Investors, get ready for an exciting chance! A fresh IPO is set to launch on August 17th.
Introducing the Shoora Designs IPO – a great opportunity in the market.
The IPO for this SME company is priced at Rs 48 per share. Let’s dive into the details of this IPO.
Lot Size and Investment
For the Shoora Designs IPO, the lot size is 3000 shares. This means investors need to commit a minimum of Rs 1,44,000.
Retail investors can bid for a maximum of 2 lots, which equals 6000 shares. This move aims to generate Rs 2.03 crore through the IPO.
Timeline: Opening and Listing
The Shoora Designs IPO will be open until August 21, 2023. The company will allocate shares on August 24, and trading will commence on August 29.
It’s worth noting that the listing will occur on BSE SME.
Promoter’s Stake Adjustment
Currently, the promoters hold a 100% stake in Shoora Designs. However, post the IPO, this will decrease to 71.77%.
The company boasts three promoters: Satish K, Sejalben Satish, and Rajeshbhai.
