Graphisads Limited IPO to Open Soon – Check Subscriptions Date and Other Details Here

It has a Price-to-Earnings (P/E) ratio of 26.88, a Return on Equity (ROE) at 12.99 per cent, and Return on Capital Employed (ROCE) reaching 14.69 per cent.

Stock Market News: Graphisads Limited IPO to Open Soon – Check Subscriptions Date and Other Details Here
Representational Image

New Delhi: Graphisads Limited is all set to launch its Initial Public Offering (IPO). Graphisads Limited’s IPO is set within a price band of Rs 111 per share and will opens for subscription on November 30, 2023. The subscription will remain open till December 05, 2023. The listing platform is NSE SME Emerge.

With revenue from operations reaching Rs 9,843.4 lakh in FY23, marking an increase from Rs 8,917.07 lakh in FY22, the company showcases a growth of approximately 10.35 per cent. The company has net worth of Rs 4,492.76 lakh.

It has a Price-to-Earnings (P/E) ratio of 26.88, a Return on Equity (ROE) at 12.99 per cent, and Return on Capital Employed (ROCE) reaching 14.69 per cent.

Graphisads IPO is entirely a fresh issue of 4,812,000 equity shares with no book-built portion. The company aims to raise Rs 53.41 crore from the IPO.

Investors can bid for a minimum of 1200 shares and in multiples thereof. A retail investor is allowed to apply for only one lot or 1,200 equity shares. The price of one lot is Rs 1,33,200. Non-institutional investors (NIIs) need to bid for a minimum of two lots, or 2,400 equity shares.

First Overseas Capital is the book-running lead manager of the Graphisads IPO, while Kfin Technologies is the registrar for the issue.



FOLLOW US ON GOOGLE NEWS

Read original article here

Denial of responsibility! Todays Chronic is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – todayschronic.com. The content will be deleted within 24 hours.

Leave a Comment