News Details
Category : IPO
Headline : Computer Age Mgt announces launch of initial public offering
Date: 15/09/2020 14:30
Computer Age Management Services Ltd. has announced public offering of 18246600 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 1,220.00 per share. The gross proceeds of the issue are expected to be Rs 2,24,433.18 lakhs.

The company's initial public offer (IPO) will open on 21 September 2020 and is expected to close on 23 September 2020, subject to customary closing conditions. The price band of the issue has been fixed at Rs 1,220.00-1,230.00 per share.

The IPO includes a fresh Issue of 18246600 Equity Shares of the Company at an price of Rs 1,230.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 12 shares with bids in multiples of 12.

Computer Age Management Services Ltd. anticipates using the proceeds of the issue for .

HDFC Bank Limited,Kotak Mahindra Capital Company Ltd.,Nomura Financial Advisory & Securities (I) P Ltd.,ICICI Securities Limited as lead manager(s) & Link Intime India Private Limited is the registrar, to the issue.