ITI FPO Date, Review, Price Band, Form & Market Lot Details

Vijay Prajapati
January 19, 2020

Vijay Prajapati

Indian Telephone Industries Ltd aka ITI FPO date is 24 January 2020 and closes on 31 January 2020. The company is based in Bangalore and incorporated in 1950. The company is a public sector company operates under the department of telecommunications. They are also diverse in defense, banks, telecommunications, financial institutions, information technology, and solar energy. ITI has 5 manufacturing units in Mankapur, Bengaluru, Palakkad, Naini, and Raebareli. They have over 3400 employees until August 2019. ITI already listed on BSE and NSE. Check the latest Share price over here. ITI share made a 52 week high of 116.70 and a low of 56.10 on NSE.

Note: ITI FPO Postponed due to low subscription numbers.

ITI FPO Review:

Apply with a Long Term View

ITI FPO Dates & Price Band:

FPO Open:	24 January 2020
FPO Close:	05 February 2020
FPO Size:	Approx ₹1399 Crore (Approx)
Face Value:	₹10 Per Equity Share
Price Band:	₹71 – ₹77 Per Share
Listing on:	BSE & NSE
Retail Portion:	10%
Equity:	180,000,000 Shares

ITI FPO Market Lot:

Lot Size:	Minimum 150 Shares & Maximum 2550 Shares
Minimum Amount:	₹11550
Maximum Amount:	₹196350

ITI FPO Allotment & Listing:

Basis of Allotment:	31-January-2020
Refunds:	03-February-2020
Credit to Demat Account:	04-February-2020
Listing Date:	05-February-2020

ITI FPO Form:

How to apply the ITI FPO? You can apply ITI FPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the ITI FPO in the Invest section. The other option you can apply ITI FPO via FPO forms download via NSE and BSE. Check out the ITI forms – click NSE Forms & BSE Forms blank FPO forms download, fill and submit in your bank or with your broker.

ITI Financial:

₹ in Crore
	Revenue	Assets	PAT
2015	664	3023	(-298)
2016	1790	3523	237
2017	2089	3205	266
2018	1812	4706	231
2019	–	–	–

Company Promoters:

The President of India

Quick Links:

DRHP Draft Prospectus
RHP Draft Prospectus

ITI FPO Registrar:

Karvy Computershare Private Limited
Karvy Registry House, 8-2-596, St. No. 1,
Banjara Hills, Hyderabad – 500 034
Andhra Pradesh, India
Phone: +91-40-23312454
Email: [email protected]
Website: https://karisma.karvy.com/
Note: Check ITI FPO allotment status on Karvy website allotment URL. Click Here

ITI FPO Lead Managers:

BOB Capital Markets Limited
Karvy Investor Services Limited
PNB Investment Services Ltd

Company Address:

Indian Telephone Industries Ltd
ITI Bhavan,
Doorvaninagar,
Bengaluru 560 016,
Phone: +91 80 2561 7486
Email: [email protected]
Website: http://www.itiltd.in/

ITI FPO FAQs:

When ITI FPO will open for Anchor Investors?

The Anchor Investors bidding date is 23 January 2020.

When ITI FPO will open for QIB, NII, and Retail?

The FPO to open on 24 January 2020 for QIB, NII, and Retail Investors.

What is ITI FPO Investors Portion?

The investors’ portion for QIB-50%, NII-15%, and Retail-35%.

How to Apply the ITI FPO?

You can apply ITI FPO via ASBA online via your bank account. You can apply ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

What is ITI FPO Allotment Date?

ITI FPO allotment date is 31 January 2020. You can check FPO allotment here.

What is ITI FPO Listing Date?

ITI FPO listing date is 5 February 2020. The FPO is already listed on NSE and BSE.

Note: The FPO price band and dates will be added as it will be officially announced. The FPO grey market premium (FPO GMP) will be added on the grey market page as it will start)

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