Indian IPO Blog: Endurance Technologies IPO
Showing posts with label Endurance Technologies IPO. Show all posts
Showing posts with label Endurance Technologies IPO. 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

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

Thursday, January 6, 2011

Endurance Technologies IPO gets IPO Grade 3 from CRISIL

January 06, 2011 0
Endurance Technologies IPO gets IPO Grade 3 from CRISIL
The proposed IPO of Endurance Technologies Ltd. has been assigned an IPO Grade 3/5 by credit rating agency CRISIL. The grade indicates that the fundamentals of the IPO are average relative to other listed equity securities in India

CRISIL assigns IPO Grades on a scale of IPO Grade 1 to IPO Grade 5 with IPO Grade 1 indicating poor fundamentals and IPO Grade 5 indicating strong fundamentals

Stay tuned to Indian IPO Blog for the latest updates on Endurance Technologies IPO!