Silverpoint Infratech Ltd IPO

Closed

Subscription Details

  • Open Date 12 Aug
  • Close Date 14 Aug
  • Lot Size 8000
  • IPO Size ₹ 12 Cr
  • IPO Price Range ₹ 15
  • Min Investment ₹ 120000

Silverpoint Infratech Ltd IPO Timeline

Open Date
12 Aug
Close Date
14 Aug
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Public offer of 80,00,000 equity shares of Rs. 10 each (Equity Shares) of Silverpoint Infratech Limited (The Company) through an offer for sale of 40,00,000 equity shares by Saffron Vinimay Private Limited and 40,00,000 equity shares by Shivmangal Commercial Private Limited (Selling Shareholders) for cash at a price of Rs. 15 per equity share (The Offer Price), aggregating Rs. 12.00 crores (The Offer). The offer comprises a reservation of 4,16,000 equity shares of Rs. 10 each for subscription by The Market Maker to the issue (The Market Maker Reservation Portion). The offer less Market Maker reservattion portion i.e. Offer of 75,84,000 equity shares of Rs. 10 each for cash at a price of Rs. 15 per Equity share aggregating Rs. 11.38 crores is hereinafter refered to as the Net Offer. The offer and the net offer will constitute 40.43% and 38.32% respectively of the fully diluted post issue paid up equity share capital of the company.

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 Silverpoint Infratech Ltd IPO

Contact Information

Address

301 3rd Floor Ananta Bhawan,
94 Vivekanand Nagar P O Podrah,
Howrah, West Bengal 711109

Silverpoint Infratech Ltd IPO Lead Manager

Inventure Merchant Banker Services Pvt Ltd
Open Demat Account