Spice Communications Ltd(merged) IPO


IPO 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

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 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

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

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