The BSE SME IPO is a book-building concern of Rs 58.8 crore. It contains solely a recent concern of 70 lakh shares. The value band for the IPO has been fastened between Rs 82 and Rs 84 per share.
Retail traders can take part within the IPO by bidding for at the least two heaps comprising 3,200 shares. This quantities to a minimal funding of Rs 2,62,400. Excessive Web-Price People (HNIs) can bid for at the least three heaps, amounting to an funding of Rs 4,03,200.
Cumulative Capital Pvt. is the book-running lead supervisor of the Patel Chem Specialities IPO. MUFG Intime India Pvt. is the registrar and Globalworth Securities Ltd. is the market maker for the difficulty.
The SME IPO noticed an total subscription of 19.25 occasions on Monday, as per the Chittorgarh knowledge.
Keep forward of the curve with NextBusiness 24. Discover extra tales, subscribe to our publication, and be a part of our rising neighborhood at nextbusiness24.com
