An SME IPO with 2,616,000 equity shares with a face value of ₹10 and a total value of up to ₹21.45 Crores is being offered by Infollion Research Services. The issue price is fixed at ₹80 to ₹82 per share. The IPO consists fresh issue size of 22,24,000 equity shares and offer for sale (OFS) of 3,92,000 equity shares. The shares are intended to be listed on NSE SME, and the initial public offering (IPO) begins on May 29 and ends on May 31, 2023. 1,600 equity shares, representing a minimum investment of Rs. 1.31 lakh, make up the issue’s market lot size.
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