Gaja Capital’s ₹550-crore IPO opens today
The IPO comprises a fresh issue of equity shares aggregating up to ₹450 crore and an Offer for sale of equity shares aggregating up to ₹100 crore .
Gaja Capital’s ₹550-crore IPO opened today, concluding on Friday. The price band is set at ₹152 to ₹160 per share, with an investment lot of 93 shares. The IPO includes a fresh issue of equity shares totaling ₹450 crore and an offer for sale of equity shares amounting to ₹100 crore. Qualified institutional buyers (QIB) are reserved for 50% of the shares, while non-institutional institutional investors (NII) and retail investors receive at least 15% and 35% of the offer, respectively.
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Also reported by 2 other outlets
- Gaja Capital IPO Opens Today, ₹550-Crore Issue Receives Strong Anchor Support freepressjournal.in
- Gaja Alternative IPO opens with 19% GMP economictimes.indiatimes.com
