IBL Finance Limited IPO Subscriptions Status Live Today
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January 09, 2024 - January 11, 2024
Closed
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IBL Finance Limited IPO Details
|
Issue Open |
09 January 2024 |
|
Issue Close |
11 January 2024 |
|
IPO Price |
₹51 per equity share |
|
Face Value |
₹10 per equity share |
|
IPO Size |
₹33.41 Cr. |
|
Listing At |
NSE, SME |
|
IPO Lot
Size |
2000 Shares |
IPO Investor Categories
· Qualified Institutional Buyers (QIB)- Qualified Institutional Buyers (QIBs) are typically large, financially sophisticated investors, such as mutual funds, insurance companies, pension funds, and hedge funds, who are considered to have the expertise and resources to evaluate investment opportunities. QIBs must meet certain financial criteria set by the Securities and Exchange Board of India (SEBI) to participate in an IPO. They are allowed to bid for shares at a price lower than the price at which shares are offered retail investors.· Non-Institutional Investors (NII) - Non-Institutional Investors (NIIs), on the other hand, are typically individual investors, High Net Worth Individuals (HNIs), or corporate bodies who do not meet the financial criteria to be classified as QIBs. They are allowed to participate in an IPO at the same price as retail investors.
NII category has two subcategories:
1. sNII - "sNII" stands for "Small Non-Institutional Investor." This subcategory includes investors who have bid for shares worth between Rs. 2 lakhs and Rs. 10 lakhs in an IPO.
2. bNII - "bNII" stands for "Big Non-Institutional Investor." This subcategory includes investors who have bid for shares worth more than Rs. 10 lakhs in an IPO.
· Retail Individual Investors (RII) - Retail Individual Investors (RIIs) are individual investors who apply for shares worth up to Rs. 2 lakhs in an IPO to encourage retail participation in the IPO process.
· Employee (EMP)- The Employee (EMP) category in an IPO is reserved for the employees, directors, and business associates of the issuer company, and the allocation of shares to this category is determined by the issuer company and the lead manager of the IPO.
· Others-
A category of eligible
shareholders or other investors with a reserved IPO quota.
Frequently Asked Question
Closing date of IBL Finance Limited IPO is January 11, 2024.
Going public provides companies with access to a larger pool of capital, allowing them to raise funds for expansion, research, and other business activities. It also offers liquidity to existing shareholders.
IBL Finance Limited IPO share price ₹51 per share.
You will receive on IBL Finance Limited IPO shares in your Demat account on January 12, 2023, if allotted.
Pre-issue shareholding of the IBL Finance Limited IPO promoter is 85.55%.
IBL Finance Limited IPO Shares will be listed at NSE SME.
Post-issue shareholding of the IBL Finance Limited IPO promoter is 62.89%.
The lock-up period is a predetermined timeframe after an IPO during which company insiders, such as executives and employees, are restricted from selling their shares. This helps prevent a sudden influx of shares into the market, which could negatively impact the stock price.
Opening date of IBL Finance Limited IPO is January 09, 2024.
IBL Finance Limited IPO shares will get listed on January 16, 2024.
IPO application is an online process by using UPI or ASBA as a payment method. ASBA IPO application is already available in the net banking of your respective bank account and the UPI application is offered by your Stockbroker, you can invest in SVS Limited IPO using any neatest method at your convenience.
Minimum and maximum order quantity is 1 lot only.
The IPO price is typically determined through a process led by the underwriters. They consider the company's financials, market conditions, and investor demand to establish an offering price that balances the interests of the company and investors.
Lot size of the IBL Finance Limited IPO is 2000 shares.
The meaning of "IBL Finance Limited IPO GMP today" is the Grey Market Premium (GMP) for the initial public offering (IPO) of IBL Finance Limited IPO on the current day.
The face value of IBL Finance Limited IPO is ₹10 per share.
If you do not get the allotment of on ibl finance limited products, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
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