IPO : Euphoria Infotech India Limited
Euphoria Infotech India Limited IPO
Thank you for reading this post, don't forget to subscribe!| SYMBOL | EUPHORIA |
| ISSUE TYPE | Book Built Issue IPO |
| ISSUE OPENS ON | Friday, January 19, 2024 |
| ISSUE CLOSES ON | Tuesday, January 23, 2024 |
| ISSUE PRICE | ₹96 to ₹100 per share |
| ISSUE SIZE | Up to Rs.9.60 Crores |
| FACE VALUE | Rs.10 per share |
Euphoria Infotech India IPO is a book built issue of Rs 9.60 crores. The issue is entirely a fresh issue of 9.6 lakh shares.
Euphoria Infotech India IPO opens for subscription on January 19, 2024 and closes on January 23, 2024. The allotment for the Euphoria Infotech India IPO is expected to be finalized on Wednesday, January 24, 2024. Euphoria Infotech India IPO will list on BSE SME with tentative listing date fixed as Monday, January 29, 2024.
| MINIMUM BID | 1200 shares |
| MINIMUM AMOUNT | Rs.120,000 |
| MAXIMUM BID | 1200 shares |
| MAXIMUM AMOUNT | Rs.120,000 |
| LISTING DATE | Monday, January 29, 2024 |
| LISTING AT | BSE-SME |
Euphoria Infotech India IPO price band is set at ₹96 to ₹100 per share. The minimum lot size for an application is 1200 Shares. The minimum amount of investment required by retail investors is ₹120,000. The minimum lot size investment for HNI is 2 lots (2,400 shares) amounting to ₹240,000.
Objects of the Issue (Euphoria Infotech India IPO Objectives)
The company intends to utilize the Net Fresh Issue Proceeds for the following Objects
- Working Capital requirement; and
- General Corporate Expenses
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