Current Infrap projects IPO in Focus Today: The bursary trading of current infrap projects, which opened today, August 26, has been subscribed, and has received a bid for 3.71 CRore shares against the 35 Lakh shares offered, which led to an overall subscription of 10.60 times, according to the exchange data. The retail investors’ segment had the highest demand signed 11.93 times, while the non -institutional investor (NII) section was subscribed 9.83 times, and the qualified institutional buyer (QIB) section showed a strong interest with a 9.88 times. The company plans to utilize the net returns of the IPO for investment in its wholly owned subsidiary, Current Infra Dhanbad Solar Private Limited, to set up an 1800 kW solar power plant under the Resco model at IIT (ISM), Dhanbad, Jharkhand, as well as its working capital requirements and general corporate purposes. Current Infrap projects Edition Details 1. Current Infrap projects IPO date: The edition has been opened today, August 29, for subscription, and will be concluded on Friday 29 August. 3. Current Infrap projects IPO size: The company intends to raise £ 41.80 crore through the IPO, which is a new 52 Lakh shares issue. 4. Current Infrap projects IPO -Lot size: The IPO -Lot size is set at 3200 shares, which requires a minimum investment of £ 2.56 lakh for retail investors. 5. Current Infraprojects IPO discussion: The IPO offers 24.22 Lakh shares to QIB, 7.29 Lakh shares were reserved for non-institutional buyers, and 17.05 Lakh shares to retail investors. 6. Current Infrap projects IPO AT ADAY: The IPO Award date has been set for Monday 01 September. Investors receiving an award will see the shares in their Demat accounts by Tuesday, September 02, while those who do not do so will process their refunds on the same day. 7. Current Infrap projects IPO list: The SME -IPO is suggested to list on the NSE on Wednesday, September 3. 8. Current Infrap projects IPO GMP: According to market sources, the GMP of the current IPO IPO IPO on Tuesday 43, suggesting that the stock price of £ 123 will be. 9. Current Infrap projects IPO Book Manager and Registrar: Holani Consultants Pvt. Ltd. is the general manager of books and Bigshare Services Pvt. Ltd. is the registrar of the edition. The market maker of the business is Holani Consultants Pvt. Ltd. 10. Current Infrap projects Review: Founded in 2013, the current Infraprojects Limited (CIPL) is a company for infrastructure and renewable energy that offers civil, mechanical, electrical and water engineering. The company specializes in engineering, procurement and construction services (EPC), and offers comprehensive solutions in solar, electric, water and civil EPC contracts, including interiorworks and road furniture, all on a fixed-sum-turnkey base. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or brokerage companies, and not of currency. We advise investors to check with certified experts before making investment decisions.
Current Infrap projects IPO Day 1: Last GMP, Subscription Status, List of Date and Other Details About SME -IPO
