Business Standard

Containe Technologies Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

2.62 cr

Price Range (₹)

15

Lot Size

8000

Min Investment (₹)

1,20,000.00

Listing Exchange

BSE - SME

Open Date

20-Sept-2022

Close Date

22-Sept-2022

Listing Date

30-Sept-2022

Containe Technologies Ltd News

    The Shares of Containe Technologies Ltd have now been listed.

    Containe Technologies Ltd IPO Details

    Initial public offer of 17,44,000 equity shares of face value of Rs. 10/- each (Equity Shares) Containe Technologies Limited (the Company or the Issuer) for cash at a price of Rs. 15/- per equity share, including a share premium of Rs. 5/- per equity share (the Issue Price), aggregating to Rs. 2.62 crores (The Issue), of which 88,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 15/- per equity share, aggregating to Rs. 0.13 crores will be reserved for subscriptions by the market maker to the issue (the Market Maker Reservation Portion). The issue less market maker reservation portion i.e. issue of 16,56,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 15/- per equity share, aggregating to Rs. 2.48 crores is hereinafter referred to as the Net Issue. The issue and the net issue will constitute 27.93% and 26.52% respectively of the post issue paid-up equity share capital of the company. The face value of the equity share is Rs. 10/- each and the issue price is Rs. 15/- each i.e., 1.5 times of the face value of the equity shares. The minimum lot size is 8,000 equity shares l

    Objective of issue

    To meet the working capital requirements. General corporate purposes.

    Containe Technologies Ltd Contact Details

    Containe Technologies Ltd, Subramanian Building, 1ST Floor No 1, Club House Road, Chennai - 600002

    Phone - 91-44-28462700

    Fax - 91-44-28460129

    Email - cs@containe.in

    Website - www.containe.in