Nandani Creation Ltd IPO

Closed

Subscription Details

  • Open Date 28 Sep
  • Close Date 03 Oct
  • Lot Size 4000
  • IPO Size ₹ 4.04 Cr
  • IPO Price Range ₹ 28
  • Min Investment ₹ 112000

Nandani Creation Ltd IPO Timeline

Open Date
28 Sep
Close Date
03 Oct
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Public issue of 14,44,000 equity shares of face value of Rs. 10 each (equity shares) of Nandani Creation Limited (thecompany or the issuer) for cash at a price of Rs. 28 per equity share, including a share premium of Rs. 18 per equity share (the issue price), aggregating Rs.4.04 crores (the issue), of which 76,000 equity shares of face value Rs. 10 each for cash at a price of Rs. 28 per equity share, aggregating Rs 0.21 crores will be reserved for subscriptions by the market maker to the issue (the market maker reservation portion). The issue less market maker reservation portion i.e. Issue of 13,68,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 28 per equity share, aggregating Rs. 3.83 crores is hereinafter referred to as the net issue. The issue and the net issue will constitute 48.96% and 46.38% respectively of the fully diluted post issue paid up equity share capital of the company. The face value of the equity shares is Rs.10 each and the issue price is Rs.28 is 2.8 times of the face value of the equity shares.

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 Nandani Creation Ltd IPO

Contact Information

Address

G-13 Kartarpura IndustrialArea,
Near 22 Godam,
Jaipur, Rajasthan 302006

Nandani Creation Ltd IPO Lead Manager

Indian Overseas BankPantomath Capital Advisors Pvt Ltd
Open Demat Account