Thursday, June 30, 2022
  • About
  • Advertise
  • Careers
Scoftware Magazine
  • Home
  • Politics
  • Business
  • Culture
  • Opinion
  • Lifestyle
  • Entertainment
  • Login
No Result
View All Result
Scoftware Magazine
Home Business

India Pesticides IPO subscribed 1.29 times on Day 1, receives bid for Rs 2.4 crore shares

Jaleel M. by Jaleel M.
June 23, 2021
in Business
0
India Pesticides IPO subscribed 1.29 times on Day 1, receives bid for Rs 2.4 crore shares
0
SHARES
10
VIEWS
Share on FacebookShare on Twitter



The IPO that has opened today will end on 25 June. The India Pesticides IPO is going to be finalised by Wednesday, 30 June. The issue type is Book Built Issue IPO.

Related posts

10 grams of 24-carat stands at Rs 50,790; silver at Rs 61,200 per kilogram  

10 grams of 24-carat stands at Rs 50,790; silver at Rs 61,200 per kilogram  

May 18, 2022
How will you get tax benefits under new I-T rules for charitable organisations? Read on to find out

How will you get tax benefits under new I-T rules for charitable organisations? Read on to find out

May 17, 2022

The India Pesticides Limited’s initial public offering (IPO) opened today, 23 June. The IPO of the agrochemical manufacturer was subscribed 1.24 times on day 1 (23 June). As reported by CNBCTV18, against the IPO size of 1.93 crore equity shares, it received bids for 2.40 crore shares.

Retail investors subscribed their portion of the IPO 2.42 times while that of non-institutional investors was subscribed 16 percent. Qualified institutional investors are yet to bid for subscriptions.

The IPO that has opened today will end on 25 June. The India Pesticides IPO is going to be finalised by Wednesday, 30 June. The issue type is Book Built Issue IPO.

The IPO has a size of Rs 800 crore out of which Rs 100 crore is to be raised from fresh issues while Rs 700 crore will be raised from the offer of sale (OFS) by existing shareholders.

On 22 June, when the company raised Rs Rs 240 crore from its anchor investors, the size of the IPO became 1.93 crore equity shares, after reducing by 81,08,107 equity shares.

The price band of Rs 290-296 per share has been fixed for the IPO. The lot size of India Pesticides IPO is 50 and a trader can subscribe to a maximum of 13 lots. The minimum investment limit is Rs 14,800 while the maximum investment limit is Rs 1,92,400.

The promoter holding before the issue was 82.68 percent and after the issue, it is going to be reduced to 72 percent.

The tentative date for the listing of India Pesticides Limited IPO is 5 July.



Source link

Previous Post

Sensex down by 282 points, Nifty ends at 15,686.95; today’s top gainers and losers

Next Post

Share tweets directly on Instagram Stories, Twitter rolls out new feature on iOS

Next Post
Share tweets directly on Instagram Stories, Twitter rolls out new feature on iOS

Share tweets directly on Instagram Stories, Twitter rolls out new feature on iOS

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

TikTok to roll out option to create longer videos of up to three minutes

TikTok to roll out option to create longer videos of up to three minutes

12 months ago
Influencer Hannah Bronfman Is Pregnant With Her First Child

Influencer Hannah Bronfman Is Pregnant With Her First Child

2 years ago
Beijing expands scope of draft national security law for Hong Kong: Reports, East Asia News & Top Stories

Beijing expands scope of draft national security law for Hong Kong: Reports, East Asia News & Top Stories

2 years ago
Sensex climbs 295 points, Nifty ends at 14,942; today’s top gainers and losers-Business News , Firstpost

Sensex climbs 295 points, Nifty ends at 14,942; today’s top gainers and losers-Business News , Firstpost

1 year ago

FOLLOW US

  • 114 Followers
  • 29.5k Followers
  • 172k Subscribers

BROWSE BY CATEGORIES

  • Business
  • Culture
  • Entertainment
  • Lifestyle
  • Music
  • National
  • News
  • Opinion
  • Politics
  • Sports
  • Tech
  • Travel
  • World News

BROWSE BY TOPICS

2018 League Balinese Culture Bali United Budget Travel Champions League Chopper Bike Doctor Terawan Istana Negara Market Stories National Exam Visit Bali

POPULAR NEWS

  • Charles B and Kamil Ghaouti Collaborate on Groovy New Track “You’re Not Mine,” featuring LauraBrown. Out on Protocol Recordings

    Charles B and Kamil Ghaouti Collaborate on Groovy New Track “You’re Not Mine,” featuring LauraBrown. Out on Protocol Recordings

    0 shares
    Share 0 Tweet 0
  • Kris Jenner Spills Details About Her Sex Life With Corey Gamble: Watch

    0 shares
    Share 0 Tweet 0
  • Sam Heughan & Graham McTavish Are Men in Kilts for Travel Show

    0 shares
    Share 0 Tweet 0
  • Salted vs. Unsalted Pistachios

    0 shares
    Share 0 Tweet 0
  • Common Saints Release New Single “Idol Eyes”

    0 shares
    Share 0 Tweet 0
  • About
  • Advertise
  • Careers

© 2020 Scoftware.com

No Result
View All Result
  • Home
  • Politics
  • Business
  • Culture
  • National
  • Sports
  • Lifestyle
  • Travel
  • Opinion

© 2020 Scoftware.com

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Terms and Conditions - Privacy Policy