Resurgere Mines & Minerals India Ltd IPO

Closed

IPO Subscription Details

  • Open Date 11 Aug
  • Close Date 13 Aug
  • Lot Size 20
  • IPO Size ₹ 120.15 Cr
  • IPO Price Range ₹ 270
  • Min Investment ₹ 5400

IPO Synopsis

Public issue of 44,50,000 equity shares of Rs.10/- each of Resurgere Mines & Minerals India Limited (Resurgere or the issuer or our company) at a price of Rs.270/- per equity share (including a share premium of Rs.260/- per equity share) for cash aggregating Rs.120.15 Crores (hereinafter referred to as this issue).This issue comprises of reservation of 250,000 equity shares aggregating Rs.6.75 Crores for eligible employees on a competitive basis and the net issue to the public of 42,00,000 equity shares aggregating Rs.113.40 Crores. The net issue would constitute 14.72% of the post issue paid-up capital of our company. Issue Price is Rs.270/- per equity share of face value Rs.10/- The issue price is 27 times of the face value

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 Resurgere Mines & Minerals India Ltd IPO

Contact Information

Address

15 Morvi House 28/30 Goa Stree,
Ballard Estate,
Mumbai, Maharashtra 400038