TGB Banquets & Hotels Ltd IPO

Closed

Subscription Details

  • Open Date 18 Apr
  • Close Date 25 Apr
  • Lot Size 175
  • IPO Size ₹ 92 Cr
  • IPO Price Range ₹ 40
  • Min Investment ₹ 7000

TGB Banquets & Hotels Ltd IPO Timeline

Open Date
18 Apr
Close Date
25 Apr
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Public issue of 2,30,00,000 equity shares of Rs.10/- each for cash at a price of Rs.40/- per equity share (including a share premium of Rs.30/- per equity share) aggregating Rs.92.00 Crores by Bhagwati Banquets and Hotels Limited (the company or issuer) (hereinafter referred to as the issue) comprising promoters contribution of 45,44,600 equity shares of rs 10/- each at a price of Rs.40/- for cash aggregating to Rs.18.18 Crores (hereinafter reffered to as the promoters contribution) and a net issue to the public of 1,84,55,400 equity shares of Rs.10/- each at a price of Rs.40/- for cash aggregating to Rs.73.82 Crores (hereinafter referred to as the net issue.) The net issue to public would constitute 63.02% of the post issue paid up capital of the company. Issue Price is Rs.40/- per equity share of face value Rs.10/- The issue price is 4 times 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 TGB Banquets & Hotels Ltd IPO

Contact Information

Address

The Grand Bhagwati,
Plot No 380 S G Highway,
Ahmedabad, Gujarat 380054

TGB Banquets & Hotels Ltd IPO Lead Manager

Chartered Capital and Investment Ltd
Open Demat Account