Info Edge India IPO
nfo Edge (India), a provider of online recruitment, matrimonial classifieds and related services in India (through its Web sites naukri.com, jeevansathi.com, etc.), is open for subscription with a initial public offering, IPO of 53.24 lakh equity shares of Rs 10 each through a 100% book building process.
The company plans to raise Rs 154.4 - 174 crore based on a price band of Rs 290-320 per share. The offer constitutes 19.5% of the fully diluted post issue paid-up equity capital of the company. The issue opens on October 30 and closes on November 2.
At least 60% of the issue will be given to qualified institutional buyers, QIBs of which, 5% will be allocated to mutual funds only; up to 10% will be given to non institutional bidders and remaining 30% to retail individual bidders on a proportionate basis.
Open and Forthcoming Issues
The company plans to raise Rs 154.4 - 174 crore based on a price band of Rs 290-320 per share. The offer constitutes 19.5% of the fully diluted post issue paid-up equity capital of the company. The issue opens on October 30 and closes on November 2.
At least 60% of the issue will be given to qualified institutional buyers, QIBs of which, 5% will be allocated to mutual funds only; up to 10% will be given to non institutional bidders and remaining 30% to retail individual bidders on a proportionate basis.
Open and Forthcoming Issues
posted by Yovan Shah at 7:31 PM
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