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Graphisads Limited IPO day 2: Issue subscribed 1.02 times

December 2, 2023
in Business
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Graphisads Limited IPO day 2: Issue subscribed 1.02 times

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Graphisads Restricted IPO subscription standing: Graphisads IPO was absolutely subscribed on the second day of bidding, ending the commerce with 1.02 occasions subscription. The subscription, which began on November 30, will stay open for 4 days and can conclude for bidding on December 5, 2023. Shares of the corporate shall be listed on the SME platform of the Nationwide Inventory Change (NSE).

The general subscription stands at 1.02 occasions, with a complete of 48,52,800 shares bid for out of the 45,69,600 shares supplied.  

Graphisads Restricted IPO: Value Band and Lot Dimension

The corporate has a set value of Rs 111 per fairness share with a face worth of Rs 10.

Traders can bid for no less than 1200 shares and in multiples thereof.

Graphisads Restricted IPO: Allotment

The Preliminary Public supply or IPO is completely a recent Difficulty of 48,12,000 Fairness Shares (Together with Market Maker portion of two,42,400 Fairness Shares).

In accordance with the main points out there, the allotment is more likely to be finalised on December 8. The standing will be checked on the official web site of the registrar – Kfin Applied sciences Restricted.

Graphisads Restricted, which is within the built-in advertising, promoting, and communications area. The corporate’s clientele contains authorities our bodies of virtually all of the states of India, non-public companies, and public sector enterprises. Among the many outstanding purchasers are likes of LIC, NTPC, Air India, NSDC, Adani Enterprises, Tata Group, Delhi Authorities, Airtel, VIVO, Maruti Suzuki, NHPC and many others.

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