Infibeam Incorporation Limited

Discussion in 'IPOs And NFOs' started by Farhan Ghumra, Mar 17, 2016.

  1. Farhan Ghumra

    Farhan Ghumra Active Member

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    Object of the Issue
    The Company proposes to utilise the Net Proceeds from the Issue towards funding of the following objects:
    • Setting up of cloud data centre and purchase of property for shifting of the registered and corporate offices of the Company
    • Setting up of 75 logistics centres;
    • Purchase of software; and
    • General corporate purposes.
    Issue Highlights
    Issue opens : Monday, March 21, 2016
    Issue closes : Wednesday, March 23, 2016
    Price Band : Rs. 360 – Rs. 432
    Bid Lot : 34 Equity Shares & in multiples thereafter
    Face Value : Rs.10/-
    Issue Size : Rs. 450 Crs.
    Listing : BSE and NSE
    Payment : Compulsorily ASBA Mode
    Industry : E Commerce
    Registrar : Link Intime India Private Limited

    More details: https://www.chittorgarh.com/ipo/infibeam_ipo/532/

    What's your thoughts guys?
     
  2. w4wealth

    w4wealth Well-Known Member

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    trading bet.:)
     
  3. priya agrawal

    priya agrawal Member

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    For raising funds to carry out different operational activities a firm launches it Initial Public Offering in the market. For further raising funds FPO's are also issued.