IPO : Thaai Casting Ltd
Thaai Casting Ltd IPO
| SYMBOL | TCL |
| ISSUE TYPE | Book Built Issue IPO |
| ISSUE OPENS ON | Thursday, February 15, 2024 |
| ISSUE CLOSES ON | Tuesday, February 20, 2024 |
| ISSUE PRICE | ₹73 to ₹77 per share |
| ISSUE SIZE | Up to Rs.47.20 Crores |
| FACE VALUE | Rs.10 per share |
Thaai Casting IPO is a book built issue of Rs 47.20 crores. The issue is entirely a fresh issue of 61.3 lakh shares.
Thank you for reading this post, don't forget to subscribe!Thaai Casting IPO opens for subscription on February 15, 2024 and closes on February 20, 2024. The allotment for the Thaai Casting IPO is expected to be finalized on Wednesday, February 21, 2024. Thaai Casting IPO will list on NSE SME with tentative listing date fixed as Friday, February 23, 2024.
| MINIMUM BID | 1600 shares |
| MINIMUM AMOUNT | Rs.123,200 |
| MAXIMUM BID | 1600 shares |
| MAXIMUM AMOUNT | Rs.123,200 |
| LISTING DATE | Friday, February 23, 2024 |
| LISTING AT | NSE-SME |
Thaai Casting IPO price band is set at ₹73 to ₹77 per share. The minimum lot size for an application is 1600 Shares. The minimum amount of investment required by retail investors is ₹123,200. The minimum lot size investment for HNI is 2 lots (3,200 shares) amounting to ₹246,400.
Objects of the Issue (Thaai Casting IPO Objectives)
The objects of the Issue are: –
- To meet out the Capital Expenditure;
- To meet out the General Corporate Purposes; and
- To meet out the Issue Expenses.
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