Thaai Casting Ltd IPO Subscriptions Status Live Today
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February 15, 2024 - February 20, 2024
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Thaai Casting Ltd IPO Details
Issue Open | 15 February 2024 |
Issue Close | 20 February 2024 |
IPO Price | ₹73 to ₹77 per equity share |
Face Value | ₹10 per equity share |
IPO Size | ₹47.20 Cr. |
Listing At | NSE, SME |
IPO Lot Size | 1600 Shares |
- 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 to 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
If you do not get the allotment of on Thaai Casting Ltd IPO, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
The meaning of "Thaai Casting Ltd IPO GMP today" is the Grey Market Premium (GMP) for the initial public offering (IPO) of Thaai Casting Ltd IPO on the current day.
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.
Investing in IPOs carries risks, including the potential for price volatility, uncertainty about future performance, and the possibility of losing money if the stock price declines after the IPO.
Minimum and maximum order quantity is 1 lot only.
Post-issue shareholding of the Thaai Casting Ltd IPO promoter is [.]%.
Thaai Casting Ltd IPO share price ₹73 to ₹77 per share.
Thaai Casting Ltd IPO Shares will be listed at NSE SME.
You will receive on Thaai Casting Ltd IPO shares in your Demat account on February 21, 2024, if allotted.
Pre-issue shareholding of the Thaai Casting Ltd IPO promoter is 86.50%.
Closing date of Thaai Casting Ltd IPO is February 20, 2024.
Thaai Casting Ltd IPO shares will get listed on February 23, 2024.
An IPO prospectus is a legal document that provides detailed information about the company's business, financial performance, risks, and terms of the offering. It is filed with securities regulators and made available to potential investors.
Lot size of the Thaai Casting Ltd IPO is 1600 shares.
The face value of Thaai Casting Ltd IPO is ₹10 per share.
Opening date of Thaai Casting Ltd IPO is February 15, 2024.
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