SORIL Infra Resources Ltd IPO

Closed

IPO Subscription Details

  • Open Date 10 Nov
  • Close Date 16 Nov
  • Lot Size 50
  • IPO Size ₹ 108 Cr
  • IPO Price Range ₹ 120
  • Min Investment ₹ 6000

IPO Synopsis

Public Issue of 9,000,000 Equity Shares of Rs. 10 each for cash at a price of Rs 120 per Equity Share(including a premium of Rs. 110 per Equity Share) aggregating Rs. 108 crores by Piramyd Retail Limited. This includes Promoter contribution of 4,000,000 Equity Shares at a price of Rs. 120 aggregating Rs. 48 crores and the net offer to public comprises of 5,000,000 Equity Shares at a price of Rs. 120 aggregating to Rs. 60 crores. The net offer to public would constitute 25% of the fully diluted post issue paid up capital of the Issuer. The issue price is 12 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 SORIL Infra Resources Ltd IPO

Contact Information

Address

Plot No 448-451 Udyog Vihar,
Phase-V,
Gurugram, Haryana 122016