Teerth Gopicon Ltd’s initial public offering (IPO) witnessed a phenomenal response, subscribed over 74 times. The strong demand indicates significant investor interest in the company.
Teerth Gopicon Ltd’s Rs 44.4 crore IPO subscribed over 74 times
The going public of Ahmedabad-based Teerth Gopicon Ltd, a business participated in design building as well as advancement, has actually been registered for over 74 times. Non institutional Investor classification obtained the highest possible passion amongst financiers as well as was subscribed over 97 times. Retail sector was signed up for 42 times.
Teerth Gopicon IPO Soars: Subscribed Over 74 Times!
Teerth Gopicon Ltd’s initial public offering (IPO) received a strong response from investors, with subscriptions exceeding 74 times the offered shares. This robust demand signifies sig
The business’s SME IPO dimension was Rs 44.40 crore
The firm obtained quotes for over 26 crore equity share accumulating overall membership quantity of over Rs 2,925 crores versus the 39.99 lakh shares used in the general public problem. The general public concern shut for membership on April 10. Business’s shares will certainly obtain noted the Emerge Platform of the National Stock Exchange on April 16, 2024. Interactive Financial Services Ltd is the lead supervisor of the concern …
The going public consists of a fresh problem of 39.99 lakh equity shares of stated value Rs 10 each. The business has actually dealt with cost of Rs 111 per equity show to the general public concern (consisting of a costs of Rs 101 per equity share). Out of the concern profits of Rs 44.40 crore business prepares to use Rs 33.40 crore in the direction of working resources needs and also Rs 10.24 crore in the direction of basic business function. Minimum whole lot dimension for the application is 1200 shares which equates in to financial investment of Rs. 1.33 lakh per application. Retail financier allocation for the IPO is gone on 50% of the internet deal.
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