Euphoria Infotech India IPO opened for subscription today ie January 19, 2024 and closes on January 23, 2024. The allotment for the Euphoria Infotech India IPO is expected to be completed on Wednesday, January 24, 2024. Euphoria Infotech India IPO to list on BSE SME with tentative listing set as Monday, January 29, 2024.
Euphoria Infotech India IPO Subscription Status:
Euphoria Infotech India IPO was subscribed 24.62 times. The public number subscribed 61.05 times in the retail category, 0.22 times in QIB, and 21.01 times in the NII category.
Gray Market Premium
Meanwhile, shares of Euphoria Infotech India Limited are available for trading in gray market. According to investorgain.com, Euphoria Infotech India shares are available at a premium of ₹80 in gray market today.
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Euphoria Infotech India IPO is a book built number of ₹9.60 crores. The issue is a completely fresh issue of 9.6 lakh shares.
Euphoria Infotech India IPO price band is set at ₹96 to ₹100 per share. The minimum lot size per application is 1200 Shares. The minimum amount of investment required from retail investors is ₹120,000. The minimum lot size investment for HNI is 2 lots (2,400 shares) amounting to ₹240,000. Maximum Offer Amount for Qualified Institutional Investors is 912,000 shares.
Khandwala Securities Limited is the lead book-running manager of the Euphoria Infotech India IPO issue, while Mas Services Limited is the registrar for the issue.
Key Things to Know –
1)Euphoria Infotech India IPO GMP: Shares of the company are available at a premium of ₹80 in gray market today. The GMP increased by ₹20 to end of day1 in the gray market of ₹60 at the start of the IPO. The GMP indicates that investors are waiting for a listing of the shares at ₹180, 80% over the issue price of Rs100.
2) Euphoria Infotech India IPO Price: The Kolkata-based IT and ITes provider has set an IPO price at ₹96 to ₹100 per equity share.
3) Euphoria Infotech India IPO Date: The public issue opened on Friday January 19, 2024 and closes on January 23, 2024.
4) Euphoria Infotech India IPO size: The company aims to raise ₹9.6 crore from this public issue by issue of fresh shares.
5) Euphoria Infotech India IPO size: The minimum lot size for application is 1200 Shares. The minimum amount of investment required from retail investors is ₹120,000. The minimum lot size investment for HNI is 2 lots (2,400 shares) amounting to ₹240,000. Maximum Offer Amount for Qualified Institutional Investors is 912,000 shares. Maximum Bid Amount for Non-Institutional Investors is 884,400.
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6) Euphoria Infotech India IPO Date: The company will list on BSE SME with a tentative listing set as Monday, January 29, 2024.
7) Euphoria Infotech India IPO Registrar: Khandwala Securities Limited is the book-running lead manager of the Euphoria Infotech India IPO, while Mas Services Limited is the registrar for the issue.
8) Euphoria Infotech India IPO listing: The public issue is proposed for listing on BSE SME.
9) Euphoria Infotech India IPO date of listing: The probable date of share listing is December 26, 2023.
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Published: 19 Jan 2024, 20:04 IST