Parin Furniture Ltd IPO

Closed

IPO Subscription Details

  • Open Date 26 Sep
  • Close Date 28 Sep
  • Lot Size 2000
  • IPO Size ₹ 18.9 Cr
  • IPO Price Range ₹ 63
  • Min Investment ₹ 126000

IPO Synopsis

Initial public offering of 30,00,000 equity shares of face value of Rs. 10 each (the equity shares), at an issue price of Rs. 63 per equity share for cash, aggregating to Rs.18.90 Crores [public issue] out of which 1,60,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 63 per equity share for cash, aggregating to Rs. 1.01 Crores will be reserved for subscription by the market maker to the issue (the market maker reservation portion). The issue less market maker reservation portion i.e. Net issue of 28,40,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 63 per equity share for cash, aggregating to Rs. 17.89 Crores is hereinafter referred to as the net issue. The public issue and net issue constitute 26.98% and 25.54% 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 6.30 times the face value of the equity shares.

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 Parin Furniture Ltd IPO

Contact Information

Address

Plot No. 6 Revenue Survey No.,
149 NH at Vavdi Gondal Road,
Rajkot, Gujarat 360004

Parin Furniture Ltd IPO Lead Manager

Hem Securities Ltd