Asirvad Microfinance Ltd IPO
IPO Details
- Open Date TBA
- Close Date TBA
- Lot Size -
- IPO Size -
- IPO Price Range -
- Min Investment -
- Listing Exchange -
- Basis of Allotment TBA
- Refunds TBA
- Credit to Demat Account TBA
- Listing Date TBA
IPO Synopsis
About Asirvad Microfinance Ltd
Initial public offer of up to [*] equity shares of face value of Rs. 10 each (Equity Shares) of Asirvad Micro Finance Limited (Company) for cash at a price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share) (Issue Price) aggregating up to Rs. 1500.00 crores (Fresh Issue or the Issue). The company in consultation with the brlms, may consider a further issue of specified securities as may be permitted under applicable law to any person(s) for a cash consideration aggregating up to Rs. 300.00 crores, at its discretion, prior to the roc (preipo placement). If the pre-ipo placement is undertaken, the fresh issue size will be reduced to the extent of such pre-ipo placement, subject to the issue complying with rule 19(2)(b) of the securities contracts (regulation) rules, 1957, as amended (scrr). The face value of equity shares is Rs. 10 each. The issue price is [*] times the face value of the equity shares. The price band and the minimum bid lot shall be decided by the company.
Asirvad Microfinance Ltd Financial Status
How to apply for IPO?
-
Login to your 5paisa account and select the issue in the
current IPO section -
Enter the number of lots and price at which you wish to
apply for -
Enter your UPI ID and click on submit. With this, your
bid will be placed with the exchange -
You will receive a mandate notification to block funds in
your UPI app -
Approve the mandate request on your UPI and funds
will be blocked