Shubhlaxmi Jewel Art Ltd IPO

Closed

Subscription Details

  • Open Date 22 Nov
  • Close Date 27 Nov
  • Lot Size 4000
  • IPO Size ₹ 6.51 Cr
  • IPO Price Range ₹ 26
  • Min Investment ₹ 104000

Shubhlaxmi Jewel Art Ltd IPO Timeline

Open Date
22 Nov
Close Date
27 Nov
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Initial public offer consisiting fresh issue of 25,04,000 equity shares of face value of Rs. 10/- each fully paid of Shubhlaxmi Jewel Art Limited (the issuer or the company) for cash at a price of Rs. 26 per equity share (including a share premium of Rs. 16 per equity share) (the issue price) aggregating Rs. 6.51 Crores (the issue) of which 1,28,000 equity shares of face value Rs. 10/- each for cash at a price of Rs. 26 per equity share, aggregating Rs. 0.33 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. Issue of 23,76,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 26 per equity share, aggregating Rs. 6.18 Crores is hereinafter refered to as the net issue The issue and the net issue will constitute 30.15% and 28.61%, respectively of the fully diluted 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 of Rs. 26 is 2.6 times of the face value of the equity shares.

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 Shubhlaxmi Jewel Art Ltd IPO

Contact Information

Address

Shop No 1 Ground Flr D&I Excel,
Waghawadi Road,
Bhavnagar, Gujarat 364002

Shubhlaxmi Jewel Art Ltd IPO Lead Manager

Pantomath Capital Advisors Pvt Ltd
Open Demat Account