InvestorQ : What are the significant details of the Anupam Rasayan IPO?
Riya Dwivedi made post
IPO

What are the significant details of the Anupam Rasayan IPO?

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tanvi Patel answered.
1 month ago
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The IPO of Anupam Rasayan opens on 12th Mar 2021 and closes on 16th March 2021. The company will sell 1.37 crore shares in a fresh issue, amounting to about 16% of the paid-up equity, through the IPO. The company has fixed a price band of Rs553-555 a share for its Rs760-cr initial share sale. The lot size is 27 shares and retail investors can bid for a maximum of 13 lots. At the upper price band, Anupam Rasayan will be valued at Rs 5,545 crore.

The listing of Anupam Rasayan shares is likely to be finalized on 19th Mar and shares could get listed on 24th March 2021.

IPO SNAPSHOT

Issue openMarch 12, 2021 – March 16, 2021
Issue typeBook built issue IPO
Issue sizeEquity shares of Rs 10 (aggregating up to Rs760cr)
Face valueRs 10 per equity share
Issue priceRs 553-Rs 555 per equity share
Market lot27 shares
Min. order quantity27 shares
Listing atBSE, NSE

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