Steps to Invest in an IPO on 5paisa
09/29/2020
Pavna Industries Ltd IPO
Closed
Subscription Details
- Open Date
- Close Date
- Minimum Investment
- Lot Size
- IPO Size
- IPO Price Range
Timeline
- Open Date
- Close Date
- Basis of Allotment
- Refunds
- Credit to Demat Account
- Listing Date
IPO Synopsis
Initial public issue of 18,00,000 equity shares of Rs. 10 each (equity shares) of Pavna Industries Limited (PIL or the company) for cash at a price of Rs. 165 per share (the issue price), aggregating to Rs. 29.70 crores (the issue), consisting of fresh issue of 9,02,400 equity shares aggregating to Rs. 14.89 crores and an offer for sale of 8,97,600 equity shares by Mrs. Asha Jain (the promoter selling shareholder or the selling shareholders) aggregating to Rs. 14.81 crores (offer for sale), of which 96,000 equity shares of Rs. 10 each will be reserved for subscription by market maker to the issue (the market maker reservation portion). The issue less than the market maker reservation portion i.e. Issue of up to 17,04,000 equity shares of Rs. 10 each is hereinafter referred to as the net issue. The issue and the net issue will constitute 29.55% and 27.98%, respectively of the post issue paid up equity share capital of the company. The Face value of the equity shares is Rs. 10 and the issue price is 16.5 times of the face value.How to Apply for an IPO?
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Login to your 5paisa account and select the issue in the current IPO section
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Enter the number of lots and price at which you wish to apply for
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Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
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You will receive a mandate notification to block funds in your UPI app
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You will receive a mandate notification to block funds in your UPI app
Frequently Asked Questions
An Initial Public Offering OR IPO is the process of issuing stock for sale for the first time by a private corporation to the public. A company can issue its stock for sale for the first time to raise money by issuing either debt or equity. In case, the company chooses the equity route, the first such offering of equity shares to the public via listing of the shares in the stock markets is called an IPO.
This is one of the processes that has to do with the pricing of the IPO. An IPO can be made either through book building method, the fixed price method or a combination of both.
While in book building the price at which securities will be offered/allotted is not known in advance to the investor (investor is aware of an indicative price range only), in the fixed price process price at which the securities are offered/allotted is known in advance to the investor.
When it comes to an IPO, there are 4 types of investors who can bid, as per SEBI guidelines. They are –
- Qualified institutional investors (QIIs)
- Anchor investors
- Retail investors and
- High net-worth individuals (HNIs)/Non-institutional investors (NII).
IPO subscription period is the period of time during which investors can promise to purchase shares of a security to be issued as initial public offering (IPO).
For details about the new IPO application process, click here.
To apply in an IPO with 5paisa:
- Login to the 5paisa website or mobile trading app
- Go to the Current IPOs section
- Select the IPO you wish to apply for
- Enter IPO details like price, quantity (lots) and your UPI ID
- Check details and Confirm
- Approve the UPI notification received on your phone (in BHIM App or your net banking app)
Contact Details of Pavna Industries Ltd IPO
Contact Information
Address
Vimlanchalhari Nagar,
,
Aligarh, Uttar Pradesh 202001
Pavna Industries Ltd IPO Lead Manager
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