13 Apr 2022 , 09:16 AM
The committee determined and approved the allocation of 8,55,59,435 Equity Shares at an Issue price of Rs101.10 per Equity Share (including a premium of Rs99.10 per Equity Share), which is at a discount of Rs5.28 per Equity Share i.e. 4.96% to the floor price of Rs106.38 per Equity Share, for the Equity Shares to be allotted to the eligible qualified institutional buyers in the Issue.
Further, the board approved and finalised the confirmation of allocation note to be sent to eligible qualified institutional buyers, intimating them of the allocation of Equity Shares pursuant to the Issue; and refund intimation letter, to be sent to the bidders who are entitled to receive the refund amount, if any and approved and adopted the placement document dated April 12, 2022.
On Wednesday early morning trade, Indiabulls Real Estate was trading at Rs110.65 per piece higher by 1.47% on Sensex.
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.