Orbit Corporation Ltd IPO

Closed

Subscription Details

  • Open Date 20 Mar
  • Close Date 23 Mar
  • Lot Size 50
  • IPO Size ₹ 100.1 Cr
  • IPO Price Range ₹ 110
  • Min Investment ₹ 5500

Orbit Corporation Ltd IPO Timeline

Open Date
20 Mar
Close Date
23 Mar
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Public Issue of 9,100,000 Equity Shares of Rs. 10 each for cash at a price of Rs.110/- per Equity Share aggregating Rs.100.1 Crores along with one detachable warrant per Equity Share (Issue). The Issue will aggregate 9,100,000 Equity Shares amounting to Rs.100.10 Crores. The Issue of Equity Shares will constitute 25.09% of the fully diluted post-issue Equity Share capital of our Company prior to conversion of detachable warrants and the Issue shall constitute 40.11% of the Equity Share capital of our Company after conversion of detachable warrants, assuming full conversion of the detachable warrants. Issue Price is Rs.110/- per equity share of face value Rs.10. Issue price is 11 times the face value

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 Orbit Corporation Ltd IPO

Contact Information

Address

Orbit Haven 1st Floor,
Darabsha Lane Napeansea Road,
Mumbai, Maharashtra 400036

Orbit Corporation Ltd IPO Lead Manager

Edelweiss Capital Ltd
Open Demat Account