Capital Numbers Infotech IPO: Check key dates, subscription, price band and other details
Capital Numbers Infotech IPO kicks-off from today as the company plans to raise around Rs 169 crore through the public offer. The issue includes a fresh equity sale worth Rs 85 crore and an offer for sale (OFS) of 32.2 lakh shares.
In the IPO, qualified institutional buyers (QIB) will have about 50% of the shares reserved for them, while retail and non-institutional investors have to bid in the categories that have a reservation of 35% and 15%, respectively.
Funds raised from the IPO will be used for technical advancements, spending on business developments, investment in subsidiaries, funding inorganic growth and general corporate purposes.
Check GMP of Capital Numbers
Ahead of the issue opening, Capital Numbers GMP is robust at Rs 136, which is nearly a 52% premium to the issue price.
Capital Numbers Infotech IPO price band
Capital Numbers Infotech IPO is priced in the range of Rs 250-263 apiece, where investors can bid for 400 shares in one lot.
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