in an IPO with 5paisa:

  • Login to the 5paisa website or mobile trading app
  • Go to the Current IPOs section
  • Select the IPO you wish to apply for
  • Enter IPO details like price, quantity (lots) and your UPI ID
  • Check details and Confirm
  • Approve the UPI notification received on your phone (in BHIM App or your net banking app)

A Red Herring Prospectus, or offer document, is filed by a company to SEBI. This document is very useful to as it provides detailed information about the company’s business operations, financials, promoters and the company’s objective for raising funds.

Contact Details of Mindtree Ltd IPO

Contact Information

Address

Global Village RVCE Post,
Mysore Road,
Bangalore, Karnataka 560059

Have more question about Mindtree Ltd IPO?

Join 5paisa community and ask your questions