Niks Technology Ltd IPO

Closed

IPO Subscription Details

  • Open Date 19 Mar
  • Close Date 23 Mar
  • Lot Size 600
  • IPO Size ₹ 2.01 Cr
  • IPO Price Range ₹ 201
  • Min Investment ₹ 120600

IPO Synopsis

Public Issue of 1,00,200 Equity Shares of face value of Rs. 10.00 each (Equity Shares) of Niks Technology Ltd (The Company or the Issuer) for cash at a price of Rs.201.00 per equity share including a share premium of Rs. 191.00 per equity share (The Issue Price) aggregating to Rs. 2.01 Crores (The Issue) comprising of a fresh issue of 33,200 equity shares aggregating to Rs. 0.67 Crores (The Fresh Issue) and an offer for sale of 67,000 equity shares by the Promoter Selling Shareholder (Offer for sale) aggregating to Rs. 1.35 Crores of which 5,400 equity shares of face value of Rs. 10.00 each for cash at a price of Rs. 201.00 per equity share including a share premium of Rs. 191.00 per equity share aggregating to Rs. 0.11 Crores will be reserved for subscription by market maker to the issue (The Market Maker Reservation Portion). The issue less the Market Maker Reservation Portion i.e. Net Issue of 94,800 equity shares of face value of Rs. 10.00 each at a price of Rs.201.00 per equity share including a share premium of Rs. 191.00 per equity share aggregating to 1.91 Crores (The Net Issue). The issue and the net issue will constitute 27.59% and 26.10% respectively of the post issue paid up equity share capital of the company. The Face Value of the equity share is Rs. 10.00 and The issue price is 20.1 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 Niks Technology Ltd IPO

Contact Information

Address

F No 501 Shiv Laxmi Plaza,
Old Bypass Main Rd Kankarbagh,
Patna, Bihar 800020

Niks Technology Ltd IPO Lead Manager

Gretex Corporate Services Pvt Ltd