Subh Tex (India) Ltd IPO

Closed

Subscription Details

  • Open Date 30 Sep
  • Close Date 07 Oct
  • Lot Size 10000
  • IPO Size ₹ 3.5 Cr
  • IPO Price Range ₹ 10
  • Min Investment ₹ 100000

Subh Tex (India) Ltd IPO Timeline

Open Date
30 Sep
Close Date
07 Oct
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Public issue of 35,00,000 equity shares of Rs. 10 each (Equity Shares) of Subh Tex (India) Limited (The Company or The Issuer) for cash at par, aggregating Rs. 3.5 crores. (The Issue), of which 1,80,000 equity shares of face value of Rs. 10 each will be reserved for subscription by the Market Makers to the issue (The Market Maker Reservation Portion). The issue less Market Maker reservation portion i.e. issue of 33,20,000 equity shares of face value Rs. 10 each at par aggregating Rs. 3.32 crores is hereinafter referred ao as the Net Issue. The issue and the net issue will constitute 31.82% and 30.18% respectively of the fully diluted post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10 each and the issue price of Rs. 10 is 1 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 Subh Tex (India) Ltd IPO

Contact Information

Address

18 Surti Chambers,
2nd Dhobi Talao Lane,
Mumbai, Maharashtra 400002

Subh Tex (India) Ltd IPO Lead Manager

Basan Financial Services Ltd
Open Demat Account