{"id":40205,"date":"2024-05-08T10:42:47","date_gmt":"2024-05-08T05:12:47","guid":{"rendered":"https:\/\/mint-money.in\/index.php\/2024\/05\/08\/finelistings-technologies-limited-ipo-opens-on-may-07-2024\/"},"modified":"2024-05-08T10:42:47","modified_gmt":"2024-05-08T05:12:47","slug":"finelistings-technologies-limited-ipo-opens-on-may-07-2024","status":"publish","type":"post","link":"https:\/\/mint-money.in\/index.php\/2024\/05\/08\/finelistings-technologies-limited-ipo-opens-on-may-07-2024\/","title":{"rendered":"Finelistings Technologies Limited IPO Opens on May 07, 2024"},"content":{"rendered":"
\n

Mumbai (Maharashtra) [India], May 8:<\/strong> Finelistings\u00a0Technologies Limited,\u00a0one of the\u00a0leading player in the luxury car retail and software development sectors, has announced its plan to go public with an Initial Public Offering (IPO)\u00a0on\u00a0May 07, 2024. The company is aiming to raise\u00a0\u20b9\u00a013.53\u00a0Crore\u00a0at the price of\u00a0\u20b9\u00a0123per share\u00a0through this IPO, with shares set to be listed on the\u00a0BSE SME\u00a0platform.<\/p>\n

The issue size is Up to\u00a011,00,000\u00a0equity\u00a0shares at face value of\u00a0\u20b9\u00a010 each.\u00a0<\/p>\n

Equity Share Allocation<\/p>\n

\u25cf\u00a0Non-Institutional Investors (NII) \u2013\u00a0Up To\u00a05,21,000\u00a0Equity Shares<\/p>\n

\u25cf\u00a0Retail Individual Investors (RII) \u2013\u00a0Up To\u00a05,21,000\u00a0Equity Shares<\/p>\n

\u25cf\u00a0Market Maker \u2013\u00a0Up To\u00a058,000\u00a0Equity Shares<\/p>\n

The net proceeds from the IPO will be utilized\u00a0for thePurchase of Software,\u00a0meet Working Capital Requirements, and for General Corporate Purposes.\u00a0The Issue closes\u00a0on\u00a009thMay\u00a02024.<\/p>\n

The Lead Manager to the Issue\u00a0is\u00a0Fedex\u00a0Securities Private Limited.\u00a0The Registrar to the Issue is\u00a0Skyline Financial Services Private Limited.<\/p>\n

Mr.\u00a0Arjun Singh Rajput,\u00a0Managing Director\u00a0ofFinelistings\u00a0Technologies Limited\u00a0expressed,\u00a0\u201cWe are\u00a0gladto announce our Initial Public Offering and take this significant step in the growth journey of\u00a0FinelistingsTechnologies Limited. This IPO marks a new chapter for us, enabling us to further expand our operations and offerings in the luxury car retail and software development sectors.\u00a0<\/p>\n

The funds raised through this IPO will be utilized to purchase software, meet working capital requirements, and for general corporate purposes, enabling us to enhance our services, expand our reach, and drive future growth. Our goal is to revolutionize the luxury car retail industry by providing a seamless online-to-offline automotive ecosystem that enhances connectivity and accessibility for our customers. We are committed to delivering superior customer experiences through our rigorous inspection and certification process, comprehensive after-sales services, and innovative technological solutions.\u201d<\/p>\n

Mr. Uday Nair, Director of Fedex Securities Private Limited said, \u201cWe are delighted to be associated with Finelistings Technologies Limited. This IPO marks an exciting milestone for Finelistings Technologies Limited, presenting a significant opportunity for the company to accelerate its growth trajectory. With its strong presence in the luxury car retail and software development sectors, Finelistings Technologies Limited is well-positioned to capitalize on the expanding market demand. With a solid foundation and a clear vision for the future, we are confident that Finelistings Technologies Limited will continue to achieve new heights of success.\u201d<\/p>\n

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Mumbai (Maharashtra) [India], May 8: Finelistings\u00a0Technologies Limited,\u00a0one of the\u00a0leading player in the luxury car retail and software development sectors, has announced its plan to go […]<\/p>\n","protected":false},"author":3,"featured_media":40206,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21],"tags":[243,242],"class_list":["post-40205","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press-release","tag-pr","tag-press-release"],"_links":{"self":[{"href":"https:\/\/mint-money.in\/index.php\/wp-json\/wp\/v2\/posts\/40205","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mint-money.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mint-money.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mint-money.in\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/mint-money.in\/index.php\/wp-json\/wp\/v2\/comments?post=40205"}],"version-history":[{"count":0,"href":"https:\/\/mint-money.in\/index.php\/wp-json\/wp\/v2\/posts\/40205\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mint-money.in\/index.php\/wp-json\/wp\/v2\/media\/40206"}],"wp:attachment":[{"href":"https:\/\/mint-money.in\/index.php\/wp-json\/wp\/v2\/media?parent=40205"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mint-money.in\/index.php\/wp-json\/wp\/v2\/categories?post=40205"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mint-money.in\/index.php\/wp-json\/wp\/v2\/tags?post=40205"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}