Indian Telephone Industries Limited FPO period Jan 24 to Jan 28:
Indian Telephone Industries (ITI) Limited launched in 1950, in Bengaluru. It is a public sector company, and it managed by the telecommunications department. The company also entered into the public through its IPO, in both BSE and NSE. At present, the company likes to introduce its new shares through FPO. The subscription will open on Jan 24 and it will close on Jan 28, 2020.
Indian Telephone Industries FPO Details:
|Bid Period||Jan 24 to Jan 28, 2020|
|IPO Type||Book Built Issue FPO|
|Fresh Issue||180,000,000 Eq shares of Rs 10 (aggregating up to Rs cr)|
|Face Value||Rs 10 Per Eq Share|
|Issue Price||Rs 72 to Rs 77 Per Eq Share|
|Market Lot||150 shares|
|Minimum Order Quantity||150 shares|
|Listing At||BSE, NSE|
It is a Book Built Issue type Follow on Public Offer. The fresh issue of the NFO is 180,000,000 equity shares. The issue face value of Rs 10 per equity share. Furthermore, the FPO value around Rs 72 to Rs 77 per share at the subscription period. Moreover, the minimum order quantity and the market lot is 150 share.
The President of India, acting through the Department of Telecommunications, Ministry of Communications, Government of India is the promoter of the company.
|Pre Issue Share Holdings||89.97%|
|Pre Issue Share Holdings.|
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