Indian IPO Blog: OFS in 2019
    • Showing posts with label OFS in 2019. Show all posts
    Showing posts with label OFS in 2019. Show all posts

    Thursday, March 7, 2019

    Endurance Technologies OFS oversubscribed, cut off price fixed at Rs.1135

    March 07, 2019 0
    Endurance Technologies OFS oversubscribed, cut off price fixed at Rs.1135

    Endurance Technologies Offer for Sale was open for Non Retail category on 6-Mar-2019 and for Retail category on 7-Mar-2019 at a floor price of Rs.1100 a piece. The issue is oversubscribed by more than 2.5 times as per NSE website

    The cut-off price determined on the first day of OFS(06-Mar-2019) on the basis of bids received in the general category is Rs.1135

    The market price of Endurance Technologies was Rs.1178.10 on 7-Mar-2019. The stock has touched a 52 week low of Rs.1062 on 27-Nov-2018 and a 52 week high of Rs.1578.80 on 6-Aug-2018

    Stay tuned to IndianIPOBlog for latest updates on IPOs and OFSs in Indian markets
    - No comments:
    Tags , , ,

    Wednesday, March 6, 2019

    Endurance Technologies Offer for Sale

    March 06, 2019 0
    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
    - No comments:
    Tags , ,