Technichem IPO opens day after today
GMP jumps over 20%; rate band, dangers, and key information to understand earlier than subscribing
A BSE SME issue, Technichem Organics IPO is about to open its three-days bidding window on december 31, 2024 with a fee band set between Rs 52 to Rs fifty five in line with share.
The IPO is scheduled to shut its subscription window on january 2, 2025.
right here is the whole thing you want to recognize approximately the Technichem Organics IPO before making an investment.
IPO information: what's on offer?
Technichem Organics IPO will function a clean difficulty of 45,ninety,000 fairness shares, amounting to a sum of Rs 25.25 crore. furthermore, it's also vital to word that during this SME trouble, there is no provide on the market (OFS) element, which means the complete problem consists of newly issued stocks.
The charge band for the problem has been set among RS 52 to Rs 55 in line with percentage, each with a data-face price of Rs 10. fascinated traders can bid for a minimum of 2,000 shares, and bids can most effective be placed in multiples of two,000 thereafter.
funding Breakdown
Retail traders will want to invest not less than Rs 1,10,000 (for 2,000 stocks), while HNI investors must invest for 4,000 stocks (Rs 2,20,000).