Spice Communications Ltd(merged) IPO

Closed

Subscription Details

  • Open Date 25 Jun
  • Close Date 27 Jun
  • Lot Size 135
  • IPO Size ₹ 520.31 Cr
  • IPO Price Range ₹ 46
  • Min Investment ₹ 6210

Spice Communications Ltd(merged) IPO Timeline

Open Date
25 Jun
Close Date
27 Jun
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Public issue of 11,31,11,11 equity shares of Rs.10/- each of Spice Communications Limited (company or issuer) for cash at a price of Rs.46/- per equity share including a share premium of Rs.36/- per equity share aggregating to Rs.520.31 Crores (the issue). The issue comprises a net issue to public of 11,11,11,111 equity shares and a reservation for eligible employees of up to 20,00,000 equity shares at the issue price. The issue will constitute 16.39% of the fully diluted post-issue equity share capital of the company. The net issue would constitute 16.10% of the fully diluted post-issue equity share capital the company. Issue price Rs.46/- per equity share of face value of Rs.10/- The issue price is 4.6 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 Spice Communications Ltd(merged) IPO

Contact Information

Address

1005-1006 Kailash Bldg 10th Fl,
26 Kasturba Gandhi Marg,
New Delhi, New Delhi 110001

Spice Communications Ltd(merged) IPO Lead Manager

Enam Financial Consultants Pvt LtdUBS Securities India Pvt Ltd
Open Demat Account