Edelweiss Financial Services Limited has announced the price band for the Initial Public Offering (IPO) of its subsidiary, EAAA India Alternatives Limited. The price band for the equity shares, with a face value of ₹5 each, has been fixed between ₹1,585 and ₹1,665 per share. The minimum bid lot for the IPO will be 9 equity shares.
EAAA India Alternatives IPO Price Band Announced
Edelweiss Financial Services Limited has officially disclosed the price band for the upcoming Initial Public Offering (IPO) of its subsidiary, EAAA India Alternatives Limited. This announcement follows the necessary regulatory disclosures and approvals for the public listing.
Key IPO Details
The price band for the IPO has been set by the IPO Committee of the Board of Directors of EAAA India Alternatives Limited. The range for the equity shares, each with a face value of ₹5, is as follows:
- Floor Price: ₹1,585/- per equity share
- Cap Price: ₹1,665/- per equity share
Bid Lot Information
Investors interested in participating in the IPO will adhere to a specific bid lot structure. The minimum bid lot comprises 9 equity shares of face value ₹5 each. Subsequent bids must be made in multiples of 9 equity shares thereafter.
This information provides potential investors with crucial details to evaluate their participation in the EAAA India Alternatives Limited IPO.
Source: BSE
