Business Standard

ITI Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

1,399.86 cr

Price Range (₹)

71 - 77.00

Lot Size

150

Min Investment (₹)

10,650.00

Listing Exchange

MumbaiNSE

Open Date

-

Close Date

-

Listing Date

-

ITI Ltd News

    ITI Ltd IPO Details

    Further Public Offering of upto Rs.(*) Equity shares of face value of Rs. 10 each (equity shares) of ITI limited (the company Or the issuer) aggregating upto Rs.(*) Crores (the issue) comprising of a fresh issue of upto 180,000,000 equity shares for cash at a price of Rs. (*) Per equity share (the issue price), (the net issue) and an additional issue of upto Rs. 1,800,000 Equity Shares constituting 1% of the net issue which shall be reserved for allocation and allotment on a proportionate basis to eligible employees (defined below) (the employee reservation portion) for cash at a price* of Rs.(*) Per equity Share (the employee price). The issue shall constitute Rs.% of the post-issue paid-up equity share capital of the company, and the net issue shall constitute (*)% of the post-issue paid-up equity share capital of the company.Price Band: Rs.72 to Rs.77 per equity share of face value of Rs.10 each.The Floor Price is 7.2 times the face value of the Equity Shares and Cap Price is 7.7 times the face value of the Equity Shares.Bid can be made for minimum of 150 equity shares and in multiples of 150 equity shares thereafter.

    Objective of issue

    ITI Ltd Contact Details

    ITI Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

    Phone - 91-40-67162222

    Fax - 91-40-23001153/23420814

    Email - secretary@itiltd.co.in

    Website - www.itiltd.in