South West Pinnacle Exploration Ltd IPO

Closed

Subscription Details

  • Open Date 06 Feb
  • Close Date 08 Feb
  • Lot Size 1600
  • IPO Size ₹ 35.86 Cr
  • IPO Price Range ₹ 78
  • Min Investment ₹ 124800

South West Pinnacle Exploration Ltd IPO Timeline

Open Date
06 Feb
Close Date
08 Feb
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Initial public offer consisting of fresh issue of 45,96,800 equity shares of face value of Rs. 10/- each fully paid for cash at a price of Rs. 78 Per equity share (the issue price) (including a share premium of Rs. 68 Per equity share) aggregating up to Rs. 35.86 crores (the issue), of which 2,35,200 Equity shares of face value of Rs. 10/- each for cash at a price of Rs. 78/- per equity share, aggregating Rs. 1.83 crores will be reserved for subscription by the market maker to the issue (the market maker reservation portion) and 80,000 Equity shares of Rs. 10/- each for cash at price of Rs. 78 Per equity share aggregating Rs. 0.62 crores will be reserved for subscription by eligible employees (the employees reservation portion). The issue less market maker reservation portion and employees reservation portion i.e. Issue of 42,81,600 Equity shares of face value of Rs. 10/- each for cash at a price of Rs. 78/- per equity share, aggregating Rs. 33.40 crores is hereinafter refered to as the net issue. The issue and the net issue will constitute 32.95% and 30.69% respectively of the fully diluted post issue paid up equity share capital of the company. The face value of equity shares is Rs.10 each. The issue price is Rs.78 and is 7.8 times 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 South West Pinnacle Exploration Ltd IPO

Contact Information

Address

Siddhartha House 4th Floor,
Plot No. 6 Sector - 44,
Gurgaon, Haryana 122003

South West Pinnacle Exploration Ltd IPO Lead Manager

Pantomath Capital Advisors Pvt Ltd
Open Demat Account