Suraksha Diagnostic IPO: The IPO of Suraksha Diagnostics, which opened for subscription on Friday, November 29, is going to close today. Tuesday, December 3 is the last day of this IPO. Suraksha Diagnostics wants to raise a total of Rs 846.25 crore through this IPO. This is a mainboard IPO, which will be listed on both the major exchanges of the Indian stock market, BSE and NSE. Under this IPO, the company has fixed the price band of Rs 420 to Rs 441 for each share with face value of Rs 2.
Suraksha Diagnostic's IPO is completely OFS based
A total of 1,91,89,330 shares will be issued under this IPO. Not a single new share will be issued under this IPO. This IPO is completely OFS based. That means the promoters of the company will issue all the 1,91,89,330 shares. Retail investors will have to invest at least Rs 14,994 for one lot under this IPO. Investors will be given 34 shares in one lot. Retail investors can invest Rs 1,94,922 for a maximum of 13 lots. In this amount he will be given 442 shares.
How many subscriptions were received in two days?
Let us tell you that this IPO, which opened on November 29, has received a very weak response from investors in the first two days. This IPO has received a total of 0.25 times subscription in two days. You may be surprised to know that no subscription has been received from QIB for this IPO in the first two days. Whereas only 0.13 times subscription has been received from NII and 0.45 times subscription has been received from retail investors.
The company will be listed in the stock market on Friday, December 6.
After the IPO closes today, the allotment of shares will be done on Wednesday, December 4. Shares will be credited to the demat accounts of investors on December 5. After which finally the company will be listed in the stock market on Friday, 6th December.
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