5paisa.com rights issue oversubscribed 111 pct
The firms rights issue received bids worth Rs 112 crore against the Rs 101 crore on offer.
The firms rights issue received bids worth Rs 112 crore against the Rs 101 crore on offer.
The rights issue was offered to existing shareholders of the company in the ratio of 1 equity share of Rs 10 each for every 1 equity share of Rs 10 each held in the company at a premium of Rs 70 per share i.e. issue price of Rs 80 each aggregating to Rs 101.9 crore.
The rights issue was offered to existing shareholders of the company in the ratio of 1 equity share of Rs 10 each for every 1 equity share of Rs 10 each held in the company at a premium of Rs 70 per share i.e. issue price of Rs 80 each aggregating to Rs 101.9 crore.
The company maiden rights issue has been oversubscribed 111%, with it receiving bids worth ₹ 112 crore against the ₹ 101 crore on offer
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