Jaipur (Rajasthan) [India], February 28 (ANI/PNN): VertexPlus Technologies Limited, a Jaipur based Information Technology company engaged in consulting, outsourcing, infrastructure and digital solutions and services, has announced its IPO for 14,79,600 shares at a price band of Rs 91-96 per share, with a face value of Rs 10 per share. Out of 14,79,600 shares, 7,02,000 shares are reserved for the QIB quota (including Anchor Reservation), 2,11,200 shares will be reserved for the HNI quota and 4,92,000 shares are reserved for the retail quota, whereas 74,400 shares have been set aside under the market maker quota. The shares will be sold in lot size of 1,200 shares. The issue opens on the 1st March 2023 for the anchors and on the 2nd March 2023 otherwise. The closing date is 6th March 2023. It will subsequently be listed on the NSE Emerge platform. The lead manager to the issue is Beeline Capital Advisors Pvt. Ltd. The projected utilisation of the proceeds raised from the issue is: - 70 p
Get latest articles and stories on Business at LatestLY. VertexPlus Technologies Limited, a Jaipur based Information Technology company engaged in consulting, outsourcing, infrastructure and digital solutions and services, has announced its IPO for 14,79,600 shares at a price band of Rs 91-96 per share, with a face value of Rs 10 per share. Out of 14,79,600 shares, 7,02,000 shares are reserved for the QIB quota (including Anchor Reservation), 2,11,200 shares will be reserved for the HNI quota and 4,92,000 shares are reserved for the retail quota, whereas 74,400 shares have been set aside under the market maker quota. The shares will be sold in lot size of 1,200 shares. The issue opens on the 1st March 2023 for the anchors and on the 2nd March 2023 otherwise. The closing date is 6th March 2023. It will subsequently be listed on the NSE Emerge platform. The lead manager to the issue is Beeline Capital Advisors Pvt. Ltd. Business News | VertexPlus Technologies Brings Its IPO on 2nd March