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An initial public offering (IPO) refers to the process of offering shares of a private corporation to the public in a new stock issuance. An IPO allows a company to raise capital from public investors. During the IPO trading, a fraction of shares are reserved for different type of investors including individual investors, Qualified Institutional Buyers and High Net worth Individuals. The IPO is either a Fixed Price Issue or Book Built Issue. NRIs can invest in IPO through NRE/NRO NON PINS Account. IPO applications are disabled for NRIs in USA and Canada.
| IPO Name | Issue size (in cr.) |
Price Band (ā¹) |
Open Date | Close Date |
|---|---|---|---|---|
| Storage Technologies & Automation Ltd | 29.95 | 73-78 | Apr 30, 2024 | May 03, 2024 |
| Amkay Products Ltd | 12.61 | 52-55 | Apr 30, 2024 | May 03, 2024 |
ICICI Securities Limited- AMFI registered Mutual Fund Distributor. Registered office of I-Sec is at ICICI Securities Ltd. (I-Sec) - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel: (91 22) 6807 7100, Fax: (91 22) 6807 7803. I-Sec is also a SEBI registered with SEBI as a Research Analyst vide registration no. INH000000990. AMFI Registration No.: ARN-0845. Mutual Fund Investments are subject to market risks, read all scheme related documents carefully. Please note, Mutual Fund related services are not Exchange traded products and I-Sec is just acting as distributor to solicit these products. All disputes with respect to the distribution activity, would not have access to Exchange investor redressal forum or Arbitration mechanism. The contents herein above shall not be considered as an invitation or persuasion to trade or invest. I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon.
