Sintercom India Limited which is engaged
in the business of manufacturing sintered metal automotive components of
engines, announced date for its upcoming SME IPO in India. The issue will start
from 5 Feb, 2018 and will close on 7 Feb, 2018. The total issue size is 65,46,000
equity shares.
The price band is Rs 63 to Rs 65 per
equity share while offer size is Rs 42.55 crore. The face value of this public
offer is 10 per share and will be listed on National Stock Exchange platform.
The minimum bid lot is 2000 equity
shares and its multiples thereafter. The IPO of 65,46,000 equity shares
consists of a fresh issue of 30,16,000 equity shares and an OFS upto 10,31,213
equity shares by Victora Stock Invest P. Ltd and up to 24,98,787 equity shares by Maurill
Industries Ltd.
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