The Italian Edibles IPO is a fixed-price issuance worth Rs 26.66 crores. The offering consists wholly of 39.2 lakh new shares.
The Italian Edibles IPO started for subscriptions on February 2, 2024 and will end on February 7, 2024. The allotment for the Italian Edibles IPO is expected to be completed on Thursday, February 8, 2024. The Italian Edibles IPO will list on NSE SME, with a tentative listing date of Monday, February 12, 2024.
Italian Edibles’ IPO price is ₹68 per share. The minimum lot size for an application is 2000 shares. The minimum investment for retail investors is ₹136,000. The minimum investment for HNI is 2 lots (4,000 shares) for ₹272,000.
Italian Edibles IPO Details
IPO Date | February 2, 2024 to February 7, 2024 |
Listing Date | [.] |
Face Value | Rs 10 per share |
Price | Rs 68 per share |
Lot Size | 2000 Shares |
Total Issue Size | 3,920,000 shares (aggregating up to Rs 26.66 Cr) |
Fresh Issue | 3,920,000 shares (aggregating up to Rs 26.66 Cr) |
Issue Type | Fixed Price Issue IPO |
Listing At | NSE SME |
Share holding pre issue | 10,857,151 |
Share holding post issue | 14,777,151 |
Market Maker portion | 200,000 shares |
Italian Edibles IPO Timeline
IPO Open Date | Friday, February 2, 2024 |
IPO Close Date | Wednesday, February 7, 2024 |
Basis of Allotment | Thursday, February 8, 2024 |
Initiation of Refunds | Friday, February 9, 2024 |
Credit of Shares to Demat | Friday, February 9, 2024 |
Listing Date | Monday, February 12, 2024 |
Cut-off time for UPI mandate confirmation | 5 PM on February 7, 2024 |
Italian Edibles IPO Lot Size
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 2000 | Rs 136,000 |
Retail (Max) | 1 | 2000 | Rs 136,000 |
HNI (Min) | 2 | 4,000 | Rs 272,000 |