Object reference not set to an instance of an object. Initial Public Offering | Upcoming IPO NSE & BSE Market India | IPO Allotment Status - GEOJIT
IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Wherrelz IT Solutions Ltd
Registered Office: Plot No.15 Road 10 Sec-1,New Panvel East , Navi Mumbai - 410206 , Maharashtra , India.
Phone : 91-9811221082   Fax:
Email :  official@wherrelz.com  
Website :  www.wherrelz.in
Public issue of upto 1,17,600 equity shares of face value of (Rs)10/- each ("Equity Shares") of Wherrelz IT Solutions Limited ("WITS" or The "Ccompany" or The "Issuer") for cash at a price of (Rs)171/- per equity share including a share premium of (Rs)161/- per equity share (The "Issue Price"), aggregating to (Rs)2.01 crores ("The Issue"), of which of 7200 equity shares of face value of (Rs)10/- each for cash at a price of (Rs)171 per equity share including a share premium of (Rs)161 per equity share aggregating to (Rs)0.12 crores will be reserved for subscription by market maker to the issue (The "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. Net issue of upto 1,10,400 equity shares of face value of (Rs)10/- each at a cash price of (Rs)171 per equity share including a share premium of (Rs)161 per equity share aggregating to (Rs)1.89 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 30.18% and 28.34%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is (Rs)10/- each and the issue price (Rs)17.10 times of the face value. Minimum application size of 800 equity shares and in multiples of 800 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
16-Dec-21 21-Dec-21 (Rs)171.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :800  Further Multiples of :800

  (Rs Cr) Lead Managers to the Issue
Project Cost 2.01
Fedex Securities Pvt Ltd
Project Financed through Current Offer 2.01  
Post Issue Equity Share Capital 0.39  
Issue Price (Rs)171.00  
 
Projects
Funding Working Capital RequirementsGeneral Carporate Purpose
Promoted By
Listing At
BSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd 
No Data Found.