Pansari Developers Ltd IPO

Closed

Subscription Details

  • Open Date 30 Sep
  • Close Date 06 Oct
  • Lot Size 6000
  • IPO Size ₹ 10.19 Cr
  • IPO Price Range ₹ 22
  • Min Investment ₹ 132000

Pansari Developers Ltd IPO Timeline

Open Date
30 Sep
Close Date
06 Oct
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Public issue of 46,32,000 equity shares of face value of Rs. 10.00 each of Pansari Developers Limited (the company or the issuer) for cash at a price of Rs. 22 per equity share (including a share premium of Rs. 12 per equity share) (issue price) aggregating to Rs. 10.19 crores (the issue), of which 2,40,000 equity shares of face value of Rs. 10.00 each for a cash price of Rs. 22 per equity share, aggregating to Rs. 0.53 crores will be reserved for subscription by market maker (market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 43,92,000 equity shares of face value of Rs. 10.00 each at an issue price of Rs. 22 per equity share aggregating to Rs. 9.66 crores (is hereinafter referred to as the the net issue). The issue and the net issue will constitute 26.55% and 25.17%, respectively of the 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. 22 The issue price is 2.2 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

  • 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 Pansari Developers Ltd IPO

Contact Information

Address

14 N S Road,
4th Floor,
Kolkata, West Bengal 700001

Pansari Developers Ltd IPO Lead Manager

Hem Securities Ltd
Open Demat Account