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Panache Digilife Ltd IPO (PDL IPO) Details

Panache Digilife Ltd IPO (PDL IPO) Details - Apply IPO

Panache Digilife Ltd IPO (PDL IPO) Details:

Panache Digilife Ltd engages in manufacturing, assembling, and trading in computer systems and accessories in India and internationally. The company offers various IT infrastructure products and embedded solutions. It provides thin client, a network computer; point of sale systems; flash disks; mini, air, nano, and panel PCs; tablets; tracking and GPS solutions; and LED TV.

The company was formerly known as Vardhaman Technology Limited and changed its name to Panache Digilife Limited in February 2017. Panache Digilife Limited was incorporated in 2007 and is based in Mumbai, India.

Objects of the Issue:

The objects of the Issue are:

  1. Working Capital Requirements;
  2. General Corporate Purposes.
Panache Digilife Ltd IPO (PDL IPO) Details:
  1. Issue Open: April 11, 2017 – April 17, 2017
  2. Issue Type: Book Built Issue IPO
  3. Face Value: Rs 10 Per Equity Share
  4. Issue Size: 1,800,000 Equity Shares of Rs 10 aggregating up to Rs 14.58 Cr
  5. Issue Price: Rs. 75 – Rs 81 Per Equity Share
  6. Market Lot:  1600 Shares
  7. Minimum Order Quantity: 1600 Shares
  8. Listing At: NSE SME

Book Running Lead Manager:

PANTOMATH CAPITAL ADVISORS PRIVATE LIMITED

REGISTRAR TO THE ISSUE:

Bigshare Services Private Limited

E2, Ansa Industrial Estate, Sakivihar Road,

Sakinaka, Andheri (E), Mumbai – 400 072

Phone: +91 22 4043 0200 Fax: +91 22 2847 5201

Email: ipo@bigshareonline.com

Red Herring Prospectus (RHP) Of Panache Digilife Ltd IPO (PDL IPO):

Panache Digilife IPO (PDL IPO) Prospectus

Market Update:

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Some SME IPO will also be active in market in coming week.

This year we can see some good IPO hitting market like NSE Ltd IPOHDFC Standard life insurance, SBI life insurance etc.

Keep watching this blog to keep yourself updated with all the news.

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