Shree OSFM E-Mobility IPO is going to open on 14th December. Investors will have the opportunity to place bets on this IPO till December 18. The company has fixed the price band for the IPO at Rs 65 per share.
Shree OSFM E-Mobility IPO: Shree OSFM E-Mobility IPO is going to open on 14th December. Investors will have the opportunity to place bets on this IPO till December 18. The company has fixed the price band for the IPO at Rs 65 per share. Let us tell you, the size of Shree OSFM e-Mobility IPO is Rs 24.60 crore.
A lot of 2000 shares
The company has made one lot of 2000 shares. Because of which any investor will have to place a bet of at least Rs 1,30,000. A retail investor can place bets on a single lot at most. Let us tell you, allotment of shares of the company is possible on 19th December 2023 and listing is possible on 21st December. The company will be listed in NSE SME.
50 percent of the IPO will be reserved for retail investors and 50 percent for others. This issue will be completely based on fresh shares. At present the promoters’ stake in the company is 76.02 percent. Which will increase to 55.88 percent after IPO.
