Produced by: BT Desk
R K SWAMY IPO is a book built issue of Rs 423.56 crore. The issue is a combination of fresh issue of 0.6 crore shares aggregating to Rs 173.00 crore and offer for sale of 0.87 crore shares worth Rs 250.56 crore.
R K SWAMY IPO closes on March 6. The allotment for the R K SWAMY IPO is expected to be finalized on March 7.
R K SWAMY IPO will list on BSE, NSE with tentative listing date fixed as Tuesday, March 12.
R K SWAMY IPO price band is set at ₹270 to ₹288 per share. The minimum lot size for an application is 50 Shares.
The minimum amount of investment required by retail investors is ₹14,400. The minimum lot size investment for sNII is 14 lots (700 shares), amounting to ₹201,600, and for bNII, it is 70 lots (3,500 shares), amounting to ₹1,008,000.
The issue includes a reservation of up to 287,356 shares for employees offered at a discount of Rs 27 to the issue price
KFin Technologies has been appointed as the official registrar of this book build issue.
Canara Bank Securities, Reliance Securities, and Ventura Securities have given a 'buy' tag to this public issue whereas SMC Global has given a 'neutral' tag to the book build issue.
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