Resurgere Mines & Minerals India Ltd 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

Resurgere Mines & Minerals India Ltd IPO Timeline

Open Date
11 Aug
Close Date
13 Aug
Basis of Allotment
Credit to Demat Account
Listing Date

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 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 Resurgere Mines & Minerals India Ltd IPO

Contact Information


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

Open Demat Account