Endurance Technologies Offer for Sale - Indian IPO Blog

Wednesday, March 6, 2019

Endurance Technologies Offer for Sale

Offer for Sale - OFS
Company: Endurance Technologies Limited
Bloomberg Code: ENDU IN EQUITY
Selling Shareholder: Mr. Anurang Jain (Promoter of the Company)
Offer size: 6,363,637 equity shares (Base size) with face value of INR 10 per equity share with an oversubscription option of 4,189,051 equity shares (Oversubscription size)
Floor Price: INR 1,100.00 per share (Discount of 12.6% to Last Close Price of INR 1,259.30 as on March 5, 2019 on NSE)
Offer Size at Floor Price: INR 7,000 MM i.e. USD 98.9 MM (Base size) and INR 4,608 MM i.e. USD 65.1 MM (Oversubscription Size)
Public Announcement and Floor Price Announcement (T-1): Tuesday, March 5, 2019
Trade Date for non-Retail investors (T): Wednesday, March 6, 2019
Trade Date for Retail Investors (T+1): Thursday, March 7, 2019
Selling Broker: Axis Capital Limited

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