You are here: Home » News-CM » Companies » News
Business Standard

Affle India allots 11.53 lakh equity shares

Capital Market 

Under QIP issue

Affle India has allotted 11,53,845 Equity Shares to eligible qualified institutional buyers at a price of Rs. 5,200 per Equity Share, including a premium of Rs. 5190 per Equity Share. The price of Rs. 5,200 per Equity Share takes into account a discount of Rs. 222.94 per Equity Share (4.11% on the floor price) aggregating to approximately Rs. 599.99 crore, pursuant to the Issue.

Pursuant to the allotment of Equity Shares in the Issue, the paid-up equity share capital of the Company stands increased from Rs. 25,49,63,670 consisting of 2,54,96,367 Equity Shares to Rs. 26,65,02,120 consisting of 2,66,50,212 Equity Shares.

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Wed, May 05 2021. 11:58 IST
RECOMMENDED FOR YOU
RECOMMENDED FOR YOU