Newever Trade Wings Ltd IPO

Closed

IPO Subscription Details

  • Open Date 30 Sep
  • Close Date 03 Oct
  • Lot Size 10000
  • IPO Size ₹ 6.32 Cr
  • IPO Price Range ₹ 10
  • Min Investment ₹ 100000

IPO Synopsis

Public issue of 63,20,000 equity shares of face value of Rs. 10 each (Equity Shares) of Newever Trade Wings Limited (The Company or The Issuer) for cash at par, aggregating Rs. 6.32 crores (The issue), of which 3,20,000 equity shares of Rs. 10 each will be reserved for subscription by the market makers to the issue (the market maker reservation portion). The issue less market maker reservattion portion i.e. issue of 60,00,000 equity shares of Rs. 10 each for cash at par aggregating Rs. 6.00 crores is hereinafter refered to as the Net Issue. The issue and the net issue will constitute 26.39% and 25.06% 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 of Rs. 10 is 1 time of the face value.

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 Newever Trade Wings Ltd IPO

Contact Information

Address

238B AJC Bose Road,
Unit 4B Fourth Floor,
Kolkata, West Bengal 700020

Newever Trade Wings Ltd IPO Lead Manager

Inventure Merchant Banker Services Pvt Ltd