Business Standard

Finelistings Technologies Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

13.53 cr

Price Range (₹)

123

Lot Size

1000

Min Investment (₹)

1,23,000.00

Listing Exchange

BSE - SME

Open Date

07-May-2024

Close Date

09-May-2024

Listing Date

14-May-2024

Finelistings Technologies Ltd News

    The Shares of Finelistings Technologies Ltd have now been listed.

    Finelistings Technologies Ltd IPO Details

    Initial public issue of upto 11,00,000 equity shares of face value of Rs. 10/- each (Equity Shares) of Finelisting Technologies Limited (The Company or the Issuer) for cash at a price of Rs. 123 per equity share (the Issue Price), (includ-ing a premium of Rs. 113 per equity share), aggregating Rs. 13.53 crores (The Issue), of which 58,000 equity shares of face value of Rs. 10/- for cash at a price of Rs. 123 each aggregating Rs. 0.71 crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less market maker reservation portion i.e. issue of 10,42,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 123 per equity share, aggregating to Rs. 12.82 crores is hereinafter referred to as the Net Issue. The issue and the net issue will constitute 30.25% and 28.66% respective-ly of the post issue paid up equity share capital of the company.The face value of the equity shares is Rs. 10/- each and the issue price is 12.3 times of the face value.

    Objective of issue

    Purchase of Software. To meet working capital requirements. General corporate purposes.

    Finelistings Technologies Ltd Contact Details

    Finelistings Technologies Ltd, D-153/A 1st Flr, Okhla Industrial Are, Phase-I, New Delhi-110020

    Phone - 91-11-26812682

    Fax - 91-11-30857562

    Email - cs@finelistings.com

    Website - www.finecars.co.in