Shubham Polyspin Ltd IPO

Closed

Subscription Details

  • Open Date 28 Sep
  • Close Date 04 Oct
  • Lot Size 3000
  • IPO Size ₹ 6 Cr
  • IPO Price Range ₹ 40
  • Min Investment ₹ 120000

Shubham Polyspin Ltd IPO Timeline

Open Date
28 Sep
Close Date
04 Oct
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Public issue of 1500000 equity shares of face value of Rs. 10 each of Shubham Polyspin Limited (shubham or the company or the issuer) for cash at a price of Rs. 40 per equity share including a share premium of Rs. 30 per equity share (the issue price) aggregating to Rs.6 Crores (issue), of which 78000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 40 per equity share including a share premium of Rs. 30 per equity share aggregating to Rs. 0.31 Crores will be reserved for subscription by market maker to the issue (the market maker reservation portion). The issue less the market maker reservation portion i.e. Net issue of 1422000 equity shares of face value of Rs. 10 each at a price of Rs. 40 per equity share including a share premium of Rs.30 per equity share aggregating to Rs. 5.69 Crores is herein after referred to as the net issue. The issue and the net issue will constitute 27.22% and 25.81% 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. 40. The issue price is 4 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 Shubham Polyspin Ltd IPO

Contact Information

Address

BNo 748 Saket IndustrialEstate,
Nr Kaneria Oil Mill Jet-BasaRd,
Mehesana, Gujarat 382728

Shubham Polyspin Ltd IPO Lead Manager

Beeline Broking Ltd
Open Demat Account