Forge Auto International's IPO opens. Check GMP, price band and other details
SME IPO of Sahasra Electronic Solutions has opened for subscription and closes on September 30, Monday. The company aims to raise nearly Rs 31.10 crore through the SME IPO and list the shares on NSE SME platform.
Here are 10 key things investors need to know about the public offer before subscribing to the issue:
1) Forge Auto International IPO size
The IPO is entirely a fresh equity issue of 28.80 lakh shares and through the issue, the company plans to raise Rs 31.10 crore.
2) Forge Auto International IPO price band
It is a 100 % Book Building issue. For the IPO, Sahasra Electronic has fixed a price band of Rs 102-108 per share, where investors can bid for 1,200 shares in one lot.
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