Offer to Buy - Live
All Prices in
SALEM ERODE INVESTMENTS LTD
BSE Bid DetailsBSE Demand Schedule
scripnameSALEM ERODE INVESTMENTS LTD
Security TypeEquity
SymbolSALEM
Issue TypeTakeover
Issue Period19 Aug 2019 to 30 Aug 2019
Tick Price0.01
Market Lot1
Book Size – No. of Shares29,50,280
Minimum Offer Quantity1
Maximum Offer Quantity29,50,280
Face Value1.00
Floor Price/Offer Price26.40
Cummulative Bid Quantity
( AS ON Aug 30 2019 3:30PM )
Total Cumulative Bidded QtySubscription% of Total
Total2025506.87%
Demat Shares2025506.87%
Physical Shares00.00%
LTP1.25
Name of Acquirer(s)/CompanyICL Fincorp Ltd
Buyer MemberChoice Equity Broking Private Ltd
Book Running Lead ManagerSAFFRON CAPITAL ADVISORS PRIVATE LIMITED
RegistrarNiche Technologies Private Limited
Letter Of Offer
Public Announcements1) Public Announcement

2) Detailed Public Statement

Exchange Notices1) Opening of Offer to Buy – Acquisition Window (Takeover) for Salem Erode Investments Limited

2) Settlement Schedule Offer to Buy – Acquisition Window (Takeover) for Salem Erode Investments Limited

3) Offer to Buy – Acquisition Window (Takeover) for SALEM ERODE INVESTMENTS LTD- Live Activities Schedule