Zinka Logistics' Rs 1,115-Cr IPO to open on Nov 13; sets price band at Rs 259-273 a share

Quick Summary:

The IPO is a combination of a fresh issue of shares worth Rs 550 crore and an offer of sale (OFS) of up to 2.06 crore shares.

The Initial Public Offering (IPO) will open for public subscription on November 13 and conclude on November 18, the company announced.

The company said that 75% of the issue size has been reserved for qualified institutional buyers, 15% for non-institutional buyers and the remaining 10% for retail investors.

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Article Details

Author / Journalist: Press Trust of India

Category: StartupsEconomyBusiness

Markets: India

Topics: Shares Fresh Crore Company Issue Price Capital Privacy Band Policy Zinka

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-08 @ 12:52:49 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 385 words

Reading Time: 3 minutes read

Sentences: 21 lines

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News ID: 23470175

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