🚀 IPO GMP 18 March 2024 🚀
Exciting news for investors! Anfuz Solutions company has opened its IPO for investment. The IPO will be open for subscription from March 15th to March 19th. The company aims to raise ₹22.2 crores from the stock market through its IPO.
Anfuz Solutions primarily operates in various domains such as data management and analytics, e-commerce and digital services, machine learning and AI, and adtech and technology solutions. The IT and BPM sector has been positively contributing to India’s economic growth.
The company will issue 23.37 lakh new equity shares in its IPO, raising ₹22.2 crores. The IPO price band is set at ₹91-96 per share, and investors can purchase up to 1,200 shares under Lot 1.
Experts reviewing the grey market indicate that the company’s shares are trading at a premium of ₹60 in the grey market. Investors will receive their IPO shares on March 20th, and the company’s shares will be listed on the stock exchange on March 22nd.
Hem Securities has been appointed as the lead manager for the IPO, with Bigshare Services as the IPO registrar. 50% of the IPO quota has been reserved for QIB investors, with 35% for retail investors and the remaining 15% for NII.
The funds raised through the IPO will be used to repay debts, fulfill working capital requirements, and meet corporate objectives. Don’t miss the opportunity to invest in Anfuz Solutions and be part of its growth journey!
Disclaimer: This is News Coverage with Opinions of Experts and Should Not Be Taken as Direct Market Buying Tip. Market is always subject to risk. We recommend taking our content as research before investing.