Business Standard

Ospyn Technologies Ltd - IPO

Issue Type

Book Building - SME

Issue Size (₹ Cr.)

- cr

Price Range (₹)

0

Lot Size

-

Min Investment (₹)

-

Listing Exchange

BSE - SME

Open Date

-

Close Date

-

Listing Date

-

Latest IPO News

    Ospyn Technologies Ltd IPO Details

    Initial public offer of up to 55,00,000 equity shares of face value of Rs.10/- each (equity shares) of Ospyn Technologies Limited (the company or ospyn or issuer) at an issue price of Rs.[*] per equity share (including a share premium of Rs.[*] per equity share) for cash, aggregating up to Rs.[*] crores (public issue) out of which [*] equity shares of face value of Rs.10/- each, at an issue price of Rs.[*] per equity share for cash, aggregating Rs.[*] crores will be reserved for subscription by the market maker to the issue (the market maker reservation portion). The public issue less market maker reservation portion i.e. issue of [*] equity shares of face value of Rs.10/- each, at an issue price of Rs.[*] per equity share for cash, aggregating up to Rs.[*] crores is hereinafter referred to as the net issue. The public issue and net issue will constitute [*]% and [*]% respectively of the post- issue paid-up equity share capital of the company. The price band and the minimum bid lot will be decided by the company in consultation with the brlm.

    Objective of issue

    Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company. Funding working capital requirements of the company. General corporate purposes.

    Ospyn Technologies Ltd Contact Details

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

    Phone - 91-40-67162222

    Fax - 91-40-23001153/23420814

    Email - cs@ospyn.com

    Website - www.ospyn.com