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Redington IPO is a book built issue of Rs 149.51 crores.
Redington IPO bidding started from January 22, 2007 and ended on January 25, 2007. The shares got listed on BSE, NSE on February 15, 2007.
Redington IPO price band is set at ₹95 to ₹113 per share. The minimum lot size for an application is 60 Shares. The minimum amount of investment required by retail investors is ₹6,780.
Axis Capital Limited is the book running lead manager of the Redington IPO, while Cameo Corporate Services Limited is the registrar for the issue.
Refer to Redington IPO RHP for detailed information.
IPO Date | January 22, 2007 to January 25, 2007 |
Listing Date | February 15, 2007 |
Face Value | ₹10 per share |
Price Band | ₹95 to ₹113 per share |
Lot Size | 60 Shares |
Total Issue Size | 13,231,000 shares (aggregating up to ₹149.51 Cr) |
Issue Type | Book Built Issue IPO |
Listing At | BSE, NSE |
Share holding pre issue | 64,634,746 |
Share holding post issue | 77,865,746 |
Investors can bid for a minimum of 60 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 60 | ₹6,780 |
Retail (Max) | 29 | 1740 | ₹196,620 |
Lot Size Calculator |
Share Holding Pre Issue | 52.45% |
Share Holding Post Issue | 43.54% |
Redington (India) Limited is one of the leading distributors of IT products and providers of logistics, supply chain management and other support services in India, Middle East and Africa. Apart from distribution they also provide support services for IT hardware and mobile phones.
Redington's international operation is principally concentrated in Middle East and Africa. They operate in Middle East and Africa through their subsidiary Redington Gulf FZE and its subsidiaries.
Redington another wholly owned subsidiary, RDPL caters to the Sri Lankan and Bangladesh market in addition to the zero duty business in India.
The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges and to raise capital
1. To establish four ADCs in India;
2. To establish 68 SRCs in India.
3. To invest in wholly owned subsidiary, Cadensworth (India) Private Limited to establish SRC for LCD repairs;
4. To invest in wholly owned subsidiary, Redington Gulf FZE to establish an ADC in Dubai.
The Redington IPO is subscribed 43.27 times on January 25, 2007 5:00:00 PM. The public issue subscribed 12.16 times in the retail category, 59.06 times in the QIB category, and 41.81 times in the NII category. Check Day by Day Subscription Details (Live Status)
Category | Subscription (times) |
---|
Listing Date | February 15, 2007 |
BSE Script Code | 532805 |
NSE Symbol | REDINGTON |
ISIN | INE891D01026 |
Final Issue Price | ₹113 per share |
Price Details |
---|
Final Issue Price |
Open |
Low |
High |
Last Trade |
BSE |
---|
₹113.00 |
₹140.00 |
₹125.00 |
₹174.45 |
₹163.25 |
NSE |
---|
₹113.00 |
₹130.00 |
₹113.00 |
₹174.40 |
₹163.70 |
Redington (India) Limited
Redington (India) Limited,
SPL Guindy House, 95, Mount Road, Guindy,
Chennai 600 032, India.
Phone: +91 44 2235 3313
Email: investors@redington.co.in
Website: http://redingtonindia.com
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: redington@cameoindia.com
Website: https://ipo.cameoindia.com/
Redington IPO is a main-board IPO of 13,231,000 equity shares of the face value of ₹10 aggregating up to ₹149.51 Crores. The issue is priced at ₹95 to ₹113 per share. The minimum order quantity is 60 Shares.
The IPO opens on January 22, 2007, and closes on January 25, 2007.
Cameo Corporate Services Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The Redington IPO opens on January 22, 2007 and closes on January 25, 2007.
Redington IPO lot size is 60 Shares, and the minimum amount required is ₹6,780.
You can apply in Redington IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Redington IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Redington IPO allotment status.
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I subscribed the Kotle patil IPO for 120 shares with 145 per share. but i havn't got even single share. could anyone reply me how i will get the refund for the invested amount.
Regards,
Suryakant